$1,600,000
$1,655,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with Daniel Hasid • Nest Seekers
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States