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Property profile & analytics
OFF-MARKET
Land

0 Palm Dr Desert Hot Springs, CA 92240

18.85 ac lot
Property ID
Property summary
AI-generated overview

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)

Property profile
Verified
Property type Land
Lot 18.85 ac (821,106 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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