Agave @ 28

Vacant Land for Sale
Catylist Listing ID: 30390001
Property Subtypes: Residential (Single Family)
Gross Land Area: 181,196 SF
Sale Price: $2,800,000
Unit Price: $15.45 PSF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 4/18/2019

Overview / Comments

Excellent and rare opportunity for affordable single family home lots in Palm Springs. 28 lots sold as a package in the 32 lot community know as 32@Agave. Lots sizes range from 5662 sq. ft. to 8276 sq. ft. This is a fully entitled mapped project if you want to complete the community as the 4 Modern Styled homes that were built in 2005 OR you can develop in a different direction. The 28 lots are all contiguous and walled and gated. Seller is in the process of finishing all on-site and off-site improvements. They will delivered completely finished and ready to build. There are many different possibilities for this property, however there is huge gap in Palm Springs for detached single family homes under $500,000. They do not exist even under $750, 000. The Mountain Views from this site are some of the best in the Valley. In an area of significant growth just minutes from downtown Palm Springs. These lots will be significantly less than any lots being developed in the area. Located in an area of substantial development and growth only minutes from downtown Palm Springs. Seller will consider a take down transaction or you can purchase any multiples provided you follow the phasing plan. See Listing Agent for more details.

Located off North Indian Canyon only 5 minutes from downtown Palm Springs. Easy Interstate 10 access to all points in the Coachella Valley.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 669-441-014
Zoning: R2
Property Located Between: Downtown Palm Springs and Interstate 10
Property Visibility: Excellent
Legal Description: Lots 1-14 and 19-32 Tract 33161
Largest Nearby Street: Indian Canyon
Airports: Palm Springs International Airport to southeast
Site Description: 28 Finished lots in a gated community of 32 lots.
Zoning Description: R-2
Part of Planned Development?: Yes
Development Name: Agave @32
Topography: Level
Easements: Ingress/Egress, Utilities
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 29,317 82,456
Median Age: 42.8 45.13 42.58
Households: 3,670 13,418 33,865

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