9.55 ac Zoned Industrial for Cultivation

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30169943
Property Subtypes: Industrial
Status: Pending/Contingent
Gross Land Area: 9.55 Acres
Sale Price: $1,450,000
Unit Price: $151,832 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/7/2018

Overview / Comments

* Lowest priced cannabis land per acre ($151,832) with all utilities to site
* Recently annexed in to the Desert Hot Springs Cultivation Zone
* City ordinance allows for cannabis cultivation and extraction
* Utilities including water, sewer, and electric; gas line coming soon
* Frontage on Little Morongo Rd
* Just North of Southern California Cultivation Park - Greenhouse currently under construction

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 663-260-002
Zoning: I-L
Property Located Between: NEC Little Morongo Rd and 13th Ave
Property Visibility: Excellent
Lot Frontage: Little Morongo Rd
Zoning Description: Light Industrial
In Flood Plain?: Yes
Topography: Level
Available Utilities: Electric, Water, Sewer

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,818 36,615 39,021
Median Age: 32.54 33.81 33.59
Households: 904 12,376 13,169

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