Grow Opportunity with Multiple Streams of Income

USD $5,950,000
Stillwater, Oklahoma, United States
Investment Opportunity

Property Details

ICE-20654
Medicinal/Lab
Cash, Financing
Yes
Private
80
Currently Licensed
City Water
0-5 Years
110/120V
100A
Yes
Yes
0-$50,000

Listed By

Dale Roden
Array

Property Description

This property is well diversified. It provides a  total of 80 acres that contains a licensed medical marijuana grow plus 31 income producing residential units and a primary residence for the owner or onsite manager. This provides the perfect opportunity to live and house employees next to your grow. 

Grow Details

20 acres unincorporated, 3 greenhouses 30×150 ft, 1 metal building 30×50 insulated, 1 40×60 metal building insulated with central heat and air and bathroom, 10×16 clone room. This property has a current commercial growers license. rural water, 3 phase electric, propane. Approximately 12 acres of 20 unimproved and perfect for greenhouse expansion. 

The greenhouses are double layer plastic with inflation fans. Each greenhouse has thermostat controlled exhaust fans and louvers, two 300,000 btu propane heaters. One 1,000 gallon propane tank, 14 1000w de gavita grow lights with master EL2 controllers, framework in place for light dep, three 250 gallon mix tanks with pumps, 14 circulation fans. The greenhouses and the 30×50 metal buildings have security cameras and alarm system. There is an 8 foot chain link fence surrounding all 3 greenhouses. Two greenhouses have an evaporative cooling system.

*Medical marijuana license is attached to the 20 acres which contains the home, greenhouses, 2 metal buildings and the clone room.*

Owner/Manager Onsite Home

Built in 2018

SF 2445

4 bedroom 2.5 bath

2 car garage

Rental Property for Cash Flow and Employee Housing if Needed

Property Overview

60 +/- acres

4 miles south of Oklahoma State University Campus

31 Rental Units including:

16 Duplex Units (8 buildings)

15 Single Family Units (3 Bedroom/3 Bathroom)

Duplex Unit Details

8 Duplexes- 16 Units

2 Bedroom/2 Bath

Central Heat and Air

Kitchen Appliances Included

0.2-0.6 acre pastures

900 Sq ft

Single Unit Home Details

3 Bedroom/3 Bathroom

Central Heat and Air

1200 Sq ft.

Kitchen appliances included

2 to 2.5 acre private pastures

Private loafing shed and tack room

Unit Features

Central Heat and Air

Stained concrete floors throughout

Spacious floorplans

Kitchen appliances provided

Washer and Dryer provided

Private pasture just feet from the back door

Equine Amenities

Centaur horse safe fencing

Common Use 150 ft x 250 ft Outdoor arena

Common Use 60 ft. round pen

Parking area for trailers

Loafing shed and tack room in each pasture

 

*Pasture size for 2b/2b range in size from 80-100 ft. wide and 100-200 feet deep. Pasture size for 3b/3b are around 2 to 2 ½ acres

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