Court-Ordered Receivership Sale | Real Estate Included & Appraised Valued at $16.8M! | CUP Medium Tier Type III Cultivation Facility With 600 Lights Included! (Tulare County, California) #1997

An exceptional opportunity to acquire a large-scale, vertically positioned cannabis cultivation asset offered through a court-ordered receivership, with a starting credit bid of $4,000,000. Situated on approximately 6.1 Acres of land in Tulare County, this property includes real estate appraised at $16.8M and a CUP-approved Medium Tier (Type III) cultivation license, featuring approximately 15,000 sq ft of canopy with expansion potential. The facility encompasses 125,389 SF of gross building area on a 313,848 SF lot, with 9 flowering rooms housing 600+ lights (up to 640), supported by ~4,000 amps of power. Cultivation infrastructure includes a mix of traditional HID systems and double-stacked LED rooms, offering both proven and scalable production capabilities.

The site is currently non-operational (ceased November 2025) and will require capital improvements and equipment optimization, presenting a strong value-add repositioning opportunity for experienced operators. The property includes a substantial amount of existing equipment and infrastructure (estimated value exceeding $500,000). Security infrastructure is in place (solar-powered exterior cameras), with clear upside through modernization and compliance upgrades. This is an ideal acquisition for an operator seeking a large footprint with existing buildout, power, and licensing in a supply-constrained California market.

California remains the largest legal cannabis market in the world, with limited issuance of Medium Tier licenses creating meaningful barriers to entry and long-term asset value. As the industry continues to consolidate, opportunities to acquire scaled cultivation facilities with real estate included at a discount are increasingly rare. This offering provides a strategic entry point for well-capitalized buyers to relaunch, expand canopy, and capture market share in a high-demand state poised for continued growth and operational optimization.



Details:

Total Space: 6.1 Acres (267,023 SF)
Canopy Space: 15,000 SF
Gross Building Space: 123,389 SF
Lot Space: 313,848 SF
Real Estate Appraised Value: $16,800,000
Flower Rooms: 9
Flower Lights: 600+
Power: 4,000 AMPS
Includes HID Systems & Double-Stacked LED Rooms
Included Assets Value: $500K+
Solar Powered Exterior Cameras
License:

Medium Tier (Type III) Cultivation License – authorizes the operation of a mid-to-large scale cannabis cultivation facility in compliance with local zoning and regulatory requirements. In California, a Type III (Medium) license allows for 10,001 to 22,000 square feet of canopy, making it ideal for operators seeking scalable production while maintaining regulatory compliance. This license tier supports various cultivation methods, including indoor or mixed-light, depending on the underlying approvals.


Asking Price: $4,000,000.000 Starting Crediting Bid Through Court-Ordered Receivership

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group®, Inc.