0 14.62 Ac Little Morongo RdDesert Hot Springs, CA 92240

Property Details for 0 14.62 Ac Little Morongo Rd

Lot size

14.62 AC

Property type

Industrial properties

Property subtype

Other land

Description

This exceptional 14.62-acre parcel presents a unique investment opportunity in the thriving Desert Hot Springs industrial corridor. Zoned I-L (Light Industrial), the property allows for a diverse range of uses, including outside storage and crucially, cannabis cultivation, manufacturing, and distribution. Its prime location offers easy access to major transportation routes, streamlining logistics and operations. The property's designation within an Opportunity Zone provides significant tax advantages for investors, allowing for the deferral of capital gains taxes within industrial zones. Desert Hot Springs' business-friendly environment, boasting an average 10-day turnaround on plan checks, ensures a streamlined development process. The property's size and zoning make it ideal for large-scale industrial projects or a multi-faceted operation. The asking price is $1,450,000. The Assessor's Parcel Number (APN) is 663-270-005. This is a rare opportunity to acquire a substantial industrial land holding in a rapidly growing area with significant potential for future appreciation. The property is located at 14.62 ac Little Morongo Rd, Desert Hot Springs, CA 92240.

Location Insight

City

Desert Hot Springs

County

Riverside

State

California

Latitude

33.9461

Longitude

-116.527

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