Advanced Cannabis Cultivation Facility Now Available
Hilco Real Estate Sales is excited to announce the availability of a state-of-the-art cannabis cultivation facility located at 4859 N. Highway 97. This cutting-edge site presents a rare opportunity for investors looking to enter the thriving cannabis market.
Facility Features and Specifications
The automated, climate-controlled facility offers 24/7 access, designed specifically for professionals seeking to expand or establish their cannabis operations. Key features include OLCC-compliant security systems, advanced fertigation setups, aeration, and robust nutrient delivery systems. Such high-tech infrastructure ensures that productivity is significantly maximized, allowing for up to four harvests annually, with yields ranging from 330 to 660 pounds depending on the cultivation methods utilized.
Comprehensive Equipment and Amenities
Equipped with automated light deprivation systems across all bays, the facility also includes evaporative cooling systems, a Surna chilling system in the flower bay, as well as HVAC/propane heating and humidity control in both the vegetation and dry rooms. A comfortable 1,800± SF manufactured home with an additional 600± SF living room serves as suitable accommodations for operators or employees. This ensures that essential equipment is included in the sale, which reduces startup costs for new investors or owner-operators.
Expansion Potential and Market Opportunities
Offering ample space for future growth, the property has the potential for expansion; there is enough land to add a third 3,000± SF bay and construct a separate processing facility of 1,800± SF. This combination of features creates an unmatched opportunity to capitalize on the burgeoning cannabis market that continues to grow rapidly.
The Deschutes County Advantage
Deschutes County has firmly established itself as a desirable hub for agricultural growth and outdoor industries, driven by a favorable climate, affordable land options, and a robust community infrastructure. The facility’s central location allows easy accessibility to major cities, promoting tourism and boosting the local economy through numerous outdoor activities. As the cannabis cultivation sector expands, it becomes an integral component of the county's diverse economic landscape.
A Promising Future in Cannabis Cultivation
With the state’s progressive regulations, Deschutes County’s cannabis industry has seen significant growth. Several successful cultivators have already made their mark, supported by a solid local supply chain and favorable zoning laws. The properties in this area zoned for cannabis cultivation present considerable opportunities for businesses looking to relocate or expand their operations.
“This facility offers an unmatched opportunity for growers to step into a ready-to-go operation,” Jonathan Cuticelli, Vice President at Hilco Real Estate Sales, remarks. “With high-tech infrastructure in place, investors can hit the ground running and maximize their productivity immediately.”
Echoing this sentiment, Dan Miggins, another Vice President at Hilco Real Estate Sales, adds, “With sufficient acreage for expansion, this property offers significant flexibility for future growth and development. It’s a rare opportunity to acquire a facility of this scale and quality, especially in a market that is optimized for cannabis cultivation.”
Bids for the facility must be submitted before the established deadline of November 20 at 5 p.m. (PT). Interested buyers are encouraged to review the participation requirements available on Hilco Real Estate Sales' website. For more information, please contact Jonathan Cuticelli or Daniel Miggins directly via phone.
About Hilco Real Estate Sales
Hilco Real Estate Sales (HRE), a part of Hilco Global, specializes in helping clients optimize their real estate assets and enhance cash flow through strategic planning and execution. With over 20 years of experience, the team has successfully facilitated billions in transactions, assisting with comprehensive strategies for various complex situations within the market.
The expert HRE team is well-versed in navigating the intricate landscape of real estate, ensuring that each solution is tailored to achieve impressive results for its clients. Whether it’s through renegotiating leases or managing asset portfolios, Hilco Real Estate Sales stands ready to guide clients toward success in any market environment.
Frequently Asked Questions
What type of facility is being offered by Hilco Real Estate Sales?
Hilco Real Estate Sales is offering a state-of-the-art cannabis cultivation facility equipped with advanced technology for optimal productivity.
What are the key features of the cannabis facility?
The facility includes automated systems for light deprivation, climate control, and a comfortable living area for staff, all while being compliant with safety regulations.
How can interested buyers submit their bids?
Bids must be submitted before the deadline of November 20 at 5 p.m. (PT), with further details available on the Hilco Real Estate Sales' website.
What is the yield capacity per harvest in this facility?
Depending on the cultivation methods, the facility can yield between 330 to 660 pounds of cannabis per harvest, with potential for four harvests annually.
Why is Deschutes County favorable for cannabis cultivation?
Deschutes County offers a combination of ideal climatic conditions, strong community support, and favorable zoning laws, making it an attractive location for cannabis operations.
