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    15th Ave Desert Hot Spg Desert Hot Springs, CA 92240

    Sponsored
    For Sale
    $75,000

    Cannabis-Zoned Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.29-acre lot presents a unique investment opportunity in the thriving Desert Hot Springs, CA, industrial park. Situated in Riverside County, with the address of N 15th Avenue, zip code 92240, and APN 665-070-005, this property is zoned I-L, permitting industrial uses, including cannabis cultivation, extraction, and manufacturing. Desert Hot Springs boasts over 1,400 acres zoned for unlimited cannabis operations with Conditional Use Permits (CUPs), making it a leading location in Southern California. The strategic location offers convenient access to Palm Springs and the I-10 freeway, providing seamless distribution throughout Southern California. This land parcel benefits from the absence of a city manufacturing tax, further enhancing its financial appeal. The asking price for this highly sought-after property is $75,000. This represents a compelling investment in a rapidly growing industry within a prime location. The property's proximity to major transportation routes and its zoning designation make it an ideal site for various industrial ventures. Don't miss this chance to acquire a piece of Southern California's burgeoning cannabis industry.

    Property Features for 15th Ave Desert Hot Spg

    General Information

    Property type
    Land
    Lot Size
    12,632 SF

    HighLights

    • $75,000 asking price for 0.29‑acre industrial land parcel.
    • Located in Desert Hot Springs, CA, Riverside County, zip code 92240, at N 15th Avenue.
    • I‑L zoning permitted.
    • APN: 665‑070‑005.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Desert Hot Springs
    County
    Riverside
    State
    California
    Longitude
    -116.5138998
    Latitude
    33.9395642

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    FAQs

    What type of property is this?
    Land - Cannabis-Zoned Lot, Prime Location
    Where is this land located?
    The property is located at 15th Ave Desert Hot Spg Desert Hot Springs, CA.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: $75,000 asking price for 0.29-acre industrial land parcel.; Located in Desert Hot Springs, CA, Riverside County, zip code 92240, at N 15th Avenue.; I-L zoning permitted.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15th Ave Desert Hot Spg Desert Hot Springs, CA 92240
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