Grn Ave Colusa, CA 95932
- Life science properties
- 6.24 lot acres
Current Use by Public Records
- Life science properties
Property Details for 0 Grn Ave
- Lot size
- 6.24 lot acres
- Property type
- Life science properties
- Property subtype
- Land
Description
This exceptional investment opportunity presents four remaining parcels (Phase 3) of a large-scale cannabis development project in Colusa, CA. Located on Will S Green Ave, 95932, this project boasts a total of approximately 800,000 square feet of approved building space, with each parcel offering roughly 200,000 square feet. The property consists of industrial land totaling between 6.24 and 7.49 acres per parcel (APN: 017-020-026-000). The development agreement, approved for 40 years, includes a fixed annual fee of $250,000 per parcel, representing one of the lowest cannabis tax rates in California. This significantly reduces financial risk and maximizes profitability. The project benefits from a maximum power kilowatt rate of $0.20/kilowatt and automatically renewable regulatory permits. The development agreement is fully assignable, providing flexibility for future transactions. Phases 1 and 2 are underway, providing a significant advantage to a buyer completing Phase 3. The asking price is $7,600,000, with individual parcel pricing as follows: Parcel 1 & 4: $2,000,000 each
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Colusa
- County
- Colusa
- State
- California
- Longitude
- -122.023
- Latitude
- 39.1878
