For Sale
$5,950,000
13300 Little Morongo Road, Desert Hot Springs, CA 92240
Cannabis Properties
Property Size45,553 SF
Lot Size8.14 Acres
Price / SF$130.62
Days on Market179
Property Features for 13300 Little Morongo Road
General Information
Standard status
Active
Size
45,553 SF
Lot size
8.14 Acres
Amenities
45553
354578
Assessor
354578.4
Building Details
Building Size
45,553 SF
Year Built
2019
Listed By:
Sharon Lucas
(760) 668-1148
Source:
Sharonlucas.idxbroker
Added: Apr 24
Changed: Oct 4
Last Checked: Oct 19 at 3:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sharon Lucas
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Investment Insights
Based on property information with market context.
Key Highlights
- 45,553 SF Licensed Turnkey Cannabis Facility
- 15,553 SF Manufacturing/Distribution- Pharma Grade
- 27,400 SF Mixed Light (10 Bays With 70 Lights/Bay)**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$374,074
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,481,480
$7.5M
Cap Rate 7%
$5,343,914
$5.3M
Cap Rate 9%
$4,156,378
$4.2M
Market Conditions
NOI Build-Up for 45,553 SF
Gross rent
$568.5K $12.48/SF
− Vacancy
−$34.1K −$0.75/SF
EGI
$534.4K $11.73/SF
− OpEx
−$160.3K −$3.52/SF
NOI
$374.1K $8.21/SF
Area
Riverside County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,481,480
Cap Rate 7%
$5,343,914
Cap Rate 9%
$4,156,378
Alternative Uses
Best Use
Industrial
$5.34M
$4.68M – $6.23M
NOI $374,074 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.65M
$11.94M – $15.92M
NOI $955,284 @ 7.0% cap · market cap 16.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 92240, CA
40,920
Population
15,977
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
35.7 sq mi
ZIP Area
1,146
Density / Sq Mi
$51,284
Median Household Income
$32,137
Median Earnings
$1,367
Median Rent
$294,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
Where is this cannabis property located?
The property is located at 13300 Little Morongo Road Desert Hot Springs, CA.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: 45,553 SF Licensed Turnkey Cannabis Facility; 15,553 SF Manufacturing/Distribution- Pharma Grade; 27,400 SF Mixed Light (10 Bays With 70 Lights/Bay)**
