I-10 Logistics Corridor Palm Springs, CA 92282
- Land
- 71.50 lot acres
Current Use by Public Records
- Land
Property Details for I-10 Logistics Corridor
- Lot size
- 71.50 lot acres
- Property type
- Land
Description
This expansive 71.5-acre parcel, located in the City of Whitewater, Riverside County, California (APN 516-090-005), presents a remarkable investment opportunity. Situated on the south side of Interstate 10 at Exit 114, this property boasts unparalleled access to major transportation arteries, with an impressive daily traffic count of 176,000 vehicles. Zoned O-5, the land is ideally suited for a variety of commercial developments, including distribution centers, fulfillment centers, or cannabis facilities. Its strategic location also makes it an attractive site for an outlet mall or other freeway-adjacent commercial ventures. The asking price is $9,312,475, translating to a land value of $2.99 per square foot. This represents a unique chance to capitalize on the burgeoning growth in the Palm Springs/Coachella Valley area, particularly given its proximity to the first full Palm Springs/Coachella I-10 interchange coming from Los Angeles. The property's size and location offer significant potential for substantial returns. This is a rare opportunity to acquire a large, strategically located parcel in a high-growth area. Don't miss out on this exceptional investment prospect.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Springs
- County
- Riverside
- State
- California
- Longitude
- -116.654
- Latitude
- 33.9101