Opening page…
Closed
- Listed price
- $72,000
- Listed Feb 5, 2024
- Sold price
- $58,500
- Sold Dec 2, 2025
108,029 sqft lot00|609 MLS days on market
0 Cabot Rd, Desert Hot Springs, CA 92240
Property Description
Price SLASHED BY MORE THAN HALF - 58% REDUCTION!! Now dramatically repriced from $175,000 to just $72,000—an exceptional opportunity you won’t want to miss! You can't afford to miss this opportunity! Recently annexed into the thriving Cannabis Zone, this competitively priced parcel is located in the Desert Hot Springs Industrial Park, just north of Dillon Road. Positioned strategically in a city embracing the cannabis industry, it boasts a friendly environment and is exempt from manufacturing taxes, making it an optimal investment for cannabis development. Adjacent to Palm Springs with convenient access to I-10, the property offers unparalleled advantages for servicing the entire Southern California market. Recognized as the highest and best use, it is primed for cannabis ventures, benefiting from easy access to well-maintained roads, essential facilities, and close proximity to utilities—buyer verification recommended. Moreover, the owner is open to financing options with favorable terms, enhancing the attractiveness of this opportunity for those aiming to capitalize on the burgeoning cannabis industry. Seize the potential for growth and development in this dynamic location.
Listing agent: Christine CaliDRE #01847132cali@socalirealestate.com, Listing office: KELLER WILLIAMS-LA QUINTA
MLS data updated 11/2/2026, 2:54:28 PM PT
Source: CRMLSMLS #: EV24026031
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$58,500
Dec 2, 2025
Available records32024–2025
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$58,500Closed sale · Dec 2, 2025ZIP 92240 · Dec 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 3 price recordsFeb 5, 2024 – Dec 2, 2025
ZIP 92240 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.