imagesmode View 7 photos
For Sale
$5,000,000
Est. $28,000/mo0 Palm Drive, Desert Hot Springs, CA 92240
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About this home
25-Acre Turnkey Multifamily Site! Located in The Spa City, Desert Hot Springs, Coachella Valley $5M ($23/SF) Shovel-ready in 6 months +/-. Four parcels, raw land, zoned high density, 656-030-005, 656-030-006, 656-030,007,656-030-008. Fully entitled for 402-unit luxury gated condo community. 20-year development agreement. NMTC zone. Why this is gold for 1031 buyers: All heavy lifting done: Phase 1 environmental, CEQA, hydrology, cultural/paleo studies, biological surveys, acoustical reports, tentative tract map, CUP site plan, full conceptual design (elevations, unit plans, carports, amenities, landscape, image board, parking/photo-metrics). Developer-friendly city cooperative planning & building dept. Full due diligence package available. Buyer to verify 1031 eligibility and conduct own due diligence. Contact us today!
Property Facts
bathtub
Bathrooms
0
landscape
Lot Size
217,800 sqft
timer
Days on Market
18
payments
HOA Fee
N/A
fingerprint
MLS #
26662423
Interior Details
Parking
Exterior & Lot
Lot & Grounds
Lot Features
Flat
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Public
Mortgage Calculator
Total Monthly
$0
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Nearby Schools
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Convenience Score
Market Insights
92240|Desert Hot Springs
analytics
Estimated Value
Calculating...
trending_up0%vs. last year
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Market Temperature
Seller'sBalancedBuyer's
0d30d60d180d
Balanced
Balanced market
30 Days
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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