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Property profile & analytics
OFF-MARKET
Land

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

0.29 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 0.29 ac (12,632 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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