$3,050,000
$7,500,000
59.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/23/2023
Key Details
Sold Price $3,050,000
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22-3641
Sold Date 05/23/23
Property Sub-Type Commercial
Source Santa Barbara Multiple Listing Service
Property Description
SBC farms is 320 acres of pristine ag land in the heart of Cuyama with loamy soils and great drainage. There is a total of 160 acres of cannabis cultivation entitled on the land use permit. The sites have an extraordinary water supply with 3 wells producing approximately 2,750 gallons per minute and incredible sun exposure. Cuyama is perfect for long growing seasons due to less moisture compared to the coastal regions along the 101 in SB county. The results are reduced botrytis and powdery mildew with a longer growing season to ripen the crop. This site is one of the largest cannabis holdings in California, and is perfect for the cultivator that wants to be a fixture in the California cannabis supply chain for years to come.
Location
State CA
County Santa Barbara
Building
Lot Description Level
Others
Tax ID 149-160-022
Acceptable Financing Cash, OMC 1st, Lease Option, 1031 Exchange
Listing Terms Cash, OMC 1st, Lease Option, 1031 Exchange
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
