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Little Morongo Rd - Vacant Land 33.72 Acres

33.72 Acres of Industrial Land Offered at $2,400,000 in Desert Hot Springs, CA 92240

Investment Highlights

  • Excellent Development Opportunity
  • Desert Hot Springs is a “Business Friendly” city – Average 10-day turnaround on plan check
  • CUP (In Process) to Build (3) Cannabis Buildings Approximately 50,000 SF Each on Approximately 3.5 Acres of the Total 33.72 Acres
  • 3.4 million SF Amazon facility approved 2.5 miles south of site
  • Situated on the Corner of Two Bunch Palms and Little Morongo Rd, Which is a Highly Visible and Easily Accessible to the I-10 Freeway
  • One of The Only Large Industrial Parcels on the Market in Desert Hot Spring

Executive Summary

Price Reduced from $2,800,000 ($1.90/SF) to $2,,400,000 ($1.63/SF)

Property Facts

Price $2,400,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 33.72 AC
Cross Streets Two Bunch Palms
Opportunity Zone Yes

1 Lot Available

Lot

Price $2,400,000
Price Per AC $71,174
Lot Size 33.72 AC

The land is situated on the Corner of Two Bunch Palms and Little Morongo Rd, Which is a Highly Visible and Easily Accessible to the I-10 Freeway to Serve All of Southern California.

Description

The Property is located in the South-West corner of Two Bunch Palms & Little Morongo Rd in the City of Desert Hot Springs.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
666-040-020
Land Assessment
$780,861
Improvements Assessment
$0
Total Assessment
$780,861

zoning

Zoning Code I-L (Light Industrial)
I-L (Light Industrial)
  • Listing ID: 28470187

  • Date on Market: 5/12/2023

  • Last Updated:

  • Address: Little Morongo Rd, Desert Hot Springs, CA 92240

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