OFFERED AT $2,700,000
Mendocino County Cannabis Property – County Permit in hand & Interim State Permit Approved!, Mendocino County
This 40 acre Cannabis property overlooks Mendocino Lake with gorgeous views. 1600 sq ft 2bd/2bth home with pool. Campsite for growers and trimmers during harvest time. Two trailers, one of which is a bathroom trailer with shower and two sinks. The permit for cultivation has been granted and interim state permit has been approved. State regulations will now allow for 1 acre of cultivation on this property.
There is a two story 10,000 sq ft building, used for drying/trimming with industrial kitchen. A detached garage is also on the property. Water is ample and the water board has signed off on the property with their approval. The watering system is automated, making this property easily operated by a one to two person crew.
One 2500 sq ft mixed light greenhouse being operated with a light dep tarp, although the lights are installed for mixed light and a 350 plant outdoor grow is currently in operation.
Currently with one greenhouse, the operator is doing 100lbs a harvest, with 4 harvests, so that’s $400,000 gross. With the outdoor operation, you can pull in one harvest currently. However, the permit is for mixed light. The mixed light permit will allow 3 more mixed light greenhouses to be placed on the property in the outdoor area. This will allow $1,600,000 in gross profits from 4 harvests. Operators vary in their harvest potentials and so this number can definitely be improved upon.
Call me for additional details.