Licensed Cannabis Cultivation
For Sale
$5,950,000
13300 Little Morongo Road, Desert Hot Springs, CA 92240
Commercial Sale, Desert Hot Springs, CA
Property Size45,553 SF
Lot Size8.14 Acres
Price / SF$130.62
Days on Market302
Property Features for 13300 Little Morongo Road
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
340 - Desert Hot Springs
Standard status
Active
APN
663270012
Size
45,553 SF
Lot size
8.14 Acres
Building Details
Year built
2019
Listing Agency:
Desert Pacific Properties
(760) 360-8200
Listed By:
Paula Turner · License #00702492
(760) 578-6564
Added: Dec 8, 2025
Changed: Oct 2
Last Checked: Oct 6 at 6:06PM
MLS# 219139756
Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This licensed cannabis facility contains 45,553 square feet of improvements on 8.14 net acres. Built in 2019, the property includes 15,553 square feet designated for pharma-grade manufacturing and distribution, along with 27,400 square feet of mixed-light cultivation space. The cultivation area is configured with 10 bays and 70 lights per bay.
Located at 13300 Little Morongo Road in Desert Hot Springs, California, the property is identified within the City of Desert Hot Springs and includes no city manufacturing tax. The site combines cultivation, manufacturing, and distribution functions within one operating facility.
Located at 13300 Little Morongo Road in Desert Hot Springs, California, the property is identified within the City of Desert Hot Springs and includes no city manufacturing tax. The site combines cultivation, manufacturing, and distribution functions within one operating facility.
Key Highlights
- 45,553 SF licensed cannabis facility on 8.14 net acres
- 15,553 SF pharma‑grade manufacturing and distribution area
- 27,400 SF mixed‑light cultivation space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$454,233
Cap Rate
7.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,084,660
$9.1M
Cap Rate 7%
$6,489,043
$6.5M
Cap Rate 9%
$5,047,033
$5.0M
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
−$80.2K −$1.76/SF
NOI
$454.2K $9.97/SF
Area
Riverside County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,084,660
Cap Rate 7%
$6,489,043
Cap Rate 9%
$5,047,033
Alternative Uses
Best Use
Warehouse
$6.49M
$5.68M – $7.57M
NOI $454,233 @ 7.0% cap · market cap 7.63%
Second Best
Industrial
$5.34M
$4.68M – $6.23M
NOI $374,074 @ 7.0% cap · market cap 6.29%
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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
52
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
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Cannabis property - Licensed cannabis property with cultivation, manufacturing, and distribution improvements across a substantial acreage site.
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 cannabis facility on 8.14 net acres; 15,553 SF pharma‑grade manufacturing and distribution area; 27,400 SF mixed‑light cultivation space
