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
Days on Market
69
MLS#
NS26114496
Subtype
Residential
Year Built
1985
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
4,000
Lot Size
995,346
Acres
22.85

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

Interior Features
Attic, Bedroom on Main Level, Main Level Primary
Stories
Two Levels
Levels
Two
Pool Type
None
Garage Spaces
2
School District
Other
View
Hills

Listing courtesy of Listing Agent: Jamie Warm (jamie@WarmstoneAdvisors.com) from Listing Office: Warmstone Advisors.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.