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    Gerald Ford Dr Palm Desert, CA 92211

    Sponsored
    For Sale
    $4,750,000

    Prime location, high-growth area, multiple uses

    Property size:
    100,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity in Palm Desert, CA, featuring a 6.1-acre lot with potential for 100,000-150,000 square feet of development. This two-story property is zoned Service Industrial (SI), allowing for diverse uses including medical office, flex space, manufacturing, distribution, R&D, retail, mini-storage, and multi-family. Previously entitled for 100,000+ square feet of mixed-use office/commercial space, this site boasts excellent freeway visibility along Interstate 10, experiencing over 120,000 cars daily. Its strategic location near the new Cal State campus, future expansion projects, hospitality venues, restaurants, entertainment options, and medical facilities ensures high demand and strong potential for return on investment. High-speed internet access is provided by Verizon Fios and Time Warner. The asking price is $4,750,000. This property presents a unique chance to capitalize on the vibrant and rapidly expanding Coachella Valley market. The site's versatility and prime location make it an ideal investment for developers and businesses seeking a prominent presence in this thriving area. Consider the potential for a car storage facility with a clubhouse, as envisioned by a recent proposal.

    Property Features for 0 Gerald Ford Dr

    General Information

    Property type
    Medical offices
    Square Feet
    100,000 SF
    Lot Size
    265,716 SF

    Building Details

    Stories
    2

    HighLights

    • 100,000‑150,000 SF of industrial, flex, office, or mini‑storage space available.
    • High‑visibility location on Interstate 10, with over 120,000 vehicles passing daily.
    • Adjacent to a new Cal State campus and planned expansion.
    • Excellent proximity to hospitality, industrial, restaurant, entertainment, and medical facilities.
    • High‑speed internet access via Verizon Fios and Time Warner Cable.
    • Near the future Coachella Valley Arena.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Palm Desert
    County
    Riverside
    State
    California
    Longitude
    -116.3708626
    Latitude
    33.7871846

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    FAQs

    What type of property is this?
    Medical office - Prime location, high-growth area, multiple uses
    Where is this medical office located?
    The property is located at Gerald Ford Dr Palm Desert, CA.
    What is the asking price?
    The asking price for this property is $4,750,000.
    What are key features of this property?
    This property features: 100,000-150,000 SF of industrial, flex, office, or mini-storage space available.; High-visibility location on Interstate 10, with over 120,000 vehicles passing daily.; Adjacent to a new Cal State campus and planned expansion.
    Request Owner's contact information
    Gerald Ford Dr Palm Desert, CA 92211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Gerald Ford Dr Palm Desert, CA 92211
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