$4,100,000
For Sale
Courtesy of Desert Local Realty
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Description

40 Acres of Prime W-2 Zoned Parcel nestled by tamarisk trees, providing a cozy-private atmosphere. Tamarisk trees are invasive and consume large amounts of water: hinting at the possibility of existing groundwater. Desert Dunes Golf Club's greens are just across the street, entrance .8 miles away on Palm Drive. It is 1 mile south of the City of Desert Hot Springs, 1 mile north of the I-10 Fwy., and 3 miles north f of Palm Springs. Article XV: W-2 Zones (Controlled Development Areas) Section 15.1 permitted uses provides a host of potential investment opportunities. Just waiting for the right entrepreneurial visionary.Investment opportunities ranging from Commercial Fairgrounds and exhibitions (D-4); Mobile home Parks (D-15); Recreational vehicle parks (D-18); Solar Power Plant (D-32); to the permitted or conditionally permitted Industrial hemp activities (I), under A, B, C, or D of Section 15.1. Notably, the Coachella Valley Multispecies Habitat Conservation Plan, which sandwiches the property, imposes no development restrictions on the forty acres. 10% Commission (5%/5%).
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  • Property Details
    • Measurements
      • Acres:40
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Sewer information:Unknown
  • Community and Neighborhood Details
    • Location
      • County:Riverside
    • Community
      • Subdivision:Not Applicable-1
  • Financial Details
    • Pricing Details
      • Original List Price:$4, 791, 600
  • Other
    • Source
      • MLS #:219075033PS

Location

Gary ElminoufiReal Estate Group
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