Turnkey Greenhouse Cannabis
For Sale
$8,950,000
23940 Potter, Salinas, CA 93908
Two independently served parcels totaling greenhouse and processing space, supported by substantial power, gas, water, and on-site closed-loop operations.
Property Size504,000 SF
Lot Size22.30 Acres
Price / SF$17.76
Days on Market111
Property Features for 23940 Potter
General Information
Standard status
Active
Size
504,000 SF
Lot size
22.30 Acres
Property subtype
Agriculture
Warehouse & Industrial
Heavy Power
Yes
Sprinkler System
Yes
Additional Details
Business Included
Yes
Fenced Yard
Yes
Water Rights
Yes
Building Details
Building Size
504,000 SF
Listing Agency:
Warmstone Advisors 805-722-7095 Overview Additional information MLS R ID NS26116095 Interior features Exterior features Lot Size 22.85 Acres Vanguard Properties Request a tour Contact agent Request a tour Contact agent Listed by Jamie Warm CA DRE# 02192518 with Warmstone Advisors 805-722-7095
Listed By:
Jamie Warm CA DRE# 02192518 · License #02378475
(858) 792-6085
Source:
Vanguardproperties
Added: May 28
Changed: Sep 8
Last Checked: Sep 14 at 10:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Warmstone Advisors 805-722-7095 Overview Additional information MLS R ID NS26116095 Interior features Exterior features Lot Size 22.85 Acres Vanguard Properties Request a tour Contact agent Request a tour Contact agent Listed by Jamie Warm CA DRE# 02192518 with Warmstone Advisors 805-722-7095
Investment Insights
Based on property information with market context.
Riverview Farms is a two-parcel, 22.3-acre cannabis cultivation property in Monterey County’s agricultural corridor. The facility includes over 483,000 square feet of greenhouse space and approximately 15,700 square feet of processing and distribution infrastructure, along with 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 described as a fully integrated closed-loop system, with genetics development, propagation, cultivation, harvesting, drying, trimming, and packaging performed on site. The property is equipped with 1,000+ amp electrical service per parcel, 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 through a transition, with in-house sales maintaining a wholesale pipeline.
Each parcel is independently served by its own agricultural well, water storage, processing center, and residence. The operation is described as a fully integrated closed-loop system, with genetics development, propagation, cultivation, harvesting, drying, trimming, and packaging performed on site. The property is equipped with 1,000+ amp electrical service per parcel, 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 through a transition, with in-house sales maintaining a wholesale pipeline.
Key Highlights
- 22.3‑acre, two‑parcel cannabis cultivation property in Monterey County’s agricultural corridor
- Over 483,000 SF of greenhouse plus ~15,700 SF processing and distribution infrastructure, with two residences
- Each parcel has independent agricultural well, water storage, processing center, and residence
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Heavy power
Yes
Sprinkler system
Yes
Fenced yard
Yes
Water rights
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 93908, CA
13,188
Population
4,543
Households
2.9
Avg Household Size
47
Median Age
56%
College-Educated
91%
High-School Grad
240.9 sq mi
ZIP Area
55
Density / Sq Mi
$164,554
Median Household Income
$76,905
Median Earnings
$1,650
Median Rent
$1,071,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Cannabis property - Two independently served parcels totaling greenhouse and processing space, supported by substantial power, gas, water, and on-site closed-loop operations.
Where is this cannabis property located?
The property is located at 23940 Potter Salinas, CA.
What is the asking price?
The asking price for this property is $8,950,000.
What are key features of this property?
This property features: 22.3‑acre, two‑parcel cannabis cultivation property in Monterey County’s agricultural corridor; Over 483,000 SF of greenhouse plus ~15,700 SF processing and distribution infrastructure, with two residences; Each parcel has independent agricultural well, water storage, processing center, and residence
