3.75 Acre Zoned Cultivation with CUP

Vacant Land for Sale
Catylist Listing ID: 30170529
Property Subtypes: Industrial, Other
Gross Land Area: 3.75 Acres
Sale Price: $2,400,000
Unit Price: $640,000 Per Acre
Sale Terms: Cash to Seller, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 10/15/2018

Overview / Comments

The project is parcel mapped for condominium ownership with- an approved Conditional Use Permit for construction of four separate and identical units of 17,095.5 SF each with com- mon areas and shared facilities including site security, park- ing, vehicular access, sub-surface storm water retention and a mirco-turbine co-generation system for on-site production of electrical power and cooling. Each unit is comprised of approx- imately 10,840.00 SF of climate-controlled mixed light green- house space and 6,255.50 SF of head house and support space. Each unit is approved for cultivation and manufacturing licenses.

The project may be built in as many as four phases and is a member of an active coalition for construction of a new sanitary sewer sys- tem with plans and engineering in progress.

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 665-030-039; 040
Zoning: LIGHT INDUSTRIAL
Available Utilities: Electric

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,436 36,615 43,564
Median Age: 31.64 33.81 33.98
Households: 2,017 12,376 14,789

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