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00 Pierson Blvd Blvd - 0.20 HDR Pierson Blvd Land 0.2 Acres of Commercial Land Offered at $55,000 in Desert Hot Springs, CA 92240

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INVESTMENT HIGHLIGHTS

High Density Residential Land

Multifamily Land

EXECUTIVE SUMMARY

Property lies in the Mineral Hot Springs Spa Zone with the water temperature reaching 90-120 degrees. Mineral water is described as
containing healing elements as water is flowing from a 600-year-old natural spring well.
Opportunity Zone: Opportunity Zone: Desert Hot Springs is one of the few cities in the Coachella Valley to have received the
designation for Qualified Opportunity Zones. Investors in these areas can experience major tax benefits.

0.20 Acres_DHS_Pierson Blvd_BROCHURE-DM

Plat Map

PROPERTY FACTS

Price	$55,000	Proposed Use	Multifamily Apartment Units
Sale Type	Investment	Total Lot Size	0.20 AC
No. Lots	1	Cross Streets	Mesquite Ave
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial	Zoning	High Density Residential - HDR: District is intended to provide multiple unit residential developments at a minimum density of 15.1 dwelling units per acre up to a max of 30 d/u

Price	$55,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily Apartment Units
Total Lot Size	0.20 AC
Cross Streets	Mesquite Ave
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	High Density Residential - HDR: District is intended to provide multiple unit residential developments at a minimum density of 15.1 dwelling units per acre up to a max of 30 d/u

1 LOT AVAILABLE

Lot

Price	$55,000	Lot Size	0.20 AC
Price Per AC	$275,000.00

Price	$55,000
Price Per AC	$275,000.00
Lot Size	0.20 AC

• High Density Residential in Desert Hot Springs • Riverside County • APN: 639-323-019 • Fee Land • Lot Size: 0.20/ 8,712 square feet • Utilities are in close proximity to subject property. •Property has curb gutter and sidewalk.

DESCRIPTION

Raw land in the path of newer development with utilities in close proximity to the property.

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PROPERTY TAXES

Parcel Number	639-323-019	Improvements Assessment	$0
Land Assessment	$4,926	Total Assessment	$4,926

PROPERTY TAXES

Parcel Number

639-323-019

Land Assessment

$4,926

Improvements Assessment

Total Assessment

$4,926

(760) 779-8823

CONTACT

Danyell Meade
Wilson Meade Commercial Real Estate

Listing ID: 33439650
Date on Market: 10/7/2024
Last Updated:
Address: 00 Pierson Blvd Blvd, Desert Hot Springs, CA 92240

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