M 1 Industrial, Marijuana Parcel, near Cal City Airport


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Location-
   3/4 mile SW of California City Airport
     
Area-
   California City
     
Acres-
  

19.16 acres
     
APN-
  

302- 412- 07
     
Zoning-
   Industrial, California City
     
Topography-
   flat
     
Dimensions-
   656’ x 1,247’    
     
Utilities-
   none to property
     
Price-
   $225,000
     
Existing Notes-
   free & clear
     
Terms-
   all cash
     
Remarks-
  

Located 3/4 mile SW of the California City Municipal Airport. Zoned industrial by the California City. Located on a dirt road, no utilities. Since November of 2016, when the cannabis business became a legal industry in California, California City has licensed, regulated, and invited in the Marijuana industry. This includes licensing, regulating, and taxation of the industry. Industry licenses includes growing and cultivation, processing and manufacturing, and transportation and distribution. Parcel has tremendous potential as a legacy or land banking candidate.

Please note the comparable sale next door at $475,000 in Sept 2017. Subject parcel is being offered at a price that is $175,000 lower.

Owners have expressed a desire for a faster sale and will carry a note.

The CC Municipal Airport covers 245 acres, has one asphalt runway that is 6,027 feet long, and is operated by California City. Local owners use it to park and refuel their private planes. The airport is open to the public and has a restaurant as well.

California City was incorporated in 1965 and has its own city services, including police force, fire department, K-12 schools, and parks and recreation. The schools are part of the Mojave Unified School District. California City is a master planned commmunity with over 52,000 lots. In terms of square miles, is California’s 3rd largest city. CC totals 203 square miles and is 2,400 feet above sea level. California City’s population at the 2010 census was 14,120, up +68% vs the 2000 census.

Highest & Best use: cannabis / marijuana business, or hold for investment

Buyer and buyer’s agent to verify all information provided herein by listing broker.

     
Safety and Cautions-
   Anyone inspecting, or walking on the property, off the road, should be aware that rattlesnakes and other desert wild life could be in the area. Be careful and use common sense!   
     
Directions to Property-
  

North on Hwy 14 to Mojave. Once through Mojave, bear left and go through downtown Mojave. Take Hwy 14 towards Ridgecrest & California City. Proceed north on Hwy 14 for 5 miles to California City Blvd. Turn right (E) on CC Blvd and go 5.5 miles to Jamison St, an unmarked dirt road. Use your odometer. Turn left (N) on Jamison St and go 1 mile to Mendiburu, also an unmarked dirt road. Then turn left (W) on Mendiburu and go 700 feet. Stop. You are now at the approximate NE corner of subject property.