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00 Air Expressway
2 Acre Commercial Land Lots Offered at £3,904,426 Per Lot in Adelanto, CA 92301
Investment Highlights
- In close proximity to highway 395
Executive Summary
County of San Bernardino. There are 6 lots that can build individual warehouses at 44,000sf each. Each 44,000 sq ft, can be divided into 2 units if desired and a second-floor mezzanines can also be added. The seller will build-to-suit on 2 acres for $4,990,000 each. Project inquiries for JV and investors welcome. Other building sites and retail also available.
Final Project will Include: 8 warehouse buildings total 297,678 sf, 6 warehouses are 44,260 sf and can be divided into 2 units each at 22,130 sf ±2 acre lots. 2 warehouse buildings at 12,658 sf, can be divided into 2 units each at 6,239 sf ±1.23 acre lots. All buildings have office space plus bathroom. Ceiling height 23’ at center. 2 retail buildings total 26,932 sf and are 14,806 and 12,072 each on ±1.25 acre lots. Located in the Opportunity Zone on the southwest corner of Daisy Road and Air Expressway within the City of Adelanto, County of San Bernardino. Close to highway 395, freeway 15 and California Logistics Airport. The city has low tax on cannabis.
Property Facts
| Price | £3,904,426 - £7,808,851 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Agricultural |
| Sale Conditions | Design & Build | Total Lot Size | 4.00 AC |
| No. Lots | 2 | Cross Streets | Daisy |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | £3,904,426 - £7,808,851 |
| Sale Type | Investment |
| Sale Conditions | Design & Build |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Agricultural |
| Total Lot Size | 4.00 AC |
| Cross Streets | Daisy |
| Opportunity Zone |
Yes |
2 Lots Available
Lot
| Price | £3,904,426 | Lot Size | 2.00 AC |
| Price Per AC | £1,952,213 |
| Price | £3,904,426 |
| Price Per AC | £1,952,213 |
| Lot Size | 2.00 AC |
Ready-to-build world-class Cannabis complex for cultivation, manufacturing, distribution, and testing. CUP approved, all engineering plans have been approved and ready to break ground.
Lot
| Price | £3,904,426 | Lot Size | 2.00 AC |
| Price Per AC | £1,952,213 |
| Price | £3,904,426 |
| Price Per AC | £1,952,213 |
| Lot Size | 2.00 AC |
Ready-to-build world-class Cannabis complex for cultivation, manufacturing, distribution, and testing. CUP approved, all engineering plans have been approved and ready to break ground.
Description
Ø Eight warehouse buildings total 297,678 sf Ø 6 warehouses at 44,260 sf , can be divided into 2 units each at 22,130 sf ± 2 acre lots. Ø 2 warehouse buildings at 12,658 sf , can be divided into 2 units each at 6,239 sf ± 1.23 acre lots. Ø All buildings have between 625-779 sf office space each plus bathroom. Ø Ceiling height 23’ at center. Total Warehouse parking 420 spaces plus bicycle parking. Ø 2 retail buildings total 26,932 sf and are 14,806 and 12,072 each on ±1.25 acre lots. Ø Total Retail parking 77 spaces. Two – 2 Acre Parcels with Completed Building and utility Stub Ups - $4,990,000 each 50% down and Two Progress Payments of 25% Estimated time to completion – 9 months After Build-Out Value $6.5M - $7.5M per building Additional Lots available for expansion (pricing available) JV and Investor Inquiries welcome
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £27,135 | Total Assessment | £27,135 |
PROPERTY TAXES
zoning
| Zoning Code | LM (Zoned for Cannabis) |
| LM (Zoned for Cannabis) |
Presented by
00 Air Expressway
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