120 Acres On Pierson & Indian Cyn Dr Desert Hot Springs, CA 92240

Property Details for 120 Acres On Pierson & Indian Cyn Dr

Lot size

119.00 lot acres

Property type

Land

Description

This exceptional 119-acre master-planned development opportunity in Desert Hot Springs, California, presents a unique investment prospect. Located at 120 Acres on Pierson & Indian Canyon Dr., the property boasts a prime location with APN numbers 664-240-002, 664-270-001, and 664-270-002, and is zoned for Mixed Use (MU-N) and Residential Low (R-L) development. The asking price is $10,252,000, translating to a land value of $22,000 per acre. Extensive due diligence has already been completed, significantly reducing risk and accelerating the development process. This comprehensive due diligence package includes an Intention to Annex letter from Mayer Luce Development Group, a Paleontological Resources Assessment Report, an Identification and Evaluation of Historic Properties, a Fiscal Impact Analysis for DHS Annexation, a Biological Constraints Evaluation, a Preliminary Hydrology and Drainage Report, a Traffic Impact Analysis, and Preliminary Geologic and Geotechnical Investigations. Furthermore, a Mission Creek (DHS 120) Conceptual Site Plan package is available. This turnkey opportunity allows for immediate commencement of planning and development, making it an attractive investment for developers seeking a large-scale project in a rapidly growing area. The property's size and zoning provide significant flexibility for a variety of commercial and residential uses, promising substantial returns. This is a rare chance to acquire a fully vetted, large-scale development site in a desirable location. The zip code is 92240, and the property is situated in Riverside County.