16556 Beaver Rd - Specialty FOR SALE


Adelanto, CA 92301
$2,450,000 USD
213-722-9577
16556 Beaver Rd, Adelanto, CA for Sale
$2,450,000 USD
Specialty - FOR SALE
1/10
null | Request Cap Rate

16556 Beaver Rd
Adelanto, CA 92301


HIGHLIGHTS

  • 27,346 SF improved cannabis greenhouse facility on 1.01 acres
  • 21,312 SF greenhouse across three flowering rooms
  • Existing cultivation buildout with infrastructure in place
  • 39 flowering benches totaling approx. 17,550 SF of active canopy
  • Fully sprinklered; prior occupancy approval granted
  • Significant basis reset relative to prior valuation

OVERVIEW

Distressed sale of an improved cannabis greenhouse property offered on an as-is, where-is basis following foreclosure. The asset features an existing greenhouse and head house buildout with substantial infrastructure in place and is being offered at a significant discount to prior valuation and replacement cost. Property is delivered vacant. No license conveyed; seller will cooperate with buyer’s new license application. Outstanding property taxes exist and will be addressed in connection with closing. Well suited for owner-operators or investors seeking a value-oriented cultivation real estate opportunity.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Post-Foreclosure Greenhouse for Sale

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

M-1 Limited Manufacturing

APN/PARCEL ID

3129-251-38

ASK ABOUT THIS PROPERTY

Ben HouraniPac Garden AssetsMore Info
213-722-9577

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Ben HouraniPac Garden AssetsMore Info
213-722-9577

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.