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$8,950,000

FOR SALEActive

23940 Potter

Salinas CA 93908

504,000

SF

Agriculture

Type

N/A

Built

$18/SF

Cost/SF

162 days on marketNalren refreshed

Listing Agent

Jamie Warm

Listing Agent

DRE #: 02192518

(805) 722-7095

Brokerage: Warmstone Advisors

Location Analysis

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About This Property

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.

Property Information

Property Overview

Commercial - Agriculture

Property Type

Active

Status

22.85 acres

Lot Size

504,000 SF

Square Footage

$17.76/SF

Price per SF

1

Stories

Property Highlights

N/A Property

Prime Location with High Visibility

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