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    FOR SALE
    Commercial real estate

    65443 Pierson Blvd, Desert Hot Springs, CA 92240

    9.6 ac lot
    Property ID
    US09-0602727
    Property summary
    AI-generated overview

    This exceptional 9.6-acre (418,176 sq ft) commercial property in Desert Hot Springs, CA, presents a unique investment opportunity. Located at 65443 Pierson Blvd, 92240, this land boasts a desirable hard corner location across from Desert Hot Springs High School. The property is zoned CG-General Commercial (APN: 663-250-004 & 663-250-005) and offers significant potential for various uses. While situated within an AO Flood Zone, a portion of the land (1.81 acres) lies outside this zone, as detailed in the provided offering memorandum. Utilities are readily accessible. Desert Hot Springs benefits from its designation as a Qualified Opportunity Zone, offering potential tax advantages. A concept site plan for multi-family development, provided by the previous owner, suggests a viable path for future development. Prospective buyers are encouraged to conduct their own due diligence to fully assess the property's potential and address the flood zone considerations. This is a rare opportunity to acquire a substantial parcel of land in a growing area of the Coachella Valley.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 9.6 ac (418,176 SF)
    APN 663-250-004 & 663-250-005
    UPID US09-0602727
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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