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Cannabis Industry Real Estate Report

OUTDOOR CANNABIS FARMS FOR SALE

$2,750,000
23244695 MLS ⋅ Closed Status
We are pleased to present for sale a unique property with endless possibilities located in the heart of Downtown Cathedral City! This property is strategically located in the Cathedral City Industrial Submarket off the 111 Hwy (+/- 35,000 VPD) with direct access to the I-10 Fwy (5 miles away) boasting an average of ~110,000 vehicles per day. The site is perfectly positioned across from City Hall, Community Amphitheater, Coachella Valley Repertory Theatre and within a very short walk to Cathedral City Auto Center, Mary Pickford Theaters and the recently opened Agua Caliente Casino. Excellent Investor or Owner User Opportunity. A portion of the property (14,690 SF) is leased. This 14,690 SF facility was built in 1975 and is split into 10 separate units (currently Auto Repair/Body Shop units). Each unit comes with their own front office, with a total of Eleven (11) on the property. The property's zoning, a rarity in the Coachella Valley, allows for auto repair uses making this a highly desirable investment opportunity for investors. The secondary structure approximately 3,500 SF is available for any investor looking to fill the remaining space with a tenant or any owner user looking to occupy the site. This structure recently operated as a Lounge/Nightclub for a number of years, but may also be operated as a Restaurant, Retail, Lounge, Nightclub, or other Entertainment venue. The site provides easy access, unobstructed street front visibility, ample private parking and patio area with voluminous mountain views. Recent Renovations Include: Property had all HVAC systems replaced in 2018. Newly layered roof, entirely repainted and complete renovation of landscape in 2020. This 48,787 sqft parcel is situated off the main HWY 111 that services Palm Springs, Rancho Mirage, Indian Wells and Cathedral City. The surrounding area has seen tremendous retail, industrial, and population growth which is expected to continue for years to come. Phase 1 and 2 have already been completed by the owner, property is zoned M1 (Commercial Retail). Excellent opportunity to convert into a self storage facility or cannabis (located within a green zone, buyer to verify.) Assumable financing is available. Contact listing agent for showing instructions or for more details!

36737 Cathedral Canyon Drive, Cathedral City
$700,000
3 Beds ⋅ 2 Baths ⋅ LC23018062 MLS ⋅ Closed Status
38 Acres in two legal parcels. All level terrain fenced and cross fenced for livestock. This property has a newly minted Major Use Permit for 1 acre of Outdoor Cannabis with 3 additional cottage licenses making a total grow allowance of 52,000 square feet. The infrastructure is in place for almost 1 acre of cannabis production. This is an ongoing operation that is totally turnkey. All systems are in place including drying facilities, two phase electricity, over 30,000 gallons of water storage, and a comfortable home. The property would also be great for livestock as it is totally fenced and cross fenced and all support equipment is in place. All support equipment for the Cannabis Operation also comes with the sale including an elaborate water filtration system. So if you are looking to jump into the Cannabis Business without worries about set up then this may be the property for you. Seller will consider owner financing with a significant down payment.

22066 Jerusalem Grade, Middletown
$2,999,999
V1-16199 MLS ⋅ Pending Status
19.53 acres in Somis right off Hwy 118 zoned AE. Currently there are 2 greenhouses totaling 16,800+/- square feet and 24 hoop houses each measuring 20'x144 plus numerous other shade structures.There is also a 2 bedroom 1 bath home with a detached garage. Numerous opportunities with this unique property. Parcel includes multiple APNsIt is also in a location for Ventura County Pilot Cannabis Cultivation Program which is to allow cannabis production inside existing greenhouses. Buyers to do the own due diligence.All appointments must be scheduled with listing agent.

3900 Groves Place, Somis
$400,000
2 Beds ⋅ 3 Baths ⋅ 2111753 MLS ⋅ ACTIVE Status
This intriguing custom-built home resides on 20ac of gentle and usable terrain with sunny southern exposure. The property is just outside of Hayfork, but a world away in terms of privacy and country living. The house has 2BDs and a total of 3 Lavatories spanning both levels. The upper most level is an expansive open-plan split-level living/kitchen/dining room. There are timber-clad soaring vaulted ceilings, and massive windows wrapping the whole room to take in the expansive views. Double sliding doors allow access to the upper covered deck; from there one is high enough to gaze out to the Hayfork Valley and beyond into the seemingly infinite and mighty Shasta-Trinity National Forest. The lower level of the home hosts the master bedroom suites, both with matching sliding glass doors out to the lower level covered decking with views all their own of the greenhouses below. One bedroom has the convenience of an attached half-bath. This property has tons of covered space; There's a huge metal workshop with rooms and lofts inside, a cement slab carport large enough for 4 cars, and (2) 24x100ft greenhouses with propane heaters, LED lighting, and fluffy dirt-stocked grow beds.

