Palm Drive, Desert Hot Springs, CA 92240
- $5,000,000
- List Price
- $5,000,000
- MLS#
- 26662423
- Status
- ACTIVE
- Type
- Land
- Neighborhood
- Agua Dulce
Property Description
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!
Additional Information
- View
- Desert, Mountains
- Frontage
- Palm Drive
Mortgage Calculator
Courtesy of Realty Source Incorporated, Alizabeth James.
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