106 Acres Cannabis Ranch on the Central Coast of California

CannaMLS ID: 7628
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Price: $2,550,000


Listing Details


Listing Category
Cultivation
Manufacturing
Distribution

License Status
Conditional use permit granted
License application submitted
Municipal / local license granted
State / annual license granted

Medical
YES

Adult Use
YES

Price: $2,550,000

Listing Status: For Sale

Property: This 106+ acre AG zoned ranch can be fully self-contained as it has solar in place, it's own producing well and septic (but also has full power connected by PG&E). Well last tested at 10 gpm with great recovery and depth (well pump is independently solar powered). Pristine California ranch land for cattle, horses, farming or just a good size property to get away from the city. Home and Barn: The property has a nearly 1500sf home and over 2000sf barn built with the environment in mind using hay bail construction which makes both structures not only conforming to the landscape but functional to the temperate weather. The home has 1 bed and 1/2 bath upstairs and 1 bed and full bath downstairs. The open concept kitchen and living area boasts upgraded appliances, custom concrete countertops and flooring and wood accents and stairs made from reclaimed wood from Cal Poly gymnasium bleachers. This is an amazing, tranquil and beautifully placed property in the highlands of SLO county. Business: The property and associated cannabis business (included) has been approved by the state and county for a 10000sf mixed-light grow and includes the buildings for that purpose which need to be built and county permitted. The county has also approved the property for another 12000sf of mixed light and 3 acres of outdoor cultivation, plus nursery, processing, manufacturing and transportation of cannabis. The site plans include one acre of outdoor cultivation; 22,000 square feet of indoor cannabis cultivation within three new greenhouses of 10,080 square feet each; a 7,150-square-foot microbusiness building with 1750 square feet allocated to cannabis processing, 600 square feet allocated to a nursery, 600 square feet allocated to non-volatile cannabis manufacturing; and the remainder of the space to be used for an office, restrooms, storage of equipment and cannabis waste storage. The site plans also include installation of four 10,000 gallon water storage tanks for irrigation use and fire suppression and installation of a 100 square foot water pump house. The project would use an existing well for water supply. The plans for security and odor management are robust and included in the purchase. Location: The ranch is located approximately 40 minutes off the 5 Freeway and 90 minutes off Highway 101, in a remote but accessible location, ideal for cultivation and transport of cannabis. Property is fully fenced and easily accessed just off Hwy 58.


Listing Details

Listing Status
For Sale

Location
Santa Margarita, California 93453

Date Listed For Sale:
11/1/2022

Date Last Updated:
11/2/2022

Property Details

Buiding Size (sq ft)
10000 sq ft

Lot Size (acres)
106 acres

Equipment Included
YES

Room for Expansion
YES

Pricing Details

Listing Price
$2,550,000

Seller Financing Available?
NO

Property Purchase Price
$2,550,000

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