13.16 acres Zoned Cultivation - 10 Lots with Approved CUP

Vacant Land for Sale
Catylist Listing ID: 30269412
Property Subtypes: Industrial
Gross Land Area: 13.16 Acres
Sale Price: $1,655,000
Unit Price: $125,759 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/14/2019

Overview / Comments

Price just reduced from $3,000,000!

* Opportunity to utilize solar power. For more info see: https://youtu.be/HSJVybdOr_c
* Approved CUP 14-17 and Tract Map No. 37360
* Includes a phase 1 approval for cultivators to begin growing immediately
* City ordinance allows for cannabis cultivation and extraction
* Architectural renderings, landscape plan, and site plan included

Directions: I-10 traveling east exit Indian Canyon Dr. & take a left(north). Travel 1 1/4 miles to Dillon Rd., turn right(east) on Dillon Rd. Travel 1 mile to Little Morongo Rd., take a right(south) on Little Morongo Rd. &travel 1/4 mile. Property is on right.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 666-310-011
Zoning: I-L
In Flood Plain?: Yes
Topography: Level

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 29,610 55,987
Median Age: 32.32 36.12
Households: 9,601 20,133


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