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5360 Foothill Rd 38,000 SF 100% Leased Flex Building Carpinteria, CA 93013 $20,938,801 CAD ($551.02 CAD/SF)



INVESTMENT HIGHLIGHTS
- 39.5 Acres
- Motivated Seller must Sell
- Flex space Cannabis or Flowers
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $20,938,801 CAD | Building Class | C |
| Price Per SF | $551.02 CAD | Lot Size | 9.78 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 38,000 SF |
| Sale Condition | Business Value Included | No. Stories | 4 |
| Property Type | Flex | Year Built | 2021 |
| Zoning | AGI10 - Agriculture | ||
| Price | $20,938,801 CAD |
| Price Per SF | $551.02 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 9.78 AC |
| Rentable Building Area | 38,000 SF |
| No. Stories | 4 |
| Year Built | 2021 |
| Zoning | AGI10 - Agriculture |
ABOUT 5360 FOOTHILL RD , CARPINTERIA, CA 93013
39-Acre Multi-Use Income Ranch – Prime Carpinteria Location, Minutes to Santa Barbara & the Ocean A rare opportunity on one of the largest parcels in the area—39 flat, fully usable acres in the coveted Carpinteria foothills, just 20 minutes from Santa Barbara and only minutes to the Pacific Ocean. The property includes a small on-site residence currently rented for additional income, along with multiple other revenue streams: over 13 acres of mature GEM avocados, a 38,000-sq-ft industrial-grade warehouse, and multiple established greenhouses housing a fully operational, licensed cannabis business that is active and income-producing. All this is set against the backdrop of sweeping mountain views and the serene coastal lifestyle Before the current cannabis operation; the property was a thriving flower and herb nursery with a complete hydroponic system already in place. If cannabis isn’t your cup of tea, the infrastructure allows for an easy return to a high-income flower or specialty-herb enterprise—or any number of other high-value crops. Adding to its long-term value, the ranch is supported by multiple high-capacity wells, ensuring abundant water for irrigation and expansion. This flexible setup means you can collect steady rent as a landlord from the existing operators or step in and run your own agricultural venture—whether cannabis, flowers, herbs, or a different crop entirely • Prime Carpinteria location—20 minutes to Santa Barbara, minutes to the ocean • Breathtaking mountain views throughout the property • 39 acres • 13+ acres of mature, income-producing GEM avocados • 38,000-sq-ft warehouse with multiple active cannabis licenses • Multiple established greenhouses with full hydroponic systems • Multiple on-site wells providing abundant water for irrigation • Small residence on property currently generating rental income • Option to maintain the cannabis business, lease to operators, or easily revert to a lucrative flower and herb nursery • Ideal for continued farming, equestrian facilities, or large-scale development • Motivated owner—bring all offers This is a turnkey agricultural enterprise with a proven history of profitable cultivation—and the water, infrastructure, and location to pivot seamlessly to whatever vision you bring.
PROPERTY TAXES
| Parcel Number | 001-020-006 | Improvements Assessment | $2,791,090 CAD |
| Land Assessment | $747,333 CAD | Total Assessment | $3,538,423 CAD |
PROPERTY TAXES
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5360 Foothill Rd
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