23820 Potter Road, Salinas, CA 93908

$8,950,000
5
BD
4
BA
4,000
SqFt

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List Price
$8,950,000
Status
ACTIVE
MLS#
NS-26114496
Year Built
1985
Bedrooms
5
Bathrooms
4
Living Sq. Ft
4,000
Lot Size
22
Lot Location
Agricultural, Garden, Greenbelt, Level with Street
Days on Market
64
Property Type
Single Family Residential
Stories
2

Property Description

Riverview Farms is a 22.3-acre, two-parcel cannabis cultivation property in Monterey County's agricultural corridor. The facility comprises over 483,000 square feet of greenhouse, approximately 15,700 square feet of processing and distribution infrastructure, and 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 a fully integrated closed-loop system. Genetics are developed, propagated, cultivated, harvested, dried, trimmed, and packaged entirely on site. Soil-based cultivation using steamed and recycled substrate substrate, automated fertigation and climate control, and five harvest rotations per year produce a continuous supply of finished flower currently sold out at market. Both parcels are equipped with 1,000+ amp electrical service, 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 on through a transition, with in-house sales maintaining a consistent wholesale pipeline. Riverview Farms is one of the last surviving greenhouse cannabis operations of its scale in Monterey County. Turn-key facility, active licenses, proven infrastructure, and a team that knows how to operate successfully.

Additional Information

Land Lease Type
Fee
Lot Description
Agricultural, Garden, Greenbelt, Level with Street
Fireplace Description
None
View
Hills
Garage Spaces Total
2

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Calculator source: Real Geeks

Listing courtesy of Warmstone Advisors.