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Palm Drive & Desert Vw - Palm Drive Commercial
0.33 Acres of Commercial Land Offered at $190,000 USD in Desert Hot Springs, CA 92240
Investment Highlights
- Utilities in the Street
- Regionally accessible via the I-10 freeway
- Opportunity Zone
- 100’ Palm Drive Street Frontage
- Strong demographic characteristics in the surrounding area
Executive Summary
Located in a retail hub centrally located in Desert Hot Springs CA with a traffic count of 24,000+ cars per day. The subject property has many nearby residential developments as well as those currently under construction or in the planning process.
Desert Hot Springs is a vibrant, growing, and innovative City that represents California’s legacy of exploration and discovery. The first City in Southern California to legalize cannabis, Desert Hot Springs embraces and empowers business owners from many industries. At the same time, it offers many enticing qualities for entrepreneurs and residents alike.
The City of Desert Hot Springs is committed to becoming a world class health and wellness destination based upon its famous miracle waters, unique desert ecosystem, spectacular mountain views, and natural environment.
Desert Hot Springs is a vibrant, growing, and innovative City that represents California’s legacy of exploration and discovery. The first City in Southern California to legalize cannabis, Desert Hot Springs embraces and empowers business owners from many industries. At the same time, it offers many enticing qualities for entrepreneurs and residents alike.
The City of Desert Hot Springs is committed to becoming a world class health and wellness destination based upon its famous miracle waters, unique desert ecosystem, spectacular mountain views, and natural environment.
Property Facts
| Price | $190,000 USD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.33 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $190,000 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.33 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $190,000 USD | Lot Size | 0.33 AC |
| Price Per AC | $575,758 USD |
| Price | $190,000 USD |
| Price Per AC | $575,758 USD |
| Lot Size | 0.33 AC |
Generally Flat Topography. Well located, in the heart of Desert Hot Springs. Current zoning allows for many potential uses, see attached OM.
Description
Desert Hot Springs has the 2nd fastest growing population in the Coachella Valley and is booming with new development: Great location in the heart of Desert Hot Springs. https://ecode360.com/43991908#43991908 – Mixed-Use These properties are zoned Mixed-Use Corridor, no specific plans or overlays. We are in the process of updating our code for this district but no substantial changes are proposed. Below is a link to the current code:
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Walk Score ®
Very Walkable (74)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 USD | |
| Land Assessment | $29,966 USD | Total Assessment | $29,966 USD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$29,966 USD
Improvements Assessment
$0 USD
Total Assessment
$29,966 USD
zoning
| Zoning Code | MU-C (higher-intensity, commercially oriented activity with maximum residential densities of 30 dwelling units per acre and/or maximum nonresidential) |
| MU-C (higher-intensity, commercially oriented activity with maximum residential densities of 30 dwelling units per acre and/or maximum nonresidential) |
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Palm Drive & Desert Vw - Palm Drive Commercial
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