Property profile

Air Expy Adelanto, CA

OFF-MARKET
Industrial properties
20 ac lot
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Property summary

AI-generated overview

This exceptional 20-acre industrial property in Adelanto, CA, presents a unique opportunity for cannabis cultivation, manufacturing, distribution, and testing. Located on the southwest corner of Daisy Road and Air Expressway, this build-to-suit project boasts a pre-approved Conditional Use Permit (CUP) and complete engineering plans, ready for immediate groundbreaking. The site comprises ten separate parcels, six of which are ideal for constructing individual 44,000-square-foot warehouses. Each warehouse is divisible into two units, and the addition of second-floor mezzanines is possible. The seller offers build-to-suit options on 2-acre parcels. The property features 23-foot ceiling heights at the center of each building, along with included office space and bathrooms. This prime location offers convenient access to Highway 395, Interstate 15, and the California Logistics Airport. Situated within an Opportunity Zone, this property is also strategically positioned for significant future growth. Additional building sites and retail parcels are also available. Joint venture and investor inquiries are welcome.

Property profile

Verified
Property type Industrial properties
Lot 20 ac (871,200 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Air Expy Adelanto, CA
Adelanto metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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