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Yucca Rd & Otter St - 2.05 Acres Cultivation Zone

2.05 Acres of Commercial Land Offered at £272,553 in Adelanto, CA 92301

Investment Highlights

  • Medical Marijuana Cultivation Zone
  • Seller Financing - No credit requirements
  • Close to utilities

Executive Summary

Zoning: MI - Permits commercial uses such as RV parks, RV sales, restaurants, veterinary hospital, dental and medical offices, marine supply, appliance sales; and industrial uses such as medical laboratories, lumber yard, engine manufacturing, auto lube & tune ups and mini storage, subject to the requirements and development approval of the city of Adelanto. According to the City of Adelanto’s General Plan Land Use & Zoning Map, dated 1/18/18, this Property is also within the Medical Marijuana Cultivation Zone.
Price and Terms: $349,000. After the 35% down payment, the balance can be financed over 5 years at 7.5% interest.

Attachments

2281146 FLYER

Property Facts

Price £272,553
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Hospitality
  • Contractor Storage Yard
  • Industrial Live or Work Unit
  • Warehouse
Total Lot Size 2.05 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £272,553
Price Per AC £132,953
Lot Size 2.05 AC

PRIME 2.05-ACRE MANUFACTURING/INDUSTRIAL ZONED CORNER PROPERTY, WITHIN THE MEDICAL MARIJUANA CULTIVATION ZONE, AT THE SE CORNER OF YUCCA AND OTTER. SITUATED CLOSE TO MAJOR INDUSTRIAL COMPANIES AND INDUSTRIAL PARKS.

Description

Description: This 2.05-acre property is in a prime corner location; situated at the southeast corner of Yucca and Otter, about .20-miles west of widely traveled Koala Rd. The property is also about .50-miles south of Air Expressway, which is the main thoroughfare leading to the Southern California Logistics Airport. The Property is situated about 2.85-miles west of U.S. Highway 395, which is a major U.S. Highway that goes south to San Diego and north to the Canadian Border. There is discussion under way to make Hwy 395 into a major, multi-lane expressway between Adelanto and Kramer Junction. The Property is also about .46-miles west of Rancho Rd, which is an important thoroughfare in Adelanto that leads from Highway 395 to the Adelanto Industrial Parks. These Industrial Parks are about .25- miles west of this 2.05-acre property, and are home to hundreds of industrial companies. The Property lies about 4.2-miles southwest of the Southern California Logistics Airport, which is poised to become of the largest cargo airports in the nation. The Property is in recorded Subdivision Parcel Map 11734. Zoning: MI - Permits commercial uses such as RV parks, RV sales, restaurants, veterinary hospital, dental and medical offices, marine supply, appliance sales; and industrial uses such as medical laboratories, lumber yard, engine manufacturing, auto lube & tune ups and mini storage, subject to the requirements and development approval of the city of Adelanto. According to the City of Adelanto’s General Plan Land Use & Zoning Map, dated 1/18/18, this Property is also within the Medical Marijuana Cultivation Zone. Price and Terms: $349,000. After the 35% down payment, the balance can be financed over 5 years at 7.5% interest.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3210-631-01
Land Assessment
£114,002
Improvements Assessment
£0
Total Assessment
£114,002

zoning

Zoning Code Industrial
Industrial
  • Listing ID: 18141189

  • Date on Market: 09/01/2020

  • Last Updated:

  • Address: Yucca Rd & Otter St, Adelanto, CA 92301

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