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Property profile

0 Corkill Rd Desert Hot Springs, CA 92240

OFF-MARKET
Land
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20 ac lot

Property summary

AI-generated overview

This exceptional 20-acre parcel presents a unique investment opportunity in the rapidly expanding city of Desert Hot Springs, California. Comprising two contiguous 10-acre lots, this property boasts a flat topography, making it ideal for various development projects. Located off Corkill Road, just north of 20th Avenue, the land offers convenient access and proximity to essential utilities. The property is zoned W-2, allowing for a wide range of permitted uses, providing significant flexibility for future development plans. The expansive acreage provides ample space for a variety of residential projects, while the stunning mountain views add significant aesthetic value. The property's location within the thriving Desert Hot Springs area offers access to a growing community and potential for strong returns on investment. The Assessor's Parcel Numbers (APN) are 659-030-009 and 659-030-011. This raw land presents a compelling opportunity for those seeking a substantial land holding in a desirable and rapidly developing area. The asking price for this remarkable property is $600,000.

Property profile

Verified
Property type Land
Lot 20 ac (871,200 SF)

Cap rate & NOI

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

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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