For Sale
$175,000

15Th Ave Desert Hot Springs, CA 92240

1.26-acre I-L zoned lot, $175,000

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 1.26-acre commercial land parcel is situated in the desirable Desert Hot Springs Industrial Park, northeast of the intersection of Cabot Road and 15th Avenue (APN: 665-070-011 665-050-018). Zoned I-L (Light Industrial), this property presents a unique opportunity within a thriving cannabis zone. Located in Riverside County, CA (zip code 92240), this land offers a compelling investment prospect at a price of $175,000, translating to $3.27 per square foot. The property benefits from its proximity to Palm Springs and convenient access to Interstate 10, providing excellent connectivity to the entire Southern California region. While a previous Conditional Use Permit (CUP 31) has expired, the site boasts a proposed project plan encompassing a substantial 35,777 square foot, two-story building. This proposed design includes dedicated spaces for office/administration (2,463 sq ft), cultivation (29,215 sq ft), and processing (4,099 sq ft). A significant advantage is the absence of manufacturing tax within Desert Hot Springs, making this a financially attractive location. Desert Hot Springs is recognized as a leading cannabis cultivation hub in Southern California, with over 1,400 acres zoned for unlimited cannabis cultivation, extraction, and manufacturing with CUP. This property represents one of the most competitively priced parcels within this dynamic zone.

Highlights

  • Expired CUP.
  • Proposed 35,777 SF two-story cantilever building.
  • Office/Admin: 2,463 SF; Cultivation: 29,215 SF; Processing: 4,099 SF.
  • No manufacturing tax in Desert Hot Springs.
  • Located in Desert Hot Springs Industrial Park.

Property Details for 0 15Th Ave

Property type
Land
Lot Size (sq. ft)
54,886 SF

Location Insight

City
Desert Hot Springs
County
Riverside
State
California
Latitude
33.9394791
Longitude
-116.5208648

FAQs

What type of property is this?
Land - 1.26-acre I-L zoned lot, $175,000
Where is the land located?
The property is located at 15Th Ave Desert Hot Springs, CA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Expired CUP.; Proposed 35,777 SF two-story cantilever building.; Office/Admin: 2,463 SF; Cultivation: 29,215 SF; Processing: 4,099 SF.
How can I contact the broker?
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0 15Th Ave
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