Warehouse on 10 Acres
In Cannabis Overlay
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
DESERT HOT SPRINGS
VICINITY MAP
53-800 Polk Street, Coachella, California
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% |
| Tenant | Rent/Month |
| Anthem | $6,000 |
| Crop Production Services | $3,600 |
| Baker, Inc. | $2,900 |
| Environmental Prot. App. | $2,750 |
| Utility Tree Service | $1,400 |
| Ecco (storage) | $975 |
| Growth Dynamics | $900 |
| Juan Rabago | $750 |
| Diversified Energy | $500 |
| Wayne Herling | $500 |
| Seraj Cabinet | $230 |
| Phantom | $165 |
| TNT (storage) | $165 |
| Rent Total | $20,835/month |
| Utility Income | $200 |
| Total | $21,035/mo. ($252,420/yr) |
061520 JC
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 #00702492
Contact our Team for more details
Ranked #1 in the Coachella Valley
for Commercial Real Estate
Susan Harvey, Owner
susan@dppllc.com
Mobile 760-250-8992
Office 760-360-8200
DRE License #00957590