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State-of-the-Art Cannabis Grow Facility 4859 US-97 Hwy

4,680 SF Industrial Building Redmond, OR 97756 $1,750,000 ($374/SF)

Investment Highlights

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

Executive Summary

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.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,750,000
Price Per SF $374
Sale Type Owner User
Property Type Industrial
Property Subtype Distribution
Lot Size 15.00 AC
Rentable Building Area 4,680 SF
No. Stories 1
Year Built 2017
Tenancy Single

zoning

Zoning Code EFU - TE ((Exclusive Farm Use - Terrebonne Subzone))
EFU - TE ((Exclusive Farm Use - Terrebonne Subzone))
  • Listing ID: 33524032

  • Date on Market: 10/15/2024

  • Last Updated:

  • Address: 4859 US-97 Hwy, Redmond, OR 97756

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