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32661567
32661566

Cactus Drive, Desert Hot Springs, CA 92240

RG
CA CA 02088022
Coldwell Banker Commercial Lyle & Associates
SL
CA 01462012
Coldwell Banker Commercial Lyle & Associates
Listed by Coldwell Banker Commercial Lyle & Associates
$950,000
19 days on market
Updated 19 days ago

3.25 Acre Residential/Commercial Development Opportunity

Details
APN 656-020-041
Property Type Land
Sub Type Commercial, Residential
Broker Co-Op Yes
Acreage 3.250
Zoning MU-N
Ownership Fee

3.25 Acres

Marketing description

Coldwell Banker Commercial Lyle & Associates is pleased to present an exclusive opportunity to acquire a strategically positioned land parcel in the City of Desert Hot Springs, California —one of the Coachella Valley's fastest growing submarkets. The parcels offer flexible zoning and proximity to major residential and industrial expansion, established infrastructure, and convenient access to Interstate 10.

Desert Hot Springs sits at the north gateway to the Coachella Valley and is minutes away from Palm Springs and other desert communities. New housing, industrial, and commercial development in the Coachella Valley continues to push north into Desert Hot Springs, driven by land availability, pro-development/business policies, existing infrastructure, and a more attractive land basis than other desert submarkets.

The ±3.25 acres is located on Cactus Dr, just south of Two Bunch Palms Trail in the City of Desert Hot Springs. The parcel is zoned Mixed-Use Neighborhood, allowing commercial and residential densities of up to 15 units per acre. The parcel benefits from Mission Springs Water District’s sanitary sewer and water lines located at the sites, as well as nearby retail and schools.

Additionally, the parcel appears well-positioned for affordable housing development, potentially benefiting from California’s various affordable housing laws, with CEQA exemptions, and density bonus programs.

With favorable zoning, scalable acreage, and strong connectivity to regional employment corridors throughout the Coachella Valley and Inland Empire, this offering represents a compelling investment opportunity in a high-growth market.

Investment highlights

Business-friendly city

Excellent access to Interstate 10

Level lot with public sanitary sewer and water at the site

Ideal for affordable housing, residential, or commercial

Growing Coachella Valley investment opportunity

Listing Contacts

RG
CA CA 02088022
Coldwell Banker Commercial Lyle & Associates
SL
CA 01462012
Coldwell Banker Commercial Lyle & Associates
Listed by Coldwell Banker Commercial Lyle & Associates

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Additional Information

Name
Rick Gordon
License
CA 02088022
Brokerage Phone
760.772.6400
Brokerage Address
78000 Fred Waring Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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