Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Assessor urges board to sustain $183 million enrollment for Camarillo greenhouse, citing Measure O premium
Summary
Ventura County Assessor testified that the passage of Measure O and market evidence of premiums for cannabis‑eligible greenhouses support sustaining the enrolled base‑year value (about $183.2 million) for the GH Camarillo property; the office presented two cost‑approach analyses and profit/obsolescence extraction.
The Ventura County Assessor’s Office presented valuation testimony on Dec. 15, 2025, urging the Assessment Appeals Board to sustain an enrolled base‑year value of approximately $183.2 million for the GH Camarillo greenhouse complex (GH Camarillo LLC/Glasshouse Brands).
Assessor witnesses described the 159.7‑acre property at 645 Luduna Road as one of the nation’s largest greenhouse complexes, with roughly 125 acres of greenhouse structures, on‑site power and water systems, packing and cold storage facilities. Ben Phelps, the assessor’s appraiser,…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
