New Manufacturing Building For
For Sale
$2,200,000
Pending
250 Balboa Bldg 1 Pl, Needles, CA 92363
12,500 SF manufacturing building zoned for medical marijuana cultivation.
Property Size12,500 SF
Lot Size2.38 Acres
Days on Market316
Property Features for 250 Balboa Bldg 1 Pl
General Information
Standard status
Pending
Size
12,500 SF
Lot size
2.38 Acres
Property subtype
Industrial
Building Details
Building Size
12,500 SF
Listing Agency:
NAI Capital Victorville
Listed By:
Mehdi Mostaedi · License #01392527
(760) 559-6807
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 6
Last Checked: Oct 9 at 11:10PM
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 NAI Capital Victorville
Investment Insights
Based on property information with market context.
This 12,500 SF building is currently under construction. It is zoned for medical marijuana cultivation and production within the city of Needles. The building includes 1,000 amps of power, HVAC units, underground plumbing, and offices. Additional buildings are also available. The location benefits from an abundance of labor within Needles, Laughlin, and Bullhead City.
Key Highlights
- Zoned for medical marijuana cultivation & production
- 12,500 SF building (under construction)
- Features 1,000 amps of power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,648
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,052,960
$2.1M
Cap Rate 7%
$1,466,400
$1.5M
Cap Rate 9%
$1,140,533
$1.1M
Market Conditions
NOI Build-Up for 12,500 SF
Gross rent
$156.0K $12.48/SF
− Vacancy
−$9.4K −$0.75/SF
EGI
$146.6K $11.73/SF
− OpEx
−$44.0K −$3.52/SF
NOI
$102.6K $8.21/SF
Area
San Bernardino 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%
$2,052,960
Cap Rate 7%
$1,466,400
Cap Rate 9%
$1,140,533
Alternative Uses
Best Use
Industrial
$1.47M
$1.28M – $1.71M
NOI $102,648 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M
NOI $184,568 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Demographics for 92363, CA
5,634
Population
3,867
Households
1.5
Avg Household Size
45
Median Age
9%
College-Educated
79%
High-School Grad
372.0 sq mi
ZIP Area
15
Density / Sq Mi
$40,226
Median Household Income
$38,218
Median Earnings
$738
Median Rent
$138,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - 12,500 SF manufacturing building zoned for medical marijuana cultivation.
Where is this manufacturing property located?
The property is located at 250 Balboa Bldg 1 Pl Needles, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Zoned for medical marijuana cultivation & production; 12,500 SF building (under construction); Features 1,000 amps of power
