High-Visibility Highway Development
For Sale
$1,500,000
73340 Highway 111, Palm Desert, CA 92260
Commercial land parcel with approximately 123' frontage on Highway 111 and prior restaurant development.
Property SizeContact for details
Lot Size0.38 Acres
Days on Market216
Property Features for 73340 Highway 111
General Information
Standard status
Active
Lot size
0.38 Acres
Property subtype
General Commercial
Zoning
DDD
Site & Location
Traffic Count
40,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Amenities
3
Listing Agency:
The Agency
(760) 965-4200
Listed By:
Loran Arvizu
(760) 641-5939
Source:
Xome
Added: Feb 2
Changed: Sep 2
Last Checked: Sep 6 at 5:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency
Investment Insights
Based on property information with market context.
This commercial land parcel is offered for sale at 73340 Highway 111. The property has 123' of frontage facing Highway 111 and was previously developed as a restaurant site. The listing notes that utilities have already been brought to the lot, which may help reduce time and infrastructure needs for redevelopment.
The site is located within the City’s Downtown District Development (DDD) zoning and, per the provided remarks, allows up to three stories of vertical development. The property is positioned along Highway 111, with the remarks stating approximately 40,000 vehicles per day for visibility.
The property is described as suitable for vertical development and, with required city approvals and permits, may support uses such as mixed-use, retail, restaurant, and office, as referenced in the remarks.
The site is located within the City’s Downtown District Development (DDD) zoning and, per the provided remarks, allows up to three stories of vertical development. The property is positioned along Highway 111, with the remarks stating approximately 40,000 vehicles per day for visibility.
The property is described as suitable for vertical development and, with required city approvals and permits, may support uses such as mixed-use, retail, restaurant, and office, as referenced in the remarks.
Key Highlights
- 0.38‑acre commercial development parcel at 73340 Hwy 111 in Palm Desert
- Zoned C1SP / within the City Downtown District Development (DDD) zoning, allowing up to three stories
- Approximately 123' frontage on Highway 111
Property Analytics
Property Profile
Current Use
Lease Details
40,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,656
Businesses Nearby
Explore this area
Business Placement
Demographics for 92260, CA
31,641
Population
21,659
Households
1.5
Avg Household Size
57
Median Age
38%
College-Educated
92%
High-School Grad
31.3 sq mi
ZIP Area
1,011
Density / Sq Mi
$72,252
Median Household Income
$41,810
Median Earnings
$1,654
Median Rent
$463,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land parcel with approximately 123' frontage on Highway 111 and prior restaurant development.
Where is this commercial land located?
The property is located at 73340 Highway 111 Palm Desert, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 0.38‑acre commercial development parcel at 73340 Hwy 111 in Palm Desert; Zoned C1SP / within the City Downtown District Development (DDD) zoning, allowing up to three stories; Approximately 123' frontage on Highway 111
