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Property profile

0 Pierson Blvd & Karen Ave Desert Hot Springs, CA 92240

OFF-MARKET
Land
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10.11 ac lot

Property summary

AI-generated overview

This exceptional 10.11-acre parcel presents a remarkable opportunity for residential development in the thriving Desert Hot Springs area. Located near the burgeoning Skyborne master-planned community (a 2,010-home development), this property benefits from a rapidly growing residential market. The land is zoned W-2 (Controlled Development), offering potential for various residential projects. Its convenient location just off Pierson Boulevard, a major thoroughfare with 20,000 daily vehicles, ensures excellent accessibility. The property enjoys easy access to Highway 62 and Interstate 10, providing seamless connectivity to surrounding areas. The APN is 664-210-029. This prime land offers investors and developers a chance to capitalize on the area's significant growth trajectory. The address is Pierson Blvd & Karen Ave, Desert Hot Springs, CA 92240. The asking price is $250,000. This is a rare opportunity to acquire a substantial residential land holding in a high-demand location.

Property profile

Verified
Property type Land
Lot 10.11 ac (440,392 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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