
Reno, Nevada
Type: WH Cultivation | License Available
Size: 10,350 sqft. | .57 acres
- Full description below -
Reno, Nevada
🏭 INDUSTRIAL PROPERTY WITH CULTIVATION POTENTIAL 🌿
Explore a unique investment opportunity with this industrial building that is currently being used as a marijuana cultivation facility. With the tenant planning to vacate upon the close of escrow (COE), this property presents the perfect chance to tap into the potential of the burgeoning cannabis industry. Located near the MLK Jr. Memorial Highway US 395, this property offers strategic access to industrial, commercial, and residential areas.
🏭 PROPERTY HIGHLIGHTS 🏭
- Price: $2,500,000
- Price Per SF: $242
- Sale Type: Owner User
- Property Type: Industrial
- Property Subtype: Warehouse
- Building Class: C
- Lot Size: 0.57 AC
- Rentable Building Area: 10,350 SF
- No. Stories: 1
- Year Built: 1996
- Parking Ratio: 1.55/1,000 SF
- No. Drive In / Grade-Level Doors: 4
🌿 CULTIVATION OPPORTUNITY 🌿
The current tenant, using the property for marijuana cultivation, will vacate upon the close of escrow. This presents a unique opportunity for those interested in entering the cannabis industry. The property's infrastructure and location could be advantageous for a cultivation operation.
🏭 STRATEGIC LOCATION 🏭
Situated just minutes from the MLK Jr. Memorial Highway US 395, this property offers convenient access to major transportation routes. Its proximity to industrial, commercial, and residential areas opens up a range of possibilities for future use.
🌿 ADDITIONAL LAND PARCEL 🌿
The property includes an adjacent vacant land parcel of approximately 0.575 acres. This additional land provides potential for expansion or future development, adding to the property's overall versatility.
🏭 PROPERTY FEATURES 🏭
- Industrial building with potential for multiple uses
- One grade-level 12’ roll-up door for easy access
- Fenced lot for security and privacy
🏭 YOUR NEXT INVESTMENT 🏭
Whether you're interested in exploring the cannabis industry or seeking an industrial property with potential for various uses, this property offers an intriguing investment opportunity. Take advantage of its strategic location, versatile features, and additional land parcel. Act now to secure your foothold in this dynamic market! 🌿🏭📈
Market Intelligence Property
This opportunity is included as part of GreenZones' ongoing coverage of cannabis commercial real estate activity in this market.
View the complete market overview, licensing data and additional opportunities:
Nevada Market Intelligence → https://www.greenzones.us/nevada
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