9.66 AC Industrial/Commercial Land Zoned for Cannabis

Vacant Land for Sale
Catylist Listing ID: 30572774
Property Subtypes: Industrial
Gross Land Area: 9.66 Acres
Sale Price: $699,000
Unit Price: $72,360 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/7/2020

Overview / Comments

FEATURES
- Perfect Location for Cannabis Business Park
- 6.48 AC Zoned Light Industrial & 3.18 AC Zoned General Commercial for Endless Cannabis Business Opportunities
- City Ordinance Allows for Cannabis Cultivation & Extraction in Industrial Zones
- No Manufacturing Tax in Desert Hot Springs
- Tentative Parcel Map No. 37530
- Coachella Valley Industrial Space Vacancy at a Record Low 1%

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 666-280-014, 666-290-010
Zoning: I-L , C-G
Property Located Between: Little Morongo Rd & N Indian Canyon Rd
Largest Nearby Street: Dillon Rd
Site Description: The property is located on the south side of Dillon Road, just west of 64641 Dillon Road, between Little Morongo Road and Indian Canyon Drive in the city of Desert Hot Springs.
Zoning Description: 6.48 acres I-L (Light Industrial) & 3.18 acres C-G (General Commercial)
Available Utilities: Electric, Water
Water Service: Municipal

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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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