You can see other properties for sale and lease on CREC’s property directory or visit other online commercial real estate listing services such as LoopNet or CoStar.
CREC will help expose you to a wide range of commercial cannabis properties for sale near you.
Sign up as a buyer on our website to get started.
A real estate broker is a person who has taken education beyond the agent level as required by state laws and has passed a broker's license exam. Brokers can work alone or they can hire agents to work for them. Agents need to work in conjunction with a broker.
Although much of the appraisal process is similar for both traditional and cannabis properties, there are some key differences.
The returns earned by landlords and sellers tend to be higher for cannabis businesses. This results in higher appraised values, and ultimately higher sales prices. As with any appraisal of a commercial property, the quality of a tenant will have an impact on the appraisal price. Since the legal cannabis business is relatively new, knowing your tenant and how they impact the appraisal process is an important part of the commercial cannabis real estate process.
Cannabis properties are different than stocks since the underlying asset is real estate. This may be more comfortable for the investor, understandable and secure than investing in cannabis stocks which can experience a great deal of volatility. No one type of investment is appropriate for everyone.
Search through our directory of cannabis real estate properties
A PORTION OF YOUR TAXES MAY BE PAID by you or the former owner AT CLOSING ON YOUR PURCHASE. Once you own the property, the county sends a tax bill each year. In California taxes are usually paid in two semi-annual installments due in December and April of each year.
Yes, the information about property purchase and the terms and conditions of mortgage loans (if any) are recorded among the land records in the jurisdiction where the property is located.
These documents are public. Property records are maintained at either the county courthouse, county recorder, city hall or another city or county department. All property-related records, including property ownership, assessed values, maps, property sales listings, characteristics, and historical Tax Collector information are typically available. Many counties will also maintain records online.
There are a number of factors that play into what price to list your 420 friendly properties for cannabis use. The best place to begin is for us to find comparable properties in your area and understanding what they sold for, when they sold, and the differences between those properties and your own. We compare your property to other properties on the market and pay close attention to lease rates, amenities, and location.
For commercial properties, another factor to consider is the Capitalization Rate (or CAP rate) - This is the rate of return on your property, and takes the annual income of the property and divides it by the amount you invested. For example: If your investment in a property is $1,000,000, and the annual income on the property is $100,000, the CAP rate is 10% ($100,000 divided by $1 million). Individual factors, specific markets and the use of the property will impact what the CAP rate is for your property.
Learn more on our blog about why investing in cannabis is a wise move right now.
Sadly, not at this time. In most markets we are working, real estate values continue to climb...especially in the markets that are allowing cannabis businesses.
Demand for this special use will increase the value of qualifying properties, the amount of people, and the amount of ways to invest in cannabis.
Search through our available cannabis properties in green zones.
If you are an on-market seller, buyer, or investor of cannabis licenses / real estate now or in the future, than you HAVE to be listed in the CLS!
Did you get an email notification? We are currently reaching out to all contacts who have submitted information to us over the past 5 years and we hope you will take a moment to update your records in the CLS. If you received an email, please click the link to update each of your records or contact us at firstname.lastname@example.org for support updating your records for the CLS.
If you received an email, click the link to update your record. You can select inactive and put why in more details field or select active and then update all your details to be found in the CLS.
If you did not, you can add your details to the CLS below:
It is FREE for everyone to add their details to the CLS, to be matched now and in the future.
*Members of the CREC Network have full access to the Cannabis Listing Service and Matching Tools!
The Cannabis Listing Service (CLS) is a proprietary system and private database developed by Cannabis Real Estate Consultants to connect buyers and sellers based on their specific criteria entered in the CREC Portal.
When you add your details to the CLS, you are automatically matched with our current records and with people searching for your interests in the future!
This listing service not only shows viable, certified properties/licenses available for cannabis, but it also shows the buyers who are active and potentially interested in your opportunity. Join us as we scale to better match buyers and sellers in the cannabis industry, privately!
How Do I Access the Research & Matching Tools? Access to the matching tool and other technology is available to CREC Network Member Subscribers. When you submit your details into the CLS it will trigger the matching tool and our agents will contact you with any high quality opportunities. You will now be in the CLS and available for other matches in the future.
All your data has to be correct to make the most out of our matching tool, which uses 6 key data points in an algorithm developed from 5+ years of research in our brokerage. It has been designed to connect our audience with their best potential fits and you can only be matched if you have updated your CLS records. It should only take a few minutes to add your interests.
The CREC Portal and Custom Cannabis Maps allow you to pin point exact locations that will be viable for cannabis operations. There is truly no other tool on the market that provides more information to find eligible properties in a variety of locations.
We have more than one real estate developer/investor interested in finding cannabis tenants and are willing to buy, or build, buildings on parcels with qualified tenants.
They require qualified tenants and by qualified they mean businessmen who have a success story, preferably in the cannabis industry. If not, a the tenant should have a strong history outside of it. Our investors/developers are focused on the operators history of meeting their goals, scaling a business, and financial responsibility.
Qualifying takes a couple weeks, and requires three meetings with the developer/investors.
Have all your above documentation and information available to make the process go smoothly.