Large Scale Hemp Property – Multi Use Investment

Riverside County, CA, USA
$8,999,000

Details

Listing 177

Asking Price: $8,999,000

1 hour 45 minutes from Palm Springs, 3 hours from Los Angeles, and 4 hours from San Diego and Phoenix. Access to the North American freight railway system which connects Canada, Mexico, and the USA. Strategic location to ship to Nevada and Arizona.

  • 3,200 Acres
    • 2 Lots (764 Acres & 2,560 Acres)
    • 95% can be used for cultivation
  • 15,500,000 lbs of hemp per year (estimated yield @6000 lbs per acre)
    • 206,000 gallons of oil a year (estimated)
    • 781,200 liters of oil a year (estimated)
  • Zoned and approved for multiple uses in addition to Hemp Cultivation
    • Solar, Wind, Warehousing/Distribution Hub
  • Hemp Cultivation License
  • Water – (2) 350 Gallons per minute. The owners have completed two (2) water wells, plentiful water available for any size RAIL Served INDUSTRIAL HUB or Solar Energy
  • Power (Used to be a city, plenty of power infrastructure)
  • Potential Uses
    • Hemp Farming
    • Rail/Truck Terminals
    • Storage Facilities
    • SOLAR Production Facility
    • Airport

 

Terms of Purchase

  • Asking $8,999,000 ($2,812 / acre)
    • Includes 3324 Acres
      • Can be split into 764 Acres and a 2560 Acres unit
    • Proof of Funds required to be attached to a Letter of Intent
      • Due diligence package will be released with all information/licenses
  • Escrow 60 days (30 day contingency period)
    • Deposit $500,000

Scott Lisk — NAI Global – DRE# 00574287

  • ID: 5306
  • Published: December 12, 2019
  • Last Update: February 25, 2021
  • Views: 2459

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