812 ANGELINA Boulevard, Chaparral, NM 88081
sale
$450,000
|
Other
Courtesy Of HOME PROS REAL ESTATE GROUP
The project is partnered with a highly experienced cannabis cultivator from Colorado, bringing over 20 years of proven success, operational systems, and industry expertise. Rare commercial investment opportunity in Chaparral, New Mexico! This approximately 4,000 sq ft warehouse shell sits on just over 1 acre and was originally designed for a cannabis cultivation and dispensary operation. Ownership is offering Three potential opportunities: * Purchase the land and structure outright for the full sales price, or *$200,000 investment in exchange for 10% equity ownership to finalize construction and bring the project online. The asset includes land, approved plans, and major infrastructure already in place--significantly reducing development risk and timeline to revenue. or * Provide a $200k short-term construction note to complete the buildout and participate as a lender in the project.
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Property Features
- Cooling System: Central Air
- Exterior Type: Steel Frame
- Fireplace: Fireplace
- Floors: 1
- Heating System: Central
- Legal Description: SUBD: CHAPARRAL DESERT HILLS LOT 6 BLOCK: N
- MLSID: 941688
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