48 Rocky Rd, Hayfork
$260,000
LC22241667 MLS ⋅ Closed Status
278 Acres for hunting, farming, exploring, or just off grid living if you choose. This property has two barns, private power supply, and a tiny home complete with washer and dryer hook-up, small porch and custom kitchen. Across the driveway is the over-sized shop featuring concrete floors, built in storage and counters. Upstairs above the shop is a huge loft with recessed lighting and wired for a sound system. Outside the barn is a private out door shower , and a chicken coop and dog kennel with it's own water storage. There is a small pond that would need a liner for full usability. Lots of usable land for gardening, another home or parking. Cantwell Rock sits at the center and provides a great hiking or hunting experience for the avid outdoors man or women. There are several springs on the property with an abundance of water. This property is on the verge of a Cannabis permit if you prefer to go that route. Apn #s are 012-013-26, 27, and 29

23515 Morgan Valley Road, Lower Lake
$3,050,000
22216853 MLS ⋅ Closed Status
262 Castro Canyon sits on 20.5 acres just minutes from the town of Cuyama. There are 3.5 acres of cannabis cultivation approved through a land use permit (LUP). The cultivation site rests on a bench overlooking Castro Canyon and Cuyama. The site is usable for planting into native soil and also approved for greenhouse cultivation. A new 25 gpm pump has been installed to service the garden. There is an approved structure for worker housing onsite. This is a fantastic and affordable site for cultivators establishing cannabis production in Santa Barbara county.

1051 Foothill Road, Cuyama
$498,000
3 Beds ⋅ 2 Baths ⋅ 263154 MLS ⋅ ACTIVE Status
Country living in a modernized home. 20 acres with a great usable flat that currently hosts a cannabis license/permit for 10,000 square feet if you would like to ultilize this benefit that comes with the property. Here you will find sunshine, a huge 2800 square foot barn, another 400 square foot bonus room, two wells, and connected to public power!! This stylishly remodeled home was remodeled in 2016 with taste. Open kitchen with concrete countertops, statement range/hood ready for you to cook up the fresh veggies from your own garden. This home is a must see and is suitable for year round living. Lots of decking and views too. Been thinking of raising animals? There is room for that too. Get away from town and feel the sunshine! Creative financing available~seller carry, lease option etc

4605 Mcclellan Mountain Road, Bridgeville
$498,000
3 Beds ⋅ 2 Baths ⋅ 263067 MLS ⋅ ACTIVE Status
Country living in a modernized home, 20 acres with a great usable flat, privacy, sunshine, a huge 2800 square foot barn, another 400 square foot bonus room, two wells, and connected to public power!! This stylishly remodeled home was updated in 2016 with taste. Open kitchen with concrete countertops, statement range/hood ready for you to cook up the fresh veggies from your own garden. This home is a must see and is close to paved road/suitable for year round living. Lots of decking and views too. Been thinking of raising animals? There is room for that too. Get away from town and feel the sunshine! 10,000 sq ft cannabis license is active.

4605 Mcclellan Mountain Road, Larabee Valley
$3,900,000
3 Beds ⋅ 2 Baths ⋅ LC22221051 MLS ⋅ Closed Status
Benmore Valley Ranch is one of the most stunning valleys on the North Coast. Only 25 minutes from Hwy 101 and Hopland. The level valley floor allows a variety of crops to be grown, from fruits and vegetables to cattle and cannabis. Owner is selling the 311 acre southern portion of the ranch, which includes Benmore Lake. This 120+ acre foot reservoir is fully licensed and permitted for irrigation use (seller would like to retain 50% for his northern ranch). Two newer homes are on site for use by new owners or staff, as well as caretakers quarters in the maintenance building. Ranch has an 8 stall barn for horses, fenced and cross fenced, has 3 phase power, 2 domestic wells, solar panels, and trails for hiking, mountain biking, horseback riding, or ATV's. Benmore Valley is a spectacular feature on the summit of the Mayacamas Mountain Range. This ranch has a fascinating history and is named after one of the most colorful characters in Lake County history. The lake is stocked with bass, ranch has deer and wild boar for hunting, it has old growth timber, views of the Russian River Valley, and is protected by conservation easements. One of the most romantic ranches available in the Wine Country right now, this is an opportunity not to be missed! Seller will consider lease options and/or seller financing.

3561 Benmore Valley Rd, Lakeport
$299,000
2111691 MLS ⋅ ACTIVE Status
Get a jump start on your own canna licensed business with this 5.18 acre property located in the heart of Trinity! All CEQA requirements approved for this property, and the County License is IN HAND good through July 2024, State to be renewed. Property features 400 amp service, a 3 gpm well (per recent well test), lots of water storage, permitted septic, and four fully auto-dep greenhouses, all wired and set up, ready to go. Building permit for small home has been filed, just not built yet. Great sunshiney location with nearly end of the road privacy. This package has all of the key points covered at an incredible price - come check it out!

