19.31 AC 30th Ave & Rio Del Sol, Mirage Pointe Business Park, Thousand Palms
Approved Tentative Map 36108 for 19 lots expires April 2021, Final Map 90% complete
Industrial space vacancy at a record low of 4%
Easy access to Interstate 10 from Bob Hope Drive, 3/4 mile from Interstate 10 and 1 mile from Rancho Mirage – contiguous to Cathedral City
New ordinance allows cannabis related business activity
Flexible Lot sizes from 1 to 10 AC
Great mid valley location
Low cost Imperial Irrigation District Power
Asking Price: $1,675,000 ($1.99/SF
Reduced From: $1,890,000 ($2.25SF)
Location: The property is located at the southeast corner of 30th Avenue & Rio Del Sol In Thousand Palms, CA. Just 3/4 mile from Interstate 10.
Zoning: M-SC (Manufacturing Service Commercial)
General Plan: LI (Light Industrial)
Current Use: Vacant Land
Parcel Size: 19.31 acres (664’ x 1,381’)
APN #: 650-020-031
Conservation Area: No
Utilities: Electric: In Street Water: 36” main line in the east side of Rio Del Sol at the southwest corner of parcel. Sewer: 15” main line in the west side of Rio Del Sol, ending just before the southwest corner of parcel. Gas: 4” PU line on Rio del Sol, end at North Shore St. & 2” PU line on Pet Land Pl, east of Rio del Sol.
Record of Survey: Yes
Comments: Rare opportunity to develop Industrial parcels with services to the site in the center of the Coachella Valley. On October 23, 2018, the Riverside County Board of Supervisors approved Ordinance 348.4898 establishing the permitting process and regulation for commercial cannabis operations. Apply for your CUP for Manufacturing as soon as Dec. 26, 2018 and for a Cultivation & Dispensary permits there will be a merit based application beginning Jan. 1, 2019 for 19 dispensaries & 50 cultivation sites.
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.
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Paula Turner, Broker firstname.lastname@example.org Mobile 760-578-6564 Office 760-360-8200 DRE #00702492
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