$3,500,000
SW23028750 MLS Active Status
Prime development opportunity in the rapidly developing city of Nuevo! Situated on a flat corner lot with 1261 feet of frontage, over 18 acres of commercial land (CPS Zoned) and a newly renovated 2500+ square foot Ranch Style home onsite - this uniquely situated property offers endless possibilities! It also sits less than three miles away from the soon to come, Villages of Lakeview which will consist of 8,725 homes on 2883 acres and KB homes Nuevo Meadows is in the process of building another 238 homes less than two miles away. The property is also just minutes from the new 16 mile Mid County Parkway corridor which improves travel between valleys from the I-215 to Route 79. —---- The existing structure is a beautifully renovated residence with new low maintenance landscaping in the backyard, a new sprinkler/irrigation system, brand new electrical, new plumbing and water heater recently installed, new video surveillance system, network connections and more. Recent upgrades and finishes were also completed throughout the house to include paint, drywall, framing, flooring, cabinets, counter tops, appliances and other interior touches. —---- Outside there is a detached three car garage, 2 steel garage barns, city water and all utilities on site and a private well. —---- Some of the many permitted uses include; automobile parts and supply stores, banks and financial institutions, hardware stores, nurseries and garden supply stores, offices and business park, produce markets, schools, business and professional, including art, barber, beauty, dance, drama, music and swimming, gasoline service stations, convenience stores, churches; this property could also be used for commercial cannabis cultivation with a CUP…the list goes on. Schedule a visit today (BY APPOINTMENT ONLY) buyer and broker to verify all information through due diligence.

22060 Olivas Avenue, Nuevo/Lakeview

$3,500,000
4 Beds 3 Baths SW23027099 MLS Active Status
Prime development opportunity in the rapidly developing city of Nuevo! Situated on a flat corner lot with 1261 feet of frontage, over 18 acres of commercial land (CPS Zoned) and a newly renovated 2500+ square foot Ranch Style home onsite - this uniquely situated property offers endless possibilities! It also sits less than three miles away from the soon to come, Villages of Lakeview which will consist of 8,725 homes on 2883 acres and KB homes Nuevo Meadows is in the process of building another 238 homes less than two miles away. The property is also just minutes from the new 16 mile Mid County Parkway corridor which improves travel between valleys from the I-215 to Route 79. —---- The existing structure is a beautifully renovated residence with new low maintenance landscaping in the backyard, a new sprinkler/irrigation system, brand new electrical, new plumbing and water heater recently installed, new video surveillance system, network connections and more. Recent upgrades and finishes were also completed throughout the house to include paint, drywall, framing, flooring, cabinets, counter tops, appliances and other interior touches. —---- Outside there is a detached three car garage, 2 steel garage barns, city water and all utilities on site and a private well. —---- Some of the many permitted uses include; automobile parts and supply stores, banks and financial institutions, hardware stores, nurseries and garden supply stores, offices and business park, produce markets, schools, business and professional, including art, barber, beauty, dance, drama, music and swimming, gasoline service stations, convenience stores, churches; this property could also be used for commercial cannabis cultivation with a CUP…the list goes on. Schedule a visit today (BY APPOINTMENT ONLY) buyer and broker to verify all information through due diligence.

22060 Olivas Avenue, Nuevo/Lakeview

$3,250,000
219109691PS MLS Active Status
$250,000 Price Reduction! The Firm Brokerage is pleased to present a remarkable 34,655 SF Date Processing Facility sitting on 11.42 Acres in Thermal. This expansive property includes over 18,000 SF of versatile warehouse space (which includes approximately $1M worth of date processing equipment - inquire for inventory list), 10,000 SF of cold storage, over 2,000 SF of private office space, along with dying rooms, steam rooms, and more. Additionally, there are three single family homes on-site, two of which are rented on month-to-month terms. Encompassing the remainder of this property is over 7.5 Acres of Medjool date trees ranging from 3-20 ft tall, which annually produce approximately 25,000 pounds of fruit. This facility was annually processing around 4.5 million pounds of dates per year, and was designed to handle up to 6 million pounds per year. Propane and natural gas are readily available, along with IID Power which offers the cheapest electricity in the valley. This property is situated within the opportunity zone, allowing for a number of advantageous tax incentives. Whether you continue the use of this property as a date packing facility with all of the infrastructure, equipment, and trees ready to go, or operate under a different use, this property is configured to effectively handle a wide range of businesses and uses. This zoning also allows for cannabis uses including cultivation, manufacturing, distribution, and more.

