E Rio Del Sol, Thousand Palms, CA 92276

$1,675,000
List Price
$1,675,000
Price Change
▼ $215,000 1573603736
Status
ACTIVE
MLS#
218020552
Lot Size
841,144
Days on Market
506
Property Type
Multifamily
Neighborhood
Not Applicable

Property Description

JUST REDUCED! Approved Tentative Map 36108 for 19 lots expires April 2021, Final Map 90% complete. Ideal for logistics or last mile distribution services. Industrial space vacancy at a record low of 5%. Easy access to Interstate 10 from Bob Hope Drive, 3/4 mile from Interstate 10 and 1 mile from Rancho Mirage - contiguous to City of Cathedral City. Flexible Lot sizes from 1 to 10 acres. Great mid valley location. Low cost Imperial Irrigation District Power. New ordinance allows cannabis related business activity. 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.

Additional Information

Lot Description
Raw Land
View
Desert
Sewer
Unknown
Water
In Street

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Listing courtesy of Desert Pacific Properties.