23820 Potter Road, Salinas, CA 93908

$8,950,000
5
BD
4
BA
5,591
SqFt

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List Price
$8,950,000
Days on Market
58
Status
ACTIVE
MLS#
ML82049541
Bedrooms
5
Bathrooms
4
Living Area
5,591
Lot Size
500,000
Region
Not Defined (699)

Property Description

Riverview Farms is a 22.3-acre, two-parcel cannabis cultivation property in Monterey County's agricultural corridor. The facility comprises over 483,000 square feet of greenhouse, approximately 15,700 square feet of processing and distribution infrastructure, and two single-family residences, totaling 504,000 square feet of building coverage. Each parcel is independently served by its own agricultural well, water storage, processing center, and residence. The operation is a fully integrated closed-loop system. Genetics are developed, propagated, cultivated, harvested, dried, trimmed, and packaged entirely on site. Soil-based cultivation using steamed and recycled substrate substrate, automated fertigation and climate control, and five harvest rotations per year produce a continuous supply of finished flower currently sold out at market. Both parcels are equipped with 1,000+ amp electrical service, natural gas distribution to all greenhouses, fire suppression infrastructure, underground conduit for supplemental lighting, and 24-hour security with perimeter fencing and camera coverage. The facility carries 39 active cannabis licenses across both parcels. An experienced operations team is in place and prepared to stay on through a transition.

Additional Information

Cooling Description
None
Zoning
Residential / Ag
Water
Well
Living Area
5,591
Acres
11.48
Lot Size
500,000
Year Built
1985
Square Footage
5591

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Charles Allen (chuckallenpginc@gmail.com) from Listing Office: KW Thrive Santa Cruz.

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.