Maywood Marijuana Cultivation Facility!!

5415 Maywood Ave Maywood, CA 90270

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FOR SALE Incentives
Property Type:
Factory
Amount:
$5,975,000
Last Verified:
Aug 02, 2017

Highlights

  • Zoned For Marijuana Cultivation
  • 24’ Ceiling Height
  • Ample Parking
  • Security Fence with remote access
  • Insulation & Fire Sprinklers
  • 3 Phase Power

Description

Maywood is a small city in southeast Los Angeles. It is the third-smallest incorporated city in Los Angeles County. It is bordered by the cities of Bell to the South, Vernon to the North and West, Huntington Park to the southwest, and Commerce to the East. Maywood runs along the 710 freeway and is 5 miles from downtown Los Angeles. Maywood is one of the few municipalities in Los Angeles County to pass an ordinance to legalize and regulate marijuana businesses. Maywood currently has no caps on licensing and has a business-friendly ordinance that follows the guidelines of Prop 64. Maywood is a rare market for cannabis investors to become first movers in the largest marijuana market in the world.

Rosano Partners is proud to present an 18,104 SF facility on a 30,014 SF lot that is zoned for marijuana business uses. This well-maintained tilt up has 24’ ceiling clearance, and a large parking lot surrounded by a wrought iron security fence. The building is insulated, has fire sprinklers, and an electric capacity of 400 amps at 277/480V. The high ceilings provide the opportunity to grow a 22,000 SF canopy license. (Power will need to be upgraded.) This unique property is well suited for cultivation and provides operators an opportunity to be first movers in the legal Los Angeles market.



Year Built: 1989
Building Size: 18104.0sq ft
Lot Size: 0.69 acres

Map of 5415 Maywood Ave, Maywood, CA, 90270

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.