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Property Details

818 S Derby St, Arvin, CA 93203


Industrial Warehouse & Cooler building with Approved CUP Commercial Cannabis Processing, Retail Delivery, & Cultivation Use · Industrial Property For Sale

32,000sf Warehouse House and Cold Storage with 3 open acres. Facility is on three parcels. Zoned M2. Former USDA food processing facility with existing cold storage rooms, heavy air conditioning, high ceilings and heavy power (2500a 3 phase power at 480v). 20′ ceiling height. City water to the property, sewer at the fence line. Also includes finished basement not included in assessed square footage. 5 acres of total land on 3 APNs which provides ample land to construct additional buildings or put greenhouses on site. City of Arvin has adopted an ordinance allowing indoor marijuana cultivation, manufacturing and greenhouse cultivation as well (buyer to verify use and zoning). The majority of the properties in Arvin that are zoned appropriately for cannabis use are raw, vacant land, this is one of the few that has existing structures and is definitely the premier building in Arvin for the use.
Proposed fee structure from the city is as such:
Nursery/Cultivation $6 per square foot under canopy with 100% artificial light
$4 per square foot under canopy with mixed light
Testing – 2% of gross receipts
Manufacturing – 6% of gross receipts for the first $2,500,000
3.75% for the next $7,500,000
2.80% for anything above that
Distribution – 2%
Retail delivery (non store-front) 3.75%
See full listing:

Steve Simoulis

Steve has lived on the central coast for over 30 years. He loves going to Lake Nacimiento for wakeboarding and fishing during the summer and playing soccer and softball in the cooler months. Steve started in the construction trade while finishing high school thru hands on experience working in the field on small housing tracts and luxury hotels. While attending Cal Poly SLO, Steve kept his construction job and graduated with a degree in Business Administration with a concentration in Finance. From there Steve put his finance degree to work and was a credit manager and loan officer at Wells Fargo Financial. During his time at Wells Fargo he was offered a job as a project manager with a big general contractor working the western United States on mostly Federal projects. With over 20 years in the construction industry Steve has set himself apart by working on challenging projects and he has received awards such as LEED platinum, USACE flood control project of the year, and Historical preservation awards for his hard work. Today he remains excited and challenged by the construction and development business.

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