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    22875 Fuji Ln Salinas, CA 93908

    Sponsored
    For Sale
    $9,800,000

    Prime CA Cannabis Operation, $9.8M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10-acre Salinas property presents a turnkey cannabis cultivation opportunity. The facility, located at 22875 Fuji Ln, Salinas, CA 93908 (APN 137-141-011-000), boasts three buildings totaling over 223,000 square feet, including over 208,000 square feet of greenhouse space and an additional 15,000 square feet dedicated to processing. A two-story design maximizes space and functionality. The property is zoned for agriculture and features a state-of-the-art infrastructure designed for optimal cannabis production. This includes a newly installed 8,000-amp power supply, strategically divided among the greenhouses, and a high-yield well with advanced filtration and 60,000-gallon on-site water storage. The sophisticated climate control system within the greenhouses utilizes retractable light deprivation curtains, heating, high-pressure sodium lighting, water wall cooling, and fertigation. A dedicated propagation room with overhead misters enhances nursery operations. The facility is currently operational, possessing all necessary local permits and state licenses, minimizing regulatory hurdles for immediate operation. Seller financing is available. This represents a significant opportunity for established or aspiring cannabis operators seeking a high-yield, cost-effective cultivation environment in a prime location. The property's robust infrastructure and existing operational status offer immediate revenue generation potential.

    Property Features for 22875 Fuji Ln

    General Information

    Property type
    Distribution properties
    Lot Size
    435,600 SF

    Building Details

    Year Renovated
    2018
    Buildings
    3
    Stories
    2

    HighLights

    • Turnkey 223,000+ SF cannabis cultivation facility on 10 acres in Salinas, CA.
    • Three buildings include over 208,000 SF of greenhouse space and 15,000 SF of processing space.
    • Features a new 8,000‑amp power supply, high‑yield well with 60,000‑gallon water storage, and sophisticated climate control systems.
    • Currently operational with all necessary permits and licenses; seller financing available.
    • Zoned for agriculture.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Wholesale Shop Department Store Food Market Bar & Pub Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salinas
    County
    Monterey
    State
    California
    Longitude
    -121.5666108872
    Latitude
    36.637133731721

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    FAQs

    What type of property is this?
    Distribution property - Prime CA Cannabis Operation, $9.8M
    Where is this distribution property located?
    The property is located at 22875 Fuji Ln Salinas, CA.
    What is the asking price?
    The asking price for this property is $9,800,000.
    What are key features of this property?
    This property features: Turnkey 223,000+ SF cannabis cultivation facility on 10 acres in Salinas, CA.; Three buildings include over 208,000 SF of greenhouse space and 15,000 SF of processing space.; Features a new 8,000-amp power supply, high-yield well with 60,000-gallon water storage, and sophisticated climate control systems.
    Request Owner's contact information
    22875 Fuji Ln Salinas, CA 93908
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    Salinas, CA 93908
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22875 Fuji Ln Salinas, CA 93908
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