Primary Category:Other Agriculture Businesses for Sale
$90,000 DOWN GETS YOU IN THE DOOR!
This is your chance to start your own cannabis venture! The property is one acre, located in Area 420 which is exclusively zoned for commercial cannabis cultivation and operations. It is situated in the city of Moffat, CO within San Luis Valley. This location is a highly suitable and desirable environment for cannabis cultivation. The property is fully enclosed by a 6 foot chain-link fence and has 2 feet of barbed wire around the top. Per the MED requirements, this is the ONLY parcel currently for sale in all of Area 420 that has the water tap in! There are also three phase power lines at the ready for the property.
The asking price of $240,000 is $10,000 less than the asking price for the other remaining lots of Phase 1 in Area 420 and those lots do not have the fence, water tap, and power at the ready like this lot does!
There are no pending litigation or license issues with the property. There are no structures on the property and no leases in place to encumber the operations of the purchaser. Although there is currently no active license to be sold with this property, the property is unencumbered by any other licenses and is clear for the buyer to put their own license in place. The buyer will have to apply with the Town of Moffat for a business license and the State of Colorado for a cultivation, R & D, medical, and/or extraction license. If the suitability requirements are met, the licenses are likely to be issued.
Moffat, CO has locked in a 2% excise tax which is far lower than the rest of the state. Truly a one of a kind opportunity!
Financial Information
$240,000
Asking Price
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Cash Flow
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Gross Revenue
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Down Payment
Business Location
City:
Moffat
State:Colorado
Detailed information
Year Established:
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
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Inventory Included: No
Inventory Value:
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Monthly Rent:
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Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
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FF&E Included?: No
Facilities
Real Estate for Sale, no building:
- Lot Size: 1 Acre Lot, Located in Area 420
- Enclosed by a 6 foot chain-link fence
- 2 feet of barbed wire around the top of the fence
- Only parcel in Area 420 currently for sale that has a water tap
- 3 Phase power lines ready at the property
- No pending litigation or license issues with the property