Little Morongo Rd Desert Hot Springs, CA 92240
- Land
- 8.48 lot acres
Current Use by Public Records
- Land
Property Details for 0 Little Morongo Rd
- Lot size
- 8.48 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a fully entitled, 122,000 square foot industrial cannabis cultivation park in Desert Hot Springs, California. Situated on over 8 acres (APN: 665-080-006, 665-080-008), this property boasts five state-of-the-art buildings, each meticulously designed for optimal cannabis production. Building sizes range from 16,954 square feet to 30,600 square feet, each featuring dedicated dry rooms, trim rooms, and four flower rooms per building, allowing for bi-weekly harvesting cycles. The property benefits from an approved Conditional Use Permit (CUP) for cannabis cultivation and distribution, streamlining operations and minimizing potential delays. Located in Riverside County, within the progressive city of Desert Hot Springs (zip code 92240), this property capitalizes on the city's established position as a leader in the cannabis industry, offering streamlined permitting, attractive tax incentives, and strong support for cannabis businesses. This prime location, combined with the modern, scalable infrastructure, presents a unique opportunity to establish or expand a high-quality cannabis cultivation operation. The property is owned by an LLC and is offered at $1,499,000. This is a chance to invest in a future-proof asset within a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Desert Hot Springs
- County
- Riverside
- State
- California
- Longitude
- -116.527
- Latitude
- 33.9461
