9.48 acres

Vacant Land for Sale
Catylist Listing ID: 30563895
Property Subtypes: Industrial
Gross Land Area: 9.48 Acres
Sale Price: $379,000
Unit Price: $39,978 Per Acre
In Opportunity Zone? Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/23/2020

Overview / Comments

9.48 acres in Riverside County across from Desert Hot Springs city limits. Located in the Opportunity Zone, which provides Federal Tax Incentives. New ordinance allows Cannabis businesses with zone change. Coachella Valley industrial space vacancy is at a record 1% low. Price Reduced from $575,000.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Taxing Authority: Riverside County Tax Assessor
Tax ID/APN: 666-190-001
Zoning: W-2 (CONTROLLED DEVELOPMENT)
Property Located Between: North Dillon Rd./West Little Morongo Rd.
Property Visibility: Excellent
Largest Nearby Street: Dillon Rd.
Lot Frontage: 330'
Lot Depth: 1,225'
Zoning Description: W-2 Controlled Development
Topography: Level

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 29,006 52,326
Median Age: 31.25 35.36
Households: 9,388 18,538

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