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US (OR): Bid deadline for Oregon grow facility announced

Hilco Real Estate Sales has announced November 20, 2024, as the bid deadline for one of the only available cannabis growth facilities in Redmond, Oregon. Located at 4859 N. Highway 97, this automated, climate-controlled facility with 24/7 access provides an ideal setting for professionals seeking to expand or start a cannabis operation. Designed with OLCC-compliant security and advanced fertigation, aeration and nutrient delivery systems, this environment maximizes productivity and allows for up to four harvests per year. Depending on growing methods, the yield per harvest can range between 330-660 pounds.

The property is equipped with automated light deprivation systems in all bays, evaporative cooling and a Surna chilling system in the flower bay, and HVAC/propane heaters and humidity control in the vegetation room and dry room. In addition to the cultivation spaces, the property features a comfortable 1,800± SF manufactured home with a 600± SF living room addition—perfect for on-site housing for operators or employees. All essential equipment is included in the sale, minimizing startup costs for investors or owner-operators.

The property also has potential for expansion, with enough acreage to add on a third 3000± SF bay and construct a 1,800± SF processing facility. This exceptional facility provides an unparalleled opportunity to capitalize on the rapidly growing cannabis market.

"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, states. "With the high-tech infrastructure in place, investors can hit the ground running and maximize their productivity immediately."

For more information:
Hilco Real Estate Sales
hilcorealestatesales.com/

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