22215 Palm Dr Desert Hot Springs, CA 92240
This exceptional 4.58-acre commercial land parcel in Desert Hot Springs, CA (APN 660150011), is offered at $600,000. Boasting 333 feet of frontage on Palm Drive, the off-ramp to Palm Springs International Airport, this flat, usable land presents a remarkable investment opportunity. Zoned W-2, it's ideally suited for a variety of commercial developments, including retail, restaurants, hotels, offices, or storage facilities. The property enjoys stunning mountain views and is conveniently located near utilities. Situated in a rapidly growing area, this location offers easy access to both Desert Hot Springs and the Palm Springs International Airport via Interstate 10. The City of Desert Hot Springs fosters a business-friendly environment. All information should be verified by the buyer. This is a free and clear ownership opportunity.
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.