0 Palm Dr Desert Hot Springs, CA 92240
This exceptional 18.85-acre commercial land parcel in Desert Hot Springs, CA, presents a remarkable investment opportunity. Strategically located on Palm Drive, a major thoroughfare boasting an average daily traffic count of 53,500 vehicles, this property offers unparalleled visibility and accessibility. The land is comprised of two lots, with the frontage along Palm Drive zoned for commercial/retail uses, including drive-thru restaurants, medical facilities, convenience stores, and grocery stores. The western half is zoned C-BP (Business Park), permitting a wider range of uses such as administrative offices, professional offices, limited industrial spaces, medical facilities, research facilities, storage, and warehouses (Conditional Use Permit required). This prime location is just blocks from a new city library, post office, and numerous established retail businesses including Grocery Outlet, Vons, Starbucks, Walgreens, Wells Fargo, Subway, and McDonald's. Enjoy convenient access to Interstate 10 via Palm Drive and proximity to Palm Springs and other nearby desert cities. The property's APN is 657-050-002, 657-060-004. Asking price is $990,000. Zoning: C-BP (Business Park)
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
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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.