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- LoopNet Team
68352 Perez Rd
Cathedral City, CA 92234
Price Reduction | Cannabis Approved Building · Industrial Property For Sale
Property Facts
Amenities
- Signage
About 68352 PEREZ RD , CATHEDRAL CITY, CA 92234
The subject property is an industrial building located in the cultivation and dispensary zone (Green Zone) for Cathedral City. The property qualifies for cannabis distribution, cultivation, testing, and dispensary. The building previously had a cannabis permit assigned to the property in 2018, so obtaining a permit should be able to be available from a user. The subject property is also located in an Opportunity Zone which offers significant tax advantages that other value add properties do not offer. This is a prize location, for testing, distribution, cultivation or dispensary for cannabis. There are several value add opportunities that are inherit in this asset from the tax advantages of being located within an Opportunity Zone to the excess land for development or to sell it after the close.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,043,007 | |
| Land Assessment | $816,181 | Total Assessment | $1,859,188 |
Property Taxes
