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Off market
  • $3,511,600

    888 E Research Dr, Palm Springs, CA 92262

    --beds
    0baths
    19,322sqft
    MultiFamily
    Built in 1987
    -- sqft lot
    $3,511,600 Zestimate®
    $182/sqft
    $2,585 Estimated rent

    Home value

    $3,511,600

    $2.84M - $4.28M

    $2,585/mo

    Zestimate® history
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    $2,585/mo

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    Rent Zestimate®

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    $22,409/mo

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    $22,409/mo

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    What's special

    This 19,300 sf property with cannabis licenses and a conditional-use permit is ready for cultivation, distribution, type 6 manufacturing, retail dispensary, delivery, and consumption lounge. The building is of high-quality concrete construction. With most of this building's ceiling height at 19 ft, it's ideal for cultivation with opportunity for stacking grow racks. The building is completely vacant and ready for immediate build-out of specific cannabis improvements for the proposed uses. Power upgrade is approved through Southern California Edison. Call or email for details on this cannabis opportunity.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 19,322 sqft

    Property

    Lot
    • Size: 1.27 Acres
    Details
    • Parcel number: 507350011

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1987

    Utilities & green energy

    • Sewer: Other

    Community & HOA

    Location
    • Region: Palm Springs

    Financial & listing details

    • Price per square foot: $182/sqft
    • Tax assessed value: $3,183,623

    Price history

    DateEventPrice
    11/8/2022Sold$3,000,000-37.5%$155/sqft
    Source: Public Record Report a problem
    2/11/2022Listing removed--
    Source: Greater Palm Springs Realtors Report a problem
    1/26/2022Listed for sale$4,800,000+140.6%$248/sqft
    Source: Greater Palm Springs Realtors #219073014 Report a problem
    12/20/2016Sold$1,995,000+600%$103/sqft
    Source: Public Record Report a problem
    12/18/1998Sold$285,000$15/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $3,183,623 +2%
    2025$36,862 -2.6%$3,121,200 +2%
    2024$37,859 -1.9%$3,060,000 +2%
    2023$38,583 +33.9%$3,000,000 +37.5%
    2022$28,825 +2.1%$2,181,821 +2%
    2021$28,239 +4.7%$2,139,041 +1%
    2020$26,961 -2.8%$2,117,109 +2%
    2019$27,729 +6.7%$2,075,598 +2%
    2018$25,994 +1.5%$2,034,900 +2%
    2017$25,609 $1,995,000 +18.2%
    2016$25,609 +23.6%$1,688,320 +1.5%
    2015$20,715 $1,662,962
    Find assessor info on the county website

    Neighborhood: 92262

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,511,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,511,600