Highway 111 Palm Desert Vacant Parcel

Vacant Land for Sale
Catylist Listing ID: 30666819
Property Subtypes: Retail
Gross Land Area: 17,424 SF
Sale Price: $950,000
Unit Price: $54.52 PSF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/19/2020

Overview / Comments

One of the last remaining commercial vacant parcels on Highway 111 in Palm Desert. Located on the north west corner of highway 111 and San Luis Rey this vacant land is a perfect opportunity for a wide range of businesses. For years this parcel has been the local Christmas tree lot and what a gift this land would be for the right development.

The City of Palm Desert prohibits Drive thru restaurants along the Highway 111 corridor in Palm Desert so unfortunately even though this parcel would be perfect for drive thru, they are not allowed.

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 627173009
Zoning: C-1
Property Located Between: Northwest corner of Highway 111 & San Luis Rey
Property Visibility: Excellent
Largest Nearby Street: Highway 111

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,268 38,666 97,229
Median Age: 43.25 51.58 51.19
Households: 6,546 18,486 45,434

Contact

Photograph of Listing Agent

Matthew Longstreth

Baxley Properties
DACIE Member

Sponsoring Organization

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