Current Use by Public Records
- Land
Property Details for 0 Pre-Operational New Jersey Cultivation
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a pre-operational Class 1 cannabis cultivation license in Bordentown, New Jersey, priced at $350,000. The license boasts state approval for a facility ranging from 10,001 to 25,000 square feet, with annual renewal in April. This license permits the sale and transportation of cultivated product to manufacturers, wholesalers, and retailers. A local resolution in Bordentown has already been secured, streamlining the operational setup. While the seller's previously secured real estate is available, the buyer will need to negotiate new lease terms with the property owner. This is a Tier 2 license, not a Social Equity license. The seller is highly motivated, making this a compelling opportunity for a cannabis entrepreneur. The property is classified as industrial land with agricultural and manufacturing subtypes, located in Bordentown, NJ (zip code 08505). This is a turnkey opportunity to enter the New Jersey cannabis market, pending successful lease negotiations for suitable property within the approved square footage range. The license's established approvals significantly reduce the time and effort required to launch a cultivation operation. Serious inquiries are encouraged.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mansfield
- County
- NJ
- State
- New Jersey
- Longitude
- -74.7396
- Latitude
- 40.1187
