65443 Pierson Blvd Desert Hot Springs, CA 92240
- Commercial real estate
- 9.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 65443 Pierson Blvd
- Lot size
- 9.60 lot acres
- Property type
- Commercial real estate
- APN
- 663-250-004 & 663-250-005
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Desert Hot Springs
- County
- Riverside
- State
- California
- Longitude
- -116.52020168411
- Latitude
- 33.961433657423
