CannaMLS ID: 28487
Created | Updated
Price
$ 21,000,000
Seller financing available
Licensed cannabis cultivation and nursery for sale in Mojave, CA. Turnkey, 79,000 sq ft, $4.65M profit, off-grid power & expansion potential.
Address: 21001 Maverick St, Mojave, CA 93501
Property is: For Sale
Property type: Agriculture, Industrial
Purchase price: $ 21,000,000
Zoning: O/RA
Lot size (acres): 3
Building size (sq ft): 79,000
Ceiling height (ft): 20
Power: Turbine with back up generators & So Cal Edison also back up
Turnkey, Cash-Flowing Cannabis Cultivation & Expansion Platform
Jerusalem Farm LLC presents an exceptional opportunity to acquire a fully licensed, highly profitable 79,000 sq. ft. cannabis cultivation and nursery platform in Mojave, CA. Situated on a 99-year transferable lease, this turnkey facility generates $4,654,000 in current annual profit (offered at a disciplined 4.5x EBITDA multiple).
Key Financial Highlights:
• Asking Price: $21,000,000
• Current Annual Profit: $4,654,000
• Valuation Multiple: 4.5x EBITDA
• Projected Fully Expanded Profit: $12,474,000+ / year
• Seller Financing Available: 40% Down (~$8.4M), 10% Interest-Only, up to 15-Year Term
Facility & Operational Overview:
79,000 Improved Sq. Ft. Across 9 Buildings + 2 Concrete Ready Slabs:
o Buildings 1 & 2 (20,000 sq. ft.): Fully operational indoor cultivation with 4 flowering rooms (189 lights/room) producing 400–500 lbs per 9-week harvest cycle.
o Building 3 (10,000 sq. ft.): Standalone wholesale nursery generating $1.25M in independent annual profit.
o Building 4 (3,000 sq. ft.): Dedicated drying and post-harvest trimming facility.
o Expansion Infrastructure: 5 vacant buildings (ready for build-out), 1 partially completed grow facility, 2 utility-ready concrete slabs, and ~$1M in on-site construction materials included.
• Dedicated Off-Grid Turbine Power: Primary operations run on dedicated turbine power with Edison utility backup, substantially reducing electricity costs and COGS.
• Zero Entitlement Risk: Includes fully transferable local and state cultivation permits.
Growth Potential: With expansion infrastructure already underground and structural slabs in place, an incoming operator can scale production capacity to $12.47M+ in annual profit without the cost or delay of developing raw land.
Qualified Inquiries: Full Due Diligence Package, financial records, and site visits available upon execution of a Non-Disclosure Agreement (NDA).
Contact: David Limon, Broker HIPACK Inc. Commercial & Advisory Group Direct: 951-445-0691 | Email: DLimon@HIPACKinc.com
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Address: 21001 Maverick St, Mojave, CA 93501
Property is: For Sale
Property type: Agriculture, Industrial
Purchase price: $ 21,000,000
Zoning: O/RA
Lot size (acres): 3
Building size (sq ft): 79,000
Ceiling height (ft): 20
Power: Turbine with back up generators & So Cal Edison also back up
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