Property profile

0 Palm Canyon Dr Borrego Springs, CA 92004

OFF-MARKET
Land
79 ac lot
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Property summary

AI-generated overview

This exceptional 79-acre parcel presents a unique investment opportunity in the desirable Borrego Springs area of San Diego County, California. Located at 0 Palm Canyon Drive, zip code 92004, the property boasts a strategic location and significant development potential. The land is zoned RMH4 and is identified by Assessor's Parcel Number (APN) 141-210-47-00. Existing entitlements include San Diego Tract 4470-1 (Map 12750). The General Plan designates the entitled portion as Village Residential 4.3, while the northern portion falls under Village Residential 2 zoning. This translates to a compelling opportunity for residential development. The asking price for this expansive property is $525,000, representing an attractive price per acre of $6,645. Given its size, zoning, and location, this land offers substantial upside for discerning investors seeking a foothold in the thriving Borrego Springs real estate market. Detailed information on entitlements and zoning is readily available upon request. Don't miss this chance to acquire a significant land holding in a highly sought-after California location.

Property profile

Verified
Property type Land
Lot 79 ac (3,441,240 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Palm Canyon Dr Borrego Springs, CA 92004
Borrego Springs metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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