2341 Mcalexander Rd, Hayfork
$150,000
3 Beds ⋅ 1 Baths ⋅ 2111688 MLS ⋅ ACTIVE Status
This Developed Farm sits on 2.27 Acres in the Trinity Pines Subdivision. The current owner has developed the property and says it is time to sell! The property offers a House that features 3 bedrooms and one bath. There is a processing building that also has one bathroom. Both of the buildings are permitted and under construction, so a final sign off by county will be required. The Farm is set up with 4 Greenhouses which are 2- 30' X 100', 1- 30'x60' & 1- 24' x 66. There was a license on the farm, it was a Tier II 10,000 sq.ft. Mixed Light. Both State and County Lic. but have now expired. The owner has also paid for and is completing the Cequa, the inspection was done. The well produces 7 GPM's per the completion report by well driller. Power is by generator but there is a great opportunity to set up solar! There are other structures such as a Nursery Shed and a Drying Shed approx. 800 sq.ft. This farm was in operation during 2020 but the owner has now retired. Upon sale the seller will provide all the paperwork and lic info he has on hand. This farm is being given away at this price!

451 Pipeline Rd, Hayfork
$720,000
3 Beds ⋅ 2 Baths ⋅ LC22186237 MLS ⋅ Active Status
Stretched across this nearly 20 acre property containing one hilltop three bedroom, two bathroom 2650sqft house on slab foundation with expansive views. Garage, shed, plenty of storage and active commercial cannabis farm. A double security gated property off paved roads, close to town; site for a vineyard, a large animal pasture, or orchard expansion. Numerous development and recreational opportunities are possible with the vast acreage of primarily flat land. The thriving commercial cannabis farm onsite is operating. One current county and state licensed commercial cannabis cultivation permit is on one parcel, and the adjacent 70+ acre parcel allows for an additional permit expansion for Greenhouse grow totaling 9600sqft of indoor grow. The parcel containing the three bedroom, two bathroom home with large office space, den and expansive kitchen to family room, open floor plan overlooking the active grow, cattle land and potential wine vineyard. Watch the sunrise from the porch, overlooking the vast expansive land with grow and mountain view in the distance. Currently has a 1-acre Canopy Outdoor License, and expansion License allowing 4 Greenhouses that are each 2300 square feet. Active, onsite water Well produces 20 gallons per minute. Far from remote, as these two parcels are situated just outside of town, on a paved road; this property does not lack nearby amenities, including the lake just a few miles away offering boating opportunities. Closest, larger airport is in Santa Rosa, just over an hour away; stop in world-renowned Wine Country Calistoga for lunch on the way! Buyers will find this is a one-of-a-kind destination ready to provide a quality investment. You will not find anything like this with captivating views, diverse outdoor recreation possibilities, a range of wildlife species, and a passive or active income opportunity. Mountain living is united with a surprising level of convenience. Exclusive opportunity to own a wonderfully secluded property; with a surprising level of convenience and large investment upside with going concern licensed cannabis farm business. Prefer to sell together, but open to selling separately. Potential for SELLER FINANCING!

15232 Spruce Grove Road, Lower Lake
$335,000
262546 MLS ⋅ SOLD Status
Private, South facing acreage just East of the Kings Range Conservation area between Honeydew and Briceland! The Mattole River runs through, just below the majority of the existing farm. Annual permits in hand for 10,000 SF of mixed light, and 8,000 SF of outdoor cultivation, 245,000 gallons of water storage between poly tanks, steel tanks and pond. Greenhouses, generators and all farm equipment included, this space is ready for some TLC from a new owner looking for a space to make their own! 'Listing Broker and agents DO NOT guarantee the information in this MLS Listing is accurate. It is the duty of any person, buyer or entity using this MLS listing to exercise due diligence to independently verify this information'

12019 Wilder Ridge Road, Honeydew
$310,000
262475 MLS ⋅ SOLD Status
Ranch style buildings nestled on a natural grassy knoll with commanding, panoramic views of the Redwood Creek watershed. +/-40 acre property including a large flat with agricultural, livestock, or horse potential. Multiple cabins and outbuildings ready for all of your ideas, bring your vision and tools to make your dreams a reality! Bonus County interim cannabis permit for 10,310 sq. ft. of outdoor cultivation space can be included in sale.

5 Saber Tooth Road, Blue Lake
$875,000
PI21262059 MLS ⋅ Active Status
180 Acre Horse and Cattle Ranch. Property is fenced with many springs and water troughs. Several level areas for buildings. Big Falls Waterfall close by. Tranquil meadows throughout the property. Land has many trees including majestic oaks. Good roads throughout the land for easy access including ATV and motorcycle trails First time on the market for this rare family ranch. Ideal for a hunting ranch, possibilities are endless. Check with county as to possible cannabis cultivation. Owner may carry with acceptable terms.

Upper Lopez Canyon Rd., Arroyo Grande
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.