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75010 Gerald Ford Dr
Palm Desert, CA 92211

Land For Sale · 6.60 AC

INVESTMENT HIGHLIGHTS

  • Exceptional location in an affluent market and adjacent to major interstate highway
  • Immediate area is experiencing rapid development and high demand.
  • Substantial site preparation work already completed
  • Excellent opportunity for urban infill, collaborative office/research facility adjacent to universities, and mixed use, inc. residential.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Drugstore
  • Medical
  • Office Park
Total Lot Size 6.60 AC

DESCRIPTION

The sellers planned and approved additional office buildings in the style of two adjacent properties (one is occupied by Kaiser Permanente and the other by a school). At this time, in changing economic conditions, a new owner could continue the work already done, or re-entitle the site for many alternative, viable uses, including mixed use, retail, medical, entertainment, or hospitality. Plan was approved by City, but has expired. Major improvements have been made to the site: 1) rough grading done, site is balanced, no import or export of material necessary, 2)all wet & dry utilities in place, and 3) concrete curbs installed to protect above ground fixtures.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 694-180-009
  • 694-180-005
  • 694-180-006
Land Assessment
$2,728,500
Improvements Assessment
$0
Total Assessment
$2,728,500

ZONING

Zoning Code PC-3
PC-3
  • Listing ID: 20706771

  • Date on Market: 8/21/2020

  • Last Updated:

  • Address: 75010 Gerald Ford Dr, Palm Desert, CA 92211

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