4859 US-97 Hwy - Distribution FOR SALE


Redmond, OR 97756
$1,500,000 USD
203-561-8737
4859 US-97 Hwy, Redmond, OR for Sale
$1,500,000 USD
Distribution - FOR SALE
1/8
null | Request Cap Rate

4859 US-97 Hwy
Redmond, OR 97756


HIGHLIGHTS

  • All equipment included in the sale
  • Greenhouse features year-round environmental controls that allow for three to four harvests annually
  • Nexus steel building with transparent, dual polycarbonate roof for optimal sunlight exposure
  • OLCC (Oregon Liquor & Cannabis Commission) compliant security system
  • Automated systems for fertigation, aeration & nutrient delivery
  • Automated light deprivation system in all bays & Surna chilling systems in the flower bay

OVERVIEW

This state-of-the-art cannabis grow facility, with 24-hour, 365-day climate controls, allows professionals an optimal place to expand, relocate or start a cannabis operation. With the professional equipment included in the sale, the site can grow up to four harvests a year. The yield per harvest can range between 330-660 pounds, depending on grow methods. All bays feature automated light deprivation systems, and the flower bay has a Surna chilling system. The property is equipped with evaporative cooling in the flowering bay and HVAC/propane heaters and humidity control in both the 1,800± SF vegetation room and dry room. The property also includes a 1,800± SF manufactured home with a 600± SF living room addition that can provide on-site housing for operators or employees. All equipment is included in the sale, drastically reducing start-up costs for potential investors or owner/ operators. Because of the additional acreage on site, there is the potential to expand the current greenhouse footprint by adding on a third 3000± SF bay and constructing a 1,800± SF processing facility. Hilco Real Estate in cooperation with Zach Francis, Kidder Matthews, OR Broker Lic. #200808026.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$321 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

State-of-the-Art Cannabis Grow Facility

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

15

LAND SF

653,400

ZONING

EFU - TE

APN/PARCEL ID

128403

ASK ABOUT THIS PROPERTY

Jonathan CuticelliHilco Real EstateMore Info
203-561-8737

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Jonathan CuticelliHilco Real EstateMore Info
203-561-8737

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.