For Sale
$9,312,475

I-10 Logistics Corridor Palm Springs, CA 92282

Exceptional development opportunity in Palm Springs.

Overview

Added:
Dec 11, 2024
Days on market:
136
This expansive 71.5-acre parcel, located in the City of Whitewater, Riverside County, California (APN 516-090-005), presents a remarkable investment opportunity. Situated on the south side of Interstate 10 at Exit 114, this property boasts unparalleled access to major transportation arteries, with an impressive daily traffic count of 176,000 vehicles. Zoned O-5, the land is ideally suited for a variety of commercial developments, including distribution centers, fulfillment centers, or cannabis facilities. Its strategic location also makes it an attractive site for an outlet mall or other freeway-adjacent commercial ventures. The asking price is $9,312,475, translating to a land value of $2.99 per square foot. This represents a unique chance to capitalize on the burgeoning growth in the Palm Springs/Coachella Valley area, particularly given its proximity to the first full Palm Springs/Coachella I-10 interchange coming from Los Angeles. The property's size and location offer significant potential for substantial returns. This is a rare opportunity to acquire a large, strategically located parcel in a high-growth area. Don't miss out on this exceptional investment prospect.

Highlights

  • $9,312,475 asking price for 71.5 acres of commercial land.
  • Located in Whitewater, CA, in the I-10 Logistics Corridor, near Palm Springs.
  • O-5 zoning.
  • $2.99/SF land value.
  • APN: 516-090-005.

Property Details for I-10 Logistics Corridor

Property type
Land
Lot Size (sq. ft)
3,114,540 SF

Location Insight

City
Palm Springs
County
Riverside
State
California
Latitude
33.9100592
Longitude
-116.6543595

FAQs

What type of property is this?
Land - Exceptional development opportunity in Palm Springs.
Where is the land located?
The property is located at I-10 Logistics Corridor Palm Springs, CA.
What is the asking price?
The asking price for this property is $9,312,475.
What are key features of this property?
This property features: $9,312,475 asking price for 71.5 acres of commercial land.; Located in Whitewater, CA, in the I-10 Logistics Corridor, near Palm Springs.; O-5 zoning.
How can I contact the broker?
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I-10 Logistics Corridor
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