Off Market
Auction51 Acres
Off Market

645 South Intake Boulevard, Blythe, CA 92225 - Riverside County

Commercial
Static Google Map
Property ID 17909584

Auction Information

Ten-X Online Auction
645 S Intake Blvd, Blythe, CA
09/18/2023, 08:00 AM
Online Bidding SiteExternal Link

51-ACRES CEQA APPROVED & MASTER PLANNED

Century 21 Masters is proud to exclusively present a collection of 51 acres of developable land with California Environmental Quality Act, or CEQA, use permits at 643 S Intake Boulevard. The level lots sit 0.2 miles apart, just 2 miles from downtown Blythe. One parcel includes existing improvements with a 5,000-square-foot industrial warehouse and a single-family house. There has been much capital invested in civil engineering and architectural design, allowing a strategic investor to complete the project and benefit from the existing plans and permitting. Current approvals allow for 12 warehouses of 30,000 square feet each. The full development plan can be reviewed in the data room.

643 S Intake Boulevard has easy access to southern Californias thriving logistics segments and freeway network. The area has shown strong and consistent submarket performance, with industrial rents increasing over 7.7% year over year. There is no new inventory currently under construction, so limited supply-side pressure is ensured.

Blythe is a historic agricultural city in the Palo Verde Valley, sitting approximately 224 miles east of Los Angeles and 150 miles west of Phoenix. The city's major artery is the Interstate 10 transcontinental highway, traveled by more than 30,000 passing vehicles daily, sitting just 0.4 miles from 643 S Intake Boulevard. The property also offers easy access to the Hobson Way retail corridor, just 0.7 miles away. The corridor is home to a high concentration of national retailers, including Starbucks, Del Taco, AutoZone Auto Parts, Rite Aid, and Dollar General.

Riverside County provides a motivating demographic profile of tenants, employees, and customers, with a growing population of over 2,400,000. Over 270,000 daytime employees work in the warehousing, transportation, logistics, and construction sectors, providing a stable labor pool for the development and operation of the site.

643 S Intake Boulevard represents the rare opportunity for an investor to acquire a shovel-ready 51-acre portfolio with CEQA approval and a prime location adjacent to the I-10 transcontinental highway.

Listed by Laura Menendez Derflingher with Century 21 Masters, CA License # 01888217

Location