We recently appraised a 27,000 square foot commercial cannabis facility in the Coachella Valley, Riverside County. This modern property, valued under both Fee Simple Estate and Liquidation Value scenarios, is versatile for various cannabis-related uses, including:
- Marijuana Non-Storefront Retail Facilities
- Cultivation Facilities
- Manufacturing Facilities
- Testing Laboratories
- Distribution Centers
- Micro-Business Facilities
Appraisal Details:
- Fee Simple Estate Value: Represents the property’s value under normal market conditions, assuming an unrestricted period for sale.
- Liquidation Value: This approach was included at the client’s request, reflecting a scenario with a significantly reduced marketing period. It considers current market value trends and estimates the time required for a typical sale in a constrained market environment.
The appraisal reflects the building’s potential in various operational capacities within the cannabis industry. By incorporating both valuation methods, we provide a comprehensive view that supports informed decision-making, whether for investment, acquisition, or operational adjustments.
For more information on commercial cannabis property appraisals or to discuss a similar facility, please contact us.
