Asking Price: $3,900,000
Ready-to-build turnkey and affordable commercial and retail facilities for cannabis related operations including cultivation, manufacturing, distribution, transportation. Approved for 10 new building totaling 324,610 sf on a 20-acre site located on the southwest corner of Daisy Road and Air Expressway within the City of Adelanto, County of San Bernardino.
World class facilities ready to build: Eight Warehouse buildings total 297,678 sf and 6 are 44,260 sf divided in 2 units each of 22,130 sf and 2 buildings are 12,658 divided into 2 units each of 6,239 sf, all building have 625-779 sf office space each. Ceiling height 20 at center.
Two retail buildings total 26,878 sf and are 14,806 sf & 12,072 sf.
Adopted Mitigated Negative Declaration (MND), Approved Location and Development Plan (LDP 18-15) and Conditional Use Permit (CUP 18-17). Resolution #19-25. Current approval good to 12/18/2021.
This specified industrial zone permits Medical Marijuana Cultivation.
- Property type: Land, Ready to Build
- Exact Land Acreage: 20
- Licensed: Licensed
- Canopy Size in Sqft: 297,678
- APN: 0459-113-03
- Water on Grid: No
- Natural Gas: Near by
City of Adelanto
As California moves toward issuing permits for large-scale medical marijuana cultivation, cities like Adelanto have sought to establish themselves as destinations for growers. The city of Adelanto was among first in California to approve industrial cultivation. The permitted use of Medical Marijuana Cultivation allows use in (MI-Manufacturing / Industrial, LM- Light Manufacturing & ADD – Airport Development District) , specified industrial zones recently increased to about 2,000 Acres. Improved properties and vacant land in the designated area have been selling quickly boosting the city’s economy.
Approximately 4 Million Sq. Ft. of industrial buildings are already in construction for this use, making Adelanto a blossoming industrial growth center.
Adelanto has requested that half of new employees be Adelanto residents. This will ultimately drive more people to relocate to the city thus increasing demand for new homes and ancillary services.
Adelanto has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is higher than the US average.
Term of purchase
- For Sale: $3,900,000
Paul Burrowes – David Lyng Real Estate – DRE#01955563
- ID: 7122
- Published: October 28, 2020
- Last Update: February 25, 2021
- Views: 861