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Cook Street & Gerald Ford Dr 1.39 Acres of Commercial Land Offered at $908,500 in Palm Desert, CA 92211


EXECUTIVE SUMMARY
PROPERTY FACTS
Price | $908,500 | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | Office |
No. Lots | 1 | Total Lot Size | 1.39 AC |
Property Type | Land | Zoning | Planned Commercial-2 |
Price | $908,500 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Office |
Total Lot Size | 1.39 AC |
Zoning | Planned Commercial-2 |
1 LOT AVAILABLE
Lot
Price | $908,500 | Lot Size | 1.39 AC |
Price Per AC | $653,597.12 |
Price | $908,500 |
Price Per AC | $653,597.12 |
Lot Size | 1.39 AC |
This is a 1.39 acre parcel that features utilities stubbed to the site, paved roads, curbs, and lights. IID Power is the electricity provider.
DESCRIPTION
The property can be developed for a variety of office uses, retail uses, and specialized uses like financial institutions, health clubs, recreational facilities, theaters, auditoriums, and more. Conditional Use Permit allows for churches, restaurants, and more. An overlay allows for select storage, but in combination with an approved use. EXAMPLE: A solar company constructs a building that features office for their administrative needs, and warehouse for storage of solar panels, equipment, and inventory. No manufacturing can be done there. Immediate neighbors are Kaiser Permanente Hospital, California Teachers Association, and Ambrosia Healthcare. In the vicinity are Cal State-San Bernardino Palm Desert Campus, University of Riverside-Palm Desert campus, and University Village. Talks are underway for a permanent Cal State University campus to be located here. This is an attractive opportunity to buy land and construct either a spec' building for lease or an owner/user's building that will benefit from freeway exposure, and access to the I-10 freeway by way of the Cook Street exit.
PROPERTY TAXES
Parcel Number | 694-180-019 | Improvements Assessment | $0 |
Land Assessment | $555,497 | Total Assessment | $555,497 |
PROPERTY TAXES
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Cook Street & Gerald Ford Dr
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