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Updated 7 months ago,
155+ Acres with Renovated Farmhouse, Geothermal & CanHard Money Loan or
Opportunity to own 155 farmland acres + renovated farmhouse + a startup cannabis business, in excellent Maryland location. Beautiful and picturesque, adorable small town, but Land is in a preservation zone, but there are ways besides subdivision to make money on land. Renting to farmers, tax incentives for farmers. Resell value will be ridiculous if held for a few years. Whole surrounding area and county is being developed.
Our plan is to turn one of the buildings into a cannabis micro grower. We are familiar with the process. There is a shortage of product and limited certified growers in the state, so the and at dispensaries and processors is very high. Maryland is also considering making psilocybin legal (next few years likely). Great idea to get in on the ground floor in that market, meeting with officials. I’m a very hands on entrepreneur, own a small prime government contracting business. Also, we plan to make the farmhouse and growing building/s net zero certified, which will lower cost of utilities to zero. It will also significantly raise the resale amount. The money is spent in the initial investment of renovations, which also include tax, grants and incentives.
Project can be completed in 6 months.
TOTAL INVESMENT: $4 million