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    Palm Dr Palm Springs, CA 92263

    For Sale
    $10,348,800

    Prime 246-acre development site. High visibility, freeway access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 246.4-acre land parcel presents a unique investment opportunity in Palm Springs, California. Strategically located at the intersection of I-10 and Palm Drive (Gene Autry Trail), this property boasts an unparalleled 1.4 miles of freeway frontage, ensuring maximum visibility and exposure to the high daily traffic volume of 182,000 vehicles on I-10. The site's location at the gateway to Palm Springs, Cathedral City, and Desert Hot Springs offers unmatched accessibility and potential for a wide range of development projects. The property is comprised of multiple parcels (APN: 660-160-015

    Property Features for 0 Palm Dr

    General Information

    Property type
    Land
    Lot Size
    10,733,184 SF

    HighLights

    • I‑10 & Palm Drive/Gene Autry Trail off‑ramp location.
    • Control of all four corners at the key I‑10/Palm Drive‑Gene Autry Interchange.
    • 1.4 miles of I‑10 freeway frontage.
    • High daily I‑10 traffic counts (182,000 vehicles).
    • Exceptional freeway visibility and exposure.
    • Prime location at the gateway to Palm Springs, Cathedral City, and Desert Hot Springs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palm Springs
    County
    Riverside
    State
    California
    Longitude
    -116.5440081
    Latitude
    33.8259597

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    FAQs

    What type of property is this?
    Land - Prime 246-acre development site. High visibility, freeway access.
    Where is this land located?
    The property is located at Palm Dr Palm Springs, CA.
    What is the asking price?
    The asking price for this property is $10,348,800.
    What are key features of this property?
    This property features: I-10 & Palm Drive/Gene Autry Trail off-ramp location.; Control of all four corners at the key I-10/Palm Drive-Gene Autry Interchange.; 1.4 miles of I-10 freeway frontage.
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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
    Palm Dr Palm Springs, CA 92263
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