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23820 Potter Rd - Riverview Farms 6,160 SF Specialty Building Offered at $12,391,543 CAD in Salinas, CA 93908



Investment Highlights
- Excellent Access to HWY 101
- Vertically Integrated from Nursery to Processing
- Turn Key Facility
Executive Summary
Riverview Farms is a 22.3-acre, two-parcel cannabis cultivation platform 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.
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 Facts
| Price | $12,391,543 CAD | Lot Size | 10.60 AC |
| Price Per SF | $2,065.26 CAD | Building Size | 6,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1985 |
| Property Subtype | Contractor Storage Yard | Parking Ratio | 3.33/1,000 SF |
| Building Class | C | ||
| Zoning | F/40 | ||
| Price | $12,391,543 CAD |
| Price Per SF | $2,065.26 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Contractor Storage Yard |
| Building Class | C |
| Lot Size | 10.60 AC |
| Building Size | 6,000 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Parking Ratio | 3.33/1,000 SF |
| Zoning | F/40 |
1 1
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 137-051-024-000 | Improvements Assessment | $708,448 CAD |
| Land Assessment | $763,461 CAD | Total Assessment | $1,471,909 CAD |
Property Taxes
Parcel Number
137-051-024-000
Land Assessment
$763,461 CAD
Improvements Assessment
$708,448 CAD
Total Assessment
$1,471,909 CAD
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23820 Potter Rd - Riverview Farms
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