$4,100,000
For Sale
40.00 acres | #219075033
Browse 3 photos
Type:Purchase
Structure:Land
Zone:Residential

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%).

  • Property Details
      • SubdivisionNot Applicable
      • CountyRiverside
      • MLS #219075033
      • MLS #219075033
      • Property TypePurchase
      • ZoningAssessor
      • Sewer InformationUnknown
      • Cost4100000
      • Property SubtypeLand
      • Acres40

Location

Eric Fernando AlpucheReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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