0 Tramway Rd Palm Springs, CA 92262
This unique 10-acre land parcel is situated in the mountains west of Palm Springs, California, in the 92262 zip code. The property, identified by APN 513-040-12, presents a compelling investment opportunity. Currently lacking utilities and road access, the nearest point of access is approximately 1.3 miles away via Tramway Road, which connects to Highway 111 and the Palm Springs Aerial Tramway. Satellite imagery suggests a ridge may traverse the property, potentially offering exceptional panoramic views. The terrain is likely characterized by steep slopes, making development challenging. However, the property's location and size offer significant potential for future development, particularly considering the strategy of accumulating adjacent lots for subsequent luxury home construction, a model successfully employed in upscale areas like Bel Air and Beverly Glen. This 10-acre site presents a rare chance to acquire a substantial piece of land in a desirable location with remarkable views, despite the current lack of infrastructure. GPS coordinates are 33.82480, -116.59228. The asking price is $15,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.