Property summary
This exceptional 16,460-square-foot industrial building in Desert Hot Springs, CA, presents a unique investment opportunity. Built in 2023, this two-story structure boasts 12-14-foot ceilings and is zoned I-L. The property features heavy power (1,600 AMPS 3 Phase 480V) and a low price per area of $0.27/SF, inclusive of 24-hour security. Located at 15890 Little Morongo Rd, 92240, this building offers convenient access to the I-10 freeway, serving Southern California. The asking price is $3,640,587, with a price per square foot of $221.18. A significant advantage is the absence of manufacturing tax in Desert Hot Springs. Furthermore, the sale includes a developer-applied micro-business license (Type 12). Tenant improvement CAD plans are available, and financing options exist, including 100% loan assumption for purchase and $2 million in revenue-based financing for build-out. Seven identical 16,460 SF buildings are available in the final phase of this development. The APN is 665-080-012,013. This property is ideal for manufacturing and warehouse operations seeking a modern, well-equipped facility in a strategic location.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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