10 AC, Warehouse, in Cannabis Overlay

Coachella, CA

Asking Price: $4,500,000

Desert Pacific Properties Cannabis Real Estate
Warehouse on 10 Acres In Cannabis Overlay Back Image

Features

  • Two Buildings:

    • 13,200 s/f Building includes 9,800 s/f warehouse and 3,400 s/f office

    • Additional Office Building with 6 offices on a 2 acre Fenced Yard

  • 7,210 s/f covered Truck Shelter

  • Active Truck Scale

  • 2 additional utility buildings

  • Fully fenced yard, partially paved

  • In cannabis overlay zone

  • Approved CUP and state license for manufacturing and extraction

  • Stubbed out transformers in place for additional power

Asking Price: $4,500,000

Vicinity map

Warehouse on 10 Acres In Cannabis Overlay Back Image

Site Amenities

  • Zoning: M-H (Manufacturing Heavy)
  • General Plan: IL (Light Industrial)
  • Parcel Size / APN: 10 acres / 763-160-012
  • Water: 12” line on Polk and Ave 54
  • Sewer: 15” line on Polk and Ave 54, will serve letter for 1.5MW
  • Gas: 4” line on Polk and Ave 54
  • Power: Main Building: 800 Amps / 480 Volts (Building had 1600 amps, however one year ago owner converted to solar and downsized to 800. Utility company will
    verify ability to increase back to 1600 amps) Modular Building:200 Amp service
  • 23’ Clear Height
  • 5 Grade Level Truck Doors
Expenses Cost/Month
Taxes $654
IID Electric $400
Water & Sewer $500
Repair & Maintenance $1,500
Insurance $500
Trash $175
Labor (80 hrs/mo @$22) $1,760
Admin & Supplies $1,000
Gas Company $60
Total $7,703.month
  ($92,436/yr)
Net Income $159,984/yr
Cap Rate 4%
Warehouse on 10 Acres In Cannabis Overlay Back Image
Warehouse on 10 Acres In Cannabis Overlay Back Image
Warehouse on 10 Acres In Cannabis Overlay Back Image

ref 102820 wm

DISCLAIMER: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions assumptions or estimates used are for example only, and do not represent the current or future performance of the property.

Paula Turner profile photo

Paula Turner, Broker
paula@dppllc.com
Mobile 760-578-6564
Office 760-360-8200
DRE License #00702492

Desert Pacific Properties Cannabis Real Estate

Ranked #1 in the Coachella Valley for Commercial Real Estate

Rebecca Ramirez Profile Photo

Rebecca Ramirez, Sales Agent
rebecca@dppllc.com
Mobile 760-333-7170
Office 760-360-8200
DRE License #02050799