10 Industrial Lots on 21.61 acres

Vacant Land for Sale
Catylist Listing ID: 30713785
Property Subtypes: Industrial
Gross Land Area: 21.61 Acres
Sale Price: $1,500,000
Unit Price: $69,412 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/13/2022

Overview / Comments

- 10 Industrial Lots with 5.06 ac remaining lot
- Easy access to I-10, just .85 miles north
- Prime location for freeway dispensary and 8 cannabis industrial lots with gated entrance
- City ordinance now allows for Commercial Cannabis Business including sales of medical cannabis and or products, cultivation, processing, storing

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 659-230-009 (.07 ac), 010 (3.66 ac); 659-270-001 (1.05 ac), 002 (1.85 ac), 003 (2 ac), 004 (2.86 ac), 005 (2.85 ac), 006 (1.05 ac), 007 (1.06 ac), 008 (1.44 ac), 009 (.91 ac), 010 (1.08 ac), 011 (1.14 ac)
Zoning: I-L
Property Located Between: Date Palm Drive & Varner Road
Largest Nearby Street: Date Palm Drive
Highway Access: Interstate 10
Airports: Palm Springs International
Site Description: Date Palm Industrial Park is located in the Light Industrial area of Cathedral City that allows for the cultivation, manufacturing and sales of cannabis for the growing industry.
Area Description: The property is located at the intersection of Date Palm Dr. and Varner Rd. in Cathedral City, CA.
Zoning Description: Light Industrial, allows dispensaries, extraction, cultivation & open space
Available Utilities: Water, Gas

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 26,234 93,534
Median Age: 36.03 43.36
Households: 8,063 37,978


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