Industrial Facility with Cannabis
For Sale
$8,400,000
9486 Holly Road, Adelanto, CA 92301
COMMERCIAL - Adelanto, CA
Property Size48,410 SF
Lot Size4.66 Acres
Price / SF$173.52
Days on Market94
Property Features for 9486 Holly Road
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
West on Rancho Rd, Left of Koala Rd, Right on Holly Rd.
Subdivision
ADL - Adelanto
Standard status
Active
APN
3129261460000
Lot size
4.66 Acres
Building Details
Year built
1997
Listing Agency:
Coldwell Banker Commercial Rea · Coldwell Banker Real Estate
(760) 684-8000
Listed By:
Steven Thompson · License #01963261
(760) 684-8000
Added: Apr 30
Changed: Jul 6
Last Checked: Aug 1 at 12:06AM
MLS# HD26093530
Copyright © 2026 California Regional Multiple Listing Service, Inc. 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.
9486 Holly Road is a fully improved industrial campus totaling approximately 48,410 SF across five buildings on about 4.66 acres in Adelanto. The main building is approximately 35,900 SF and was fully renovated in 2022, with upgraded office and production areas. A separate trimming building totals approximately 12,510 SF and includes office and production space as well. Both the main and trimming buildings offer dock-high and ground-level loading, sprinklered improvements, and robust mechanical systems including heavy HVAC and refrigeration. The property also includes full site grading, a city-compliant stormwater retention system, and concrete paving, supported by secure, fully fenced access.
The site is zoned Manufacturing/Industrial (MI). Power is a core strength, with 800 amps of existing 3-phase service and approved capacity for up to 4,000 amps, positioning the campus for manufacturing, distribution, or cannabis-related operations within the High Desert region. Outdoor improvements include a paved yard and ample on-site parking totaling 137 spaces (2.10/1,000 SF).
With 20'-24' ceiling heights in the main building and 21' in the trimming building, the layout supports specialized industrial use. The current offering is described as a flexible, capital-upgraded setup that has been used previously by a cannabis operator, including features referenced in the remarks such as drying kilns. The property is currently vacant and available for owner-user or operational tenants seeking an industrial site with substantial utility capacity and loading capabilities.
The site is zoned Manufacturing/Industrial (MI). Power is a core strength, with 800 amps of existing 3-phase service and approved capacity for up to 4,000 amps, positioning the campus for manufacturing, distribution, or cannabis-related operations within the High Desert region. Outdoor improvements include a paved yard and ample on-site parking totaling 137 spaces (2.10/1,000 SF).
With 20'-24' ceiling heights in the main building and 21' in the trimming building, the layout supports specialized industrial use. The current offering is described as a flexible, capital-upgraded setup that has been used previously by a cannabis operator, including features referenced in the remarks such as drying kilns. The property is currently vacant and available for owner-user or operational tenants seeking an industrial site with substantial utility capacity and loading capabilities.
Key Highlights
- ±48,410 SF industrial facility on ±4.66 acres in Adelanto (High Desert, San Bernardino County)
- Five‑building campus including a fully renovated ±35,900 SF main building and a ±12,510 SF trimming building
- Manufacturing/industrial zoning (MI) with dock‑high and ground‑level loading plus interior loading dock
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $604.2k | $12.48 |
| − Vacancy | −$36.2k | −$0.75 |
| EGI | $567.9k | $11.73 |
| − OpEx | −$85.2k | −$1.76 |
| NOI | $482.7k | $9.97 |
48,410 SF · lease $12.48/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$6.90M
$6.03M – $8.05M
NOI $482,721 @ 7.0% cap · market cap 5.75%
Second Best
Industrial
$5.68M
$4.97M – $6.63M
NOI $397,535 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$10.21M
$8.93M – $11.91M
NOI $714,796 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
24 ft
Clear height
Turnkey business
Opportunity
Yes
Heavy power
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 92301, CA
38,912
Population
10,069
Households
3.9
Avg Household Size
29
Median Age
8%
College-Educated
73%
High-School Grad
224.8 sq mi
ZIP Area
173
Density / Sq Mi
$68,205
Median Household Income
$35,172
Median Earnings
$1,385
Median Rent
$316,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Turnkey multi-building property with dock loading, heavy HVAC, and 3-phase power capacity for manufacturing or cannabis operations.
Where is this manufacturing property located?
The property is located at 9486 Holly Road Adelanto, CA.
What is the asking price?
The asking price for this property is $8,400,000.
What are key features of this property?
This property features: ±48,410 SF industrial facility on ±4.66 acres in Adelanto (High Desert, San Bernardino County); Five‑building campus including a fully renovated ±35,900 SF main building and a ±12,510 SF trimming building; Manufacturing/industrial zoning (MI) with dock‑high and ground‑level loading plus interior loading dock
