Zoning: Light Industrial (designated cultivation zone)

County: Riverside

TaxID/APN: 665030032

Status: Available

Gross Land Area: 5.3 acres

Investment Estimated Price:  $1,000,000

Sale Terms: This parcel is not actually for sale. Owner seeking joint venture partner to develop the land to cultivate marijuana. Investment would have to cover expense of obtaining the Conditional Use Permit (CUP), bringing utilities to the site, erecting the 22,000 sqft prefabricated steel warehouse, obtaining the Regulatory Permit. In return, investor would enjoy a position in the revenue stream. Estimated investment is $1,000,000.