348 Queens Branch RDRogueRiver, OR97537

$1,900,000
18344 sq. ft
2.8 acres
Acres1to3
235 days on market

VestorFilter™

Price per ft²$103.58/ft²
Recent price drop$200,000
Price per acre$678.6K/ac
Time on market235 days

Property Description

A rare opportunity to purchase 2 businesses together with each having incredible potential. VivaGrow Systems Inc has patents for the modified geodesic domes and the proprietary growing system. Harvest Dome LLC has a unique fully-automated (remote controlled) cultivation operation within (3) 50'x100' geodesic domes. Growing in the domes allows many advantages, such as a consistently higher quality organic product, reduces need for pesticides, provides crop protection, limited need of man-power and a 25% greater energy efficiency. The 2.8 acre property is leased at only $500/mo (lease renewable for approx. 16 more years) and currently has (3) growing domes expandable to (5) domes with the current infrastructure. Each dome has a 480 volt 400 amp connection w/step downs to 120/208 HVACs and Heaters rated at 25 tons each (75 tons in each dome)! The domes have incredible strength and can withstand 150 mph winds, 3 feet of snow and an 8.0 earthquake. The sellers are willing to consider carrying a contract with a $1 million down payment. It has been a Cannabis operation, but could be used to grow anything. Sale includes the OLCC Tier II Cultivation license and there is land that can be used to cultivate an additional 12,000 SF of canopy outdoors under the current license. There is way too much to list everything here, but there are water rights and all buildings (three 4,464 sq ft geodesic domes, 12'x40' nursery sheds two of which are climate controlled, office, trimming room, temperature controlled Conex boxes), equipment, patents, CO2 dispensers, fertigation system, irrigation system, LED lighting, diesel backup generator and the security system are all included in the sale. Hurry on this opportunity. More details available upon request.

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Financial Data

Price ChangeDropped $200,000 on 05/02/2024
Total $200,000 drop
Original Price$2,100,000
Current Price$1,900,000

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Home Facts

StatusActive
Year Built2018
MLS ID23362781