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    OFF-MARKET
    Land

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

    10.11 ac lot
    Property ID
    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
    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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