Margot Murphy Way
Cathedral City, CA 92264

Description

HWY. 111 Cannabis Cultivation Center is one of the few approved cannabis cultivation centers in the area with proper licenses and with access to utilities. The property has sufficient Infrastructure, is zoned PCC which allows MMC Cultivation. Phase I will ultimately become (2) separate parcels of land, each approximately one (1) acre per parcel for each building; Buildings A & B total approximately 50,197 square feet of buildings at build-out, with planned 10,000 square feet of canopy for building A, and 20,000 square feet of canopy for building B. The ownership has retained two Marijuana Cultivation licenses from the city of Cathedral City for the subject property inclusive of Conditional Use permits for buildings A and B. (APN 687-510-055 also included)

Details

MLS#219008469DA
Sub-TypeResale
StatusActive
Days On Site34

Features

Acreage5.92

Market Activity 92264

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Area Information

StateCA
CountyRiverside
CityCathedral City
Zip Code92264
Area336 - Cathedral City South
Listing VS Median (in 92264)
Price:
$3,600,000
low | high
Med:
$349,000
100% of Average
On Site:
34
low | high
Med:
107
31.775700934579% of Average
Listing Updated: 04/21/2019
MLS Number: 219008469DA
Listing Provided By:
Erik Christianson  of  The Hoffman Company
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