22785 Fuji LnSalinas, CA 93908

Property Details for 22785 Fuji Ln

Lot size

9.41 AC

Property type

Retail properties

Property subtype

Other retail properties

APN

137-141-011-000

APU

137141011000

Description

This exceptional 10-acre Salinas property at 22785 Fuji Lane boasts a substantial 436,500 square foot greenhouse complex, perfectly suited for large-scale nursery or flower production, including cannabis cultivation. The facility includes over 208,000 square feet of greenhouse space and an additional 15,000 square feet dedicated to processing and transplanting. The property benefits from a robust infrastructure, including a newly installed 8,000-amp power supply, strategically divided among six greenhouses. Water resources are abundant, thanks to a newly drilled high-yield well with advanced filtration and a 60,000-gallon on-site storage tank. Environmental control is optimized through a Link 4 brain system, managing retractable light deprivation curtains, heating, high-pressure sodium lighting, water wall cooling, and fertigation. A dedicated propagation room with overhead misters further enhances efficiency. The property is fully operational, possessing all necessary local permits and state licenses, allowing for immediate commencement of operations. Seller financing is available, making this a truly turnkey opportunity for a discerning buyer.

• CAP approach

  CAP return

  Valuation

  6%

  $180,535,216

  6.5%

  $166,647,888

  7%

  $154,744,464

• Comparable approach

  Method

  Valuation

  Relative Method

  $288,251,328

  Geo Method

  $288,251,328

• Alternative Use

  Use

  Valuation

  Residential

  $140,573,728

  Hospitality

  $128,764,776

  Educational

  $107,130,784

  Medical

  $110,815,176

  Retail

  $166,647,888

Location Insight

City

Salinas

County

Monterey

State

California

Latitude

36.6333

Longitude

-121.57

CBSA code

41500

CBSA name

SALINAS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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