1.37 acre Prime lot next to Palm Springs Airport

Vacant Land for Sale
Catylist Listing ID: 30572362
Property Subtypes: Industrial, Office, Self Storage, Other
Gross Land Area: 1.37 Acres
Sale Price: $650,000
Unit Price: $474,452 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 3/24/2020

Overview / Comments

This is an exciting development opportunity for a rare, prime 1.37 acre lot adjacent to Palm Springs International Airport. All off-site work has been performed and it has been graded. It sits on Research Boulevard (off N. Farrell) in-between AT&T and Frontier Communications, only two (2) miles from downtown Palm Springs. Its M-1P zoning allows a wide range of uses, including professional office buildings, research and development and a wide range of manufacturing.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Taxing Authority: Palm Springs, Riverside County
Tax ID/APN: 507-350-045
Zoning: M-1P
Property Located Between: Off N. Farell Drive between E. Alejo Rd and Tachevah Drive
Property Visibility: Excellent
Legal Description: Being a portion of Lot 7 of Parcel, Map No. 8779-1, in the City of Palm Springs, County of Riverside, State of California, as per plat recorded in Book 46, Page 35 of Parcel Maps
Largest Nearby Street: N Farrell Drive
Highway Access: S of Route 111 and Interstate 10
Airports: Palm Springs International Airport
Site Description: 1.37 acres of prime, undeveloped land zoned for a wide range of uses, including professional office park, research and development and manufacturing
Area Description: In a research and professional office park district, next to AT&T and Frontier Communications
Lot Frontage: 165'
Zoning Description: M-1P
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,283 60,782 97,781
Median Age: 48.21 43.91 43.43
Households: 3,922 26,068 40,574

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