33.66 ac - 10 Fully Improved Cannabis Cultivation Parcels

Vacant Land for Sale
Catylist Listing ID: 30217553
Property Subtypes: Industrial
Gross Land Area: 33.66 Acres
Sale Price: $5,131,803
Unit Price: $152,459 Per Acre
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/10/2018

Overview / Comments

* 33.66 acres has been subdivided into 10 improved lots.
* Located at the Rancho Coachella Business Center, a 300 acre Master Planned Business Park.
* New City amended ordinance now allows for medical marijuana cultivation in the Industrial Park Overlay Zone.
* Wholesale cannabis uses allowed - cultivation, extraction and manufacturing with conditional use permit.
* Fully improved parcels include roads, water, sewer, electric, and gas.
* Low cost power.
* Includes APNs 763-141-028, 029, 030, 031, 032, 033, 034, 035, 036, 041.
* $3.50/SF

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 763-141-028, 029, 030, 031, 032, 033, 034, 035, 036, 041
Zoning: M-H
Property Located Between: Highway 111 and Polk St
Property Visibility: Excellent
Largest Nearby Street: Highway 111
Zoning Description: Heavy Industrial
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,506 40,829 82,737
Median Age: 23.07 24.71 28.23
Households: 531 9,093 21,161

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