Multi-Family Development Parcel

Vacant Land for Sale
Catylist Listing ID: 30356728
Property Subtypes: Multi-Family
Gross Land Area: 5 Acres
Sale Price: $1,950,000
Unit Price: $390,000 Per Acre
Sale Terms: Cash to Seller
Last Updated: 12/5/2018

Overview / Comments

Motivated seller wants to move this property as it is no longer in their long term plans. Great 5 acre corner location zoned for multi-family. Within minutes of downtown Palm Springs or the Palm Springs International Airport. Easy access to either Palm Canyon Drive or Indian Canyon Drive. Palm Springs is short on apartment units for local residents.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Taxing Authority: City of Palm Springs/Riverside County
Tax ID/APN: 669-420-019, 011, 014
Zoning: R2
Property Located Between: Corner of San Raphael & McCarthy
Property Visibility: Excellent
Largest Nearby Street: N. Palm Canyon Drive
Feet of Frontage: 444
Highway Access: I-10 to the north via either N. Palm Canyon Drive or N. Indian Canyon Drive.
Airports: Palm Springs International Airport two minutes away.
Site Description: Level, rectangular site ready to be developed.
Area Description: Primarily residential with limited industrial to the east.
Lot Frontage: 444
Lot Depth: 472
Zoning Description: R-2 Multi Family
Topography: Level
Easements Description: Buyer to verify
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,103 30,455 65,089
Median Age: 42.8 45.74 44.92
Households: 3,670 14,072 28,685

Contact

Photograph of Listing Agent

John Stiles

Stiles & Associates
DACIE Member

Sponsoring Organization

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