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20180 Spence Rd 185,484 SF 100% Leased Retail Building Salinas, CA 93908 $5,340,543 CAD ($28.79 CAD/SF)
Investment Highlights
- Exceptional Agricultural / Industrial Property with High Power & Large-Scale Greenhouse Infrastructure
Executive Summary
Exceptional opportunity to acquire a fully improved agricultural/industrial property with significant power capacity and
large-scale greenhouse infrastructure. The site features a 6,500-amp electrical upgrade, making it highly suitable for
energy-intensive operations including cannabis cultivation, controlled-environment agriculture, manufacturing, or
specialty production. Improvements include four greenhouses totaling approximately 165,000 square feet, comprised
of three separate greenhouses of approximately 34,000 square feet each and one additional greenhouse of
approximately 63,000 square feet. The property also includes two warehouse buildings of approximately 1,441 sq ft
and 5,320 sq ft, providing flexible space for processing, storage, distribution, or operational support. Water is supplied
by a fully licensed private well, offering reliable on-site water access for agricultural or commercial use. With
substantial infrastructure already in place, this property is positioned for immediate operational readiness for cannabis
cultivation or a wide range of other agricultural, industrial, or commercial ventures.
large-scale greenhouse infrastructure. The site features a 6,500-amp electrical upgrade, making it highly suitable for
energy-intensive operations including cannabis cultivation, controlled-environment agriculture, manufacturing, or
specialty production. Improvements include four greenhouses totaling approximately 165,000 square feet, comprised
of three separate greenhouses of approximately 34,000 square feet each and one additional greenhouse of
approximately 63,000 square feet. The property also includes two warehouse buildings of approximately 1,441 sq ft
and 5,320 sq ft, providing flexible space for processing, storage, distribution, or operational support. Water is supplied
by a fully licensed private well, offering reliable on-site water access for agricultural or commercial use. With
substantial infrastructure already in place, this property is positioned for immediate operational readiness for cannabis
cultivation or a wide range of other agricultural, industrial, or commercial ventures.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
185,484 SF
Building Class
C
Year Built
1990
Price
$5,340,543 CAD
Price Per SF
$28.79 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.39
Lot Size
10.97 AC
Zoning
Greenhouse - Exceptional Agricultural / Industrial Property with High Power & Large-Scale Greenhouse Infrastructure
Rare opportunity to acquire a fully improved a
Property Taxes
| Parcel Number | 137-121-006-000 | Improvements Assessment | $1,168,129 CAD |
| Land Assessment | $7,068,697 CAD | Total Assessment | $8,236,826 CAD |
Property Taxes
Parcel Number
137-121-006-000
Land Assessment
$7,068,697 CAD
Improvements Assessment
$1,168,129 CAD
Total Assessment
$8,236,826 CAD
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20180 Spence Rd
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