82291 61st Avenue, Thermal

$1,950,000
219112526DA MLS Active Status
This commercial income investment offers a robust Cap Rate of 8.5% with minimal operating expenses and has maintained 100% rental occupancy over the past 24 months. The property features a 6,250 SF building situated on an 18,730 SF lot, providing approximately 20 parking spaces. Building is in full compliance with ADA codes.The building comprises two suites of approximately 1,185 SF and 5,065 SF, including common areas. It currently houses two tenants: a Barber/Hair Salon and a Cannabis Testing Lab. The hair salon's lease is month to month, asking for a new 5 year lease, while the Cannabis Testing Lab has 3-year lease, started May 1st 2024, rent is $14,490 monthly. Starting May 1st 2025 next 2 years rent reduces to $10,500 monthly. This well-maintained building has undergone extensive remodeling inside and out to accommodate the cannabis testing lab. The Lab owner has spent over $500,000 on improvements Including new flooring, upgraded electrical panel, wiring, and lighting throughout, with new plumbing, new A/C units and duct work, and a new roof. Tenants are responsible for their own repairs and maintenance.The property includes five bathrooms, break rooms, storage areas, newly built-in trash containers, and landscaped areas. It is ideally located on Date Palm Drive in the heart of Cathedral City.The location is surrounded by commercial amenities such as Starbucks, Applebee's, AutoZone, El Pollo Loco, and is near Palm Springs Airport and the I-10 freeway.

32475 Date Palm Drive, Cathedral City

$1,800,000
SW24093843 MLS Active Status
Lucrative cannabis cultivation facility opportunity. With the pre-application review already in process and favorable comments from the planning department, much of the groundwork has been laid for a seamless transition into development. This significantly streamlines the process for potential buyers, saving valuable time and resources. The seller is offering favorable financing terms with 30% down payment, making the acquisition of this property more accessible. Terms are negotiable, providing flexibility to suit individual needs. Properties with zoning allowances for cannabis cultivation in prime locations are scarce in the surrounding area. Seize the opportunity to secure a valuable asset in a growing industry with high demand. Domestic and agricultural water meters are already installed on the property. With the cannabis industry showing no signs of slowing down, investing in a cultivation facility offers the potential for substantial returns. Take advantage of the increasing demand for cannabis products and capitalize on the limited availability of suitable properties in prime locations. Don't miss out on the chance to transform this property into a thriving cash machine within the rapidly expanding cannabis market. With pre-application review underway, favorable financing options, and essential infrastructure already in place, this opportunity is primed for success. Act now to secure your position in this lucrative industry.

25350 California Ave., Hemet

$1,600,000
SB23118101 MLS Active Status
A remarkable opportunity awaits in the bustling Cathedral City GREEN ZONE—an established Opportunity Zone—with this 6,214 sq. ft. industrial asset set on a 17,424 sq. ft. lot. Occupied by a solid Auto Body Shop under a 5-year NNN lease, this investment assures an unburdened cash flow, with the tenant responsible for all property expenses including taxes, insurance, and maintenance. The lease comes with a 5% + CPI annual increase clause, promising a rising income stream that maximizes your investment year over year. The NNN structure of the lease underscores a hassle-free investment, allowing you to enjoy the full benefits of the property's earnings without the need for hands-on management. Nestled in a pro-cannabis city, the property offers versatile use, whether you choose to continue with the existing auto body shop or explore opportunities in the evolving cannabis sector. Its prime location in an Opportunity Zone not only fosters operational growth but also amplifies fiscal gains through potential tax benefits. With a commitment to providing financial clarity and transparency, the comprehensive rent roll will be disclosed to interested buyers, outlining the structured progression of returns. This property is a testament to enduring value and potential in the heart of Cathedral City's industrial district. Seize this exclusive chance to integrate a truly turnkey asset into your investment portfolio. Discover the intersection of secure tenancy, financial growth, and strategic location with this industrial offering in Cathedral City.

68686 Summit Drive, Cathedral City

$23,000
EV24125480 MLS Active Status
**Prime Development Opportunity in Cathedral City, CA** Discover an exceptional investment opportunity with this versatile parcel of land located just off E. Ramon Rd. Zoned R2 - CBP-2 (Commercial Business Park) Zoning District, this property offers a myriad of development possibilities that cater to business needs. This designation is intended for light industrial and related uses which are compatible with one another, as well as with neighboring residential and commercial uses. Other potentially appropriate uses include professional offices, including administrative, corporate, institutional, legal, medical, financial, insurance, real estate, and government offices. This designation also allows the cultivation, sale and in some cases manufacture of cannabis and related products with approval of a discretionary permit. Situated in a vibrant community, this prime location benefits from proximity to major businesses and residential communities. Nearby amenities include shopping centers, restaurants, and recreational facilities, ensuring convenience and a high quality of life for future residents or service users. The property is close to popular establishments such as the Palm Springs International Airport, the Cathedral City Marketplace, and the Desert Princess Country Club. Additionally, it is surrounded by established neighborhoods, providing a strong community feel and demand for various services. This strategically located parcel offers easy access to major highways, enhancing connectivity and appeal for potential developments. Whether you envision creating essential services for the community, developing residential solutions, or a combination of both, this property provides the flexibility to bring your vision to life. Don’t miss out on this unique opportunity to invest in a highly adaptable piece of real estate in Cathedral City.

San Juan Trail, Cathedral City

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Cannabis Real Estate in Riverside County: Riverside launched a robust commercial cannabis program in December 2018. The County only covers unincorporated Riverside, and you'll need to coordinate with your city officials if you fall in a municipal district as they have their own regulations. You can apply for permits to build ground up or buy existing businesses of nearly any type: cannabis retail facilities, mixed light and indoor cultivation, microbusiness and cannabis events permits.