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16556 Beaver Rd - Post-Foreclosure Greenhouse for Sale 27,456 SF Specialty Building Offered at $2,450,000 in Adelanto, CA 92301
INVESTMENT HIGHLIGHTS
- 27,346 SF improved cannabis greenhouse facility on 1.01 acres
- Existing cultivation buildout with infrastructure in place
- Fully sprinklered; prior occupancy approval granted
- 21,312 SF greenhouse across three flowering rooms
- 39 flowering benches totaling approx. 17,550 SF of active canopy
- Significant basis reset relative to prior valuation
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $2,450,000 | Lot Size | 1.20 AC |
| Price Per SF | $89.23 | Building Size | 27,456 SF |
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Distress Sale | Year Built/Renovated | 2021/2024 |
| Property Type | Specialty | Parking Ratio | 1.06/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | M-1 Limited Manufacturing - M-1 Limited Manufacturing zoning in Adelanto; cultivation permitted subject to municipal regulations. | ||
| Price | $2,450,000 |
| Price Per SF | $89.23 |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 1.20 AC |
| Building Size | 27,456 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2021/2024 |
| Parking Ratio | 1.06/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | M-1 Limited Manufacturing - M-1 Limited Manufacturing zoning in Adelanto; cultivation permitted subject to municipal regulations. |
AMENITIES
- Controlled Access
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 3129-251-38 | Improvements Assessment | $3,728,100 |
| Land Assessment | $1,320,900 | Total Assessment | $5,049,000 |
PROPERTY TAXES
Parcel Number
3129-251-38
Land Assessment
$1,320,900
Improvements Assessment
$3,728,100
Total Assessment
$5,049,000
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16556 Beaver Rd - Post-Foreclosure Greenhouse for Sale
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