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Class A Cannabis Greenhouse
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84811 Ave 48, Coachella, CA 92236

Cannabis cultivation property with corporate offices, processing areas, distribution space, and an automated light-deprivation greenhouse.

Property SizeContact for details
Days on Market144

Property Features for 84811 Ave 48

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Meade Commercial
Listed By: Cameron Rawlings · License #02102158
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:32PM

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 Meade Commercial

Investment Insights

Based on property information with market context.

This new cannabis cultivation property is planned across 6.06 acres and includes approximately 125,000 square feet of improvements. The headquarters component is designed with executive offices, trimming, curing, and packaging areas, along with a distribution hub and kitchen space for baked-goods or edible manufacturing. The site also includes a sealed Class “A” automated light-deprivation greenhouse.

The property is leased to Green Horizons under a new 20-year NNN lease with 3% annual escalations and an 11.90% year-one cap rate. The lease includes options for approximately 800,000 additional square feet within the broader development. The buyer will own the cultivation-area FF&E, with the transaction structured as an installed sale through construction. Located at 84811 Ave 48 in Coachella, California, the facility is part of the second phase of the Coachella Cann Park developments.

Key Highlights

  • Approximately 125,000 square feet of new improvements on 6.06 acres
  • Sealed Class “A” automated light‑deprivation cannabis greenhouse
  • Executive offices plus trimming, curing, and packaging facilities

Property Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Building Supply Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

153
Businesses Nearby

Demographics for 92236, CA

42,220
Population
12,629
Households
3.3
Avg Household Size
29
Median Age
6%
College-Educated
57%
High-School Grad
61.9 sq mi
ZIP Area
682
Density / Sq Mi
$67,235
Median Household Income
$35,117
Median Earnings
$1,113
Median Rent
$342,500
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Cannabis property - Cannabis cultivation property with corporate offices, processing areas, distribution space, and an automated light-deprivation greenhouse.
Where is this cannabis property located?
The property is located at 84811 Ave 48 Coachella, CA.
What are key features of this property?
This property features: Approximately 125,000 square feet of new improvements on 6.06 acres; Sealed Class “A” automated light‑deprivation cannabis greenhouse; Executive offices plus trimming, curing, and packaging facilities
(760) 779-8827 Call to check price and availability
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