Desert Hot Springs, CA 92240,0 Little Morongo RD

$1,600,000

$1,655,000

3.3%
Est.Price: ?

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Est. payment /mo

13.16 Acres Lot


SOLD DATE : 05/04/2021

Key Details

Sold Price $1,600,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 21708800

Sold Date 05/04/21

HOA Y/N No

Lot Size 13.160 Acres

Property Description

GREAT DEVELOPMENT OPPORTUNITY. SALES COMPS FOR COMPLETED BUILDINGS IN $250-280 PSF FOR A VANILLA SHELL. OWNER LOOKING FOR PARTNER, WILL DO BUILD TO SUIT, EXCHANGE, ETC. SUBMIT ALL OFFERS. Cannabis development property, zoned L-1 (light industrial) with conditional use permit #14-17 from City of Desert Hot Springs, tentative tract for 10 lots, 6 buildings totaling 96,500 feet for cannabis cultivation and manufacturing. Final Map should be recorded in 2021. Low-cost solar power available from adjacent solar farm. South of Dillon Road on Little Morongo Road. Southern California Edison Electric poles on Little Morongo Road; water on Little Morongo Road, Mission Springs Water District. Proposed sewer plant to the south. Finished lots selling from $10 to $18 per sq. foot. EXISTING CUP HAS BEEN EXTENDED TO DECEMBER 2021.

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Zoning L-1

Interior

Fireplace No

Others

Tax ID 666310011

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Ingrid Baddour • Baddour & Associates
Bought with Daniel Hasid • Nest Seekers
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