Santa Barbara 245,000+ sq ft Cultivation

CannaMLS ID: 4126
Save Listing

Price: $15,000,000


Listing Details


Listing Category
Cultivation
Distribution

Medical
YES


Price: $15,000,000

Listing Status: For Sale

9+ acre operational licensed property with 120,000 sq. ft for the  cultivation of cannabis (70,000 sq. ft in greenhouse for flowering  and approximately 50,000 sq. ft for nursery and  vegetation).  CUP has been submitted for additional 125,000 sq. ft. of greenhouse.  For a total cultivation capability of 245,000 sq. ft. Distribution license application has been submitted and is under review.

Once the additional 125,000 sq. ft. of  greenhouse is completed, the revenues are estimated by management to exceed $6,500,000 per month.

Real estate was recently appraised at $10,500,000+.

 

 

Listed By:

STEVE B - DRE # 02116483
Alternative Real Estate Investments, Inc


Listing Details

Listing Status
For Sale

Location
Carpinteria, California 93013

Date Listed For Sale:
9/6/2020

Date Last Updated:
10/6/2020

Property Details

Built out / Turnkey
YES

Room for Expansion
YES

Pricing Details

Listing Price
$15,000,000

Lease Terms:

5 year option to extend.


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