0 Gerald Ford Dr Palm Desert, CA 92211

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.