Previously Turnkey Cultivation – Fully Licensed – With a Property at Market Value

Sacramento, CA, USA
$1,750,000

Details

Listing 4926 

ASKING: $1,750,000

Seize the unique chance to own a property that houses a cultivation facility, already partially constructed and previously operational. With over $450,000 in improvements and expansions already covered, the only steps remaining for the buyer are to complete the construction and set up the equipment. This will significantly enhance the cultivation footprint. Don’t miss this golden opportunity!

The property has undergone over $450,000 in improvements. It is a 7,100 sq ft stand a lone building corner lot, with a 700 sq ft fenced loading bay.

Highlights
  • Cultivation Small Indoor
    • 32 Lights Operational (Sometimes running 24) HPS
  • Can add 48 lights or 96 if you are using Grow Glide vertical solutions.
  • Would require power upgrade from SMUD or Alternative Power (Generators)
    • 3-6 months depending on what you go for.
  • Currently Paid Improvements
    • DPS Panels (Suite C) including installation, Plumbing, Sprinklers, and Tables.
    • Submitted floor plan (phase 2)
  • HVAC System two (2) 5 Tons for Suite B
  • State License Until January 20th, 2025
  • Full Security System interior and exterior to strict SPD/Cannabis codes
  • Manufacturing and Distribution licenses have been submitted but were not finalized.
  • Asset will be delivered free and clear of all debts, liabilities.
  • Sales Price for business and property licenses: $1,750,00

Can negotiate further if buyer is interested in allowing seller to remain as an operator in a 10×10 room under a manufacturing license. Please contact us for further details.

Real Estate:

  • 400 Amps Three Phase Power
    • Potential 100 Amp Three Phase Additional
  • 7,000 sq ft space
  • New HVAC System for Suite B
  • Three (3) restrooms
  • 8 Parking, seven foot security gate with ADA and Bike Racks
  • Property Comps very well on Costar
  • 3 Roll Up Doors
  • 16’ Ceilings
  • Sales Price for business and property licenses: $1,750,000

Miklos Campuzano – WeCann – DRE# 02072292

  • ID: 11170
  • Published: January 18, 2024
  • Last Update: March 6, 2024
  • Views: 460

CREC Directory

Law Office of Kim...
The Law Office of Kimberly R. Simms is a boutique law firm specializing in corporate business counseling and forma […]
Rair Capital, LLC.
A Lending Platform for Commercial Borrowers. Rair Capital’s commercial lending platform has the resources in plac […]
Nine Point Strate...
Nine Point Strategies (NPS) has been protecting the cannabis industry for over a decade nationally. They provide s […]
GreenSpacePro
Why Choose GreenSpacePro: Effective communication between cannabis operations is critical for success and complian […]