10 AC, Warehouse, in Cannabis Overlay
Coachella, CA
Asking Price: $4,500,000
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
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% |
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, Broker
paula@dppllc.com
Mobile 760-578-6564
Office 760-360-8200
DRE License #00702492
Ranked #1 in the Coachella Valley for Commercial Real Estate
Rebecca Ramirez, Sales Agent
rebecca@dppllc.com
Mobile 760-333-7170
Office 760-360-8200
DRE License #02050799