$ 1,500,000
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$1,500,000
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About the Listing CLW-6556 - CLW-51560
Prime Highway 111 Development Site | Palm Desert. Exceptional opportunity to acquire a high-visibility commercial development site in the heart of Palm Desert along the highly trafficked Highway 111 corridor. Located at 73340 Hwy 111, this 0.38-acre parcel sits within the City's Downtown District Development (DDD) zoning, allowing for up to three stories of vertical development, creating strong potential for mixed-use, retail, restaurant, office, etc. Per City approval and required permits. The site benefits from approximately 40,000 vehicles per day along Highway 111, providing exceptional visibility and branding opportunities along one of the Coachella Valley's primary commercial corridors connecting Palm Springs, Rancho Mirage, Indian Wells, and La Quinta. Previously developed as a restaurant site, the property offers a significant advantage for future development with utilities already brought to the lot, reducing development timelines and infrastructure costs.Strategically located minutes from the luxury retail, dining, and entertainment destination of El Paseo Shopping District, the area attracts both affluent year-round residents and seasonal tourism tied to major events. Frontage: 123' facing Hwy 111
Listing Highlights
Status
Active
Days on Site
27
Property Type
Commercial Sale
MLS ®
26658547PS
Year Built
Total Square Footage
0
Lot/Acreage
0.38
County
Riverside
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
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- Below Ground Sq Ft: n/a
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Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: C1SP
- Roof:
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 627092034
- Tax Year: N/A
Payment Calculator
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Questions About..
73340 Highway 111 Palm Desert, CA 92260
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