23820 Potter Rd, Salinas, CA 93908

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

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List Price
$8,950,000
Status
ACTIVE
MLS#
82049541
Property Type
Single Family Residence
Bedrooms
5
Bathrooms
4
Living Area
5,591
Lot Size
500,000
Region
Undeveloped area
County
Monterey
Acres
11.48
Year Built
1985
Parking Spaces
12

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

Foundation
Concrete Perimeter, Slab
Living Area
5,591
Lot Size
500,000
Region
Undeveloped area
Roof
Metal, Tile/Clay, Other
Style
Ranch
Utilities
Public Utilities
Zoning
Residential / Ag

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Listing courtesy of KW Thrive Santa Cruz.

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