Cannabis Space

Special Purpose for Sale
Catylist Listing ID: 30561239
Building Status: Proposed
Building Size (RSF): 37,500 SF
Gross Building Area: See Agent
Sale Price: $5,962,500
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/20/2020

Overview / Comments

Palo Verde Center Cannabis Industrial Park FOR SALE or LEASE. INDIVIDUAL BUILDING DIVISIONS from 37,500 SF, 75,000 SF, 112,500 SF, to 150,000 SF. ±127.25 total acres. CHOOSE ''warm shell'' providing power and air conditioning or ''turn key'' option. LOW REAL ESTATE PRICES. PVC is priced substantially below major competitors. LOW LOCAL TAXES. At $3/SF of canopy, Blythe has the lowest cultivation taxes in Southern California. LOW COST WATER. Cost of water included with CAM charges. Water cost estimated per 37,500 SF unit is less than $1,000 annually. PURPOSE BUILT. The building design and addition of a central plant allows for maximum cultivation cost savings. LOWEST TOTAL OPERATING COSTS in California. ADJACENT TO I-10 freeway, 3.5 hours to west Los Angeles, 2 hours east of Phoenix. JOINT PHYSICAL SECURITY. 24/7 sophisticated security system protecting the site. DEVELOPMENT AGREEMENT. Grants cannabis businesses the right to operate PVC for 30 years. EASY LICENSING. No limitation on cultivation, manufacturing, and distribution licenses. LARGE LOCAL LABOR POOL, ready to go to work. Over 1,000 job applications currently on file.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 869-210-012
Property Located Between: off I-10 Freeway
Year Built: 2020

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,030 12,530 14,279
Median Age: 31.65 32.27 33.11
Households: 733 4,312 4,972


Photograph of Listing Agent

John Osborne

Osborne Realty DACIE Member

Sponsoring Organization

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