Tramway Rd Palm Springs, CA 92262
- Land
- 10.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Tramway Rd
- Lot size
- 10.00 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Springs
- County
- Riverside
- State
- California
- Longitude
- -116.592
- Latitude
- 33.8248
