0 Corkill Rd, Desert Hot Springs, CA 92240
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.