700 Via LoretoDesert Hot Springs, CA 92240

This exceptional 4.09-acre parcel in Desert Hot Springs, CA (APN 663-290-018/019/024/025), presents a unique investment opportunity. Located at 700 Via Loreto, 92240, this commercially zoned land offers significant potential for various developments. Currently approved for a retail center featuring five pads ranging from 2,000 to 11,000 square feet, the property boasts a prime location directly across from a new Riverside County building with over 115 employees and approximately 200 daily visitors. Its proximity to Desert Hot Springs High School (1800+ students) and College of the Desert night classes further enhances its appeal. The area is experiencing rapid growth, fueled by new master-planned communities like Skyborne and Sunset Ridge, which are seeing strong home sales. The land's strategic location, combined with the city's thriving economy and low crime rate, makes it an attractive investment. The land's price per square foot is $3.64. The asking price for this property is $650,000. The property is also suitable for multi-family development under applicable state legislation. The area's robust job market, driven by the expanding cannabis and industrial sectors (including Amazon), presents a compelling case for long-term growth and return on investment. This is a rare opportunity to acquire a well-situated parcel in a rapidly developing area.