3430 Gaddy Lane, Kelseyville - $6,000,000

20 acres | MLS #: LC21036436

This 20 acre farm has an approved Use Permit for 41,060 sq ft of greenhouse area for mixed light cannabis cultivation. The greenhouse is equipped with 480 grow lights to accommodate the mature canopy of 17,850 sq ft and immature canopy of 3,885 sq ft. All engineering and architectural plans have been completed, the building pad has been finished, all that is left to do is pay County fees before construction begins. Seller is a highly respected cannabis consultant and has become too busy to devote the time necessary to complete this project. Lake County has become a very sought-after location for cannabis cultivation, and this popularity, along with Covid-19 complications, has greatly slowed down the Use Permit process here. Starting with an unpermitted property will take at least 2 years to get to a hearing, not to mention the time and cost to prepare the application, so how much is a 2+ year head start worth? Two lane paved County road right to it, 3 phase power with a 2,000-amp power drop available, ag well pumping at 350 GPM, completely flat, this is an ideal location for this type of business. Seller financing available with substantial down payment.

This 20 acre farm has an approved Use Permit for 41,060 sq ft of greenhouse area for mixed light cannabis cultivation. The greenhouse is equipped with 480 grow lights to accommodate the mature canopy of 17,850 sq ft and immature canopy of 3,885 sq ft. All engineering and architectural plans have been completed, the building pad has been finished, all that is left to do is pay County fees before construction begins. Seller is a highly respected cannabis consultant and has become too busy to devote the time necessary to complete this project. Lake County has become a very sought-after location for cannabis cultivation, and this popularity, along with Covid-19 complications, has greatly slowed down the Use Permit process here. Starting with an unpermitted property will take at least 2 years to get to a hearing, not to mention the time and cost to prepare the application, so how much is a 2+ year head start worth? Two lane paved County road right to it, 3 phase power with a 2,000-amp power drop available, ag well pumping at 350 GPM, completely flat, this is an ideal location for this type of business. Seller financing available with substantial down payment.


Property Features

Roads & Topography:
Agricultural, Agricultural - Other, Agricultural - Vine/Vineyard, Level, Ranch, Sprinklers Drip System
Roads:
n/a
View:
Mountain(s), Trees/Woods, Vineyard
Water/utilities:
n/a
Sewer:
n/a
Waterfront:
n/a
Contact:
Bobby Dutcher - Wine Country Land and Ranches DRE #: 01370651