5 AC Vermillion Dr, Desert Hot Springs

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30467334
Property Subtypes: Industrial
Status: Pending
Gross Land Area: 5 Acres
Sale Price: $50,000
Unit Price: $10,000 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/6/2020

Overview / Comments

● PRICE REDUCED to $50,000.
● 5 AC in Riverside County across from city limits of Desert Hot Springs
● Located in the Opportunity Zone
● Potential for contractors’ yard or Cannabis use with zone change
● 1,350 feet west of Little Morongo Rd
● Lowest priced land in area

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 666-070-006
Zoning: W-2
Property Located Between: Little Morongo Rd & N Indian Canyon Rd
Property Visibility: Excellent
Largest Nearby Street: Little Morongo Rd
Site Description: 5 AC vacant land off Little Morongo Rd in Riverside County near city limits of Desert Hot Springs. Located in a sought-after area. Desert Hot Springs has many cannabis cultivation & manufacturing projects underway as well as many approved residential developments that can potentially build up to 12,000 new homes.
Lot Frontage: 660'
Lot Depth: 330'
Zoning Description: W-2 - Controlled Development
In Flood Plain?: Yes
Topography: Level
Available Utilities: Electric

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,818 34,238 48,367
Median Age: 32.54 32.45 34.35
Households: 904 11,310 16,724


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