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Property profile & analytics
OFF-MARKET
Land

0 Pre-Operational New Jersey Cultivation Mansfield, NJ 08505

10,001 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Total area 10,001 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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