65443 Pierson BlvdDesert Hot Springs, CA 92240

Property Details for 65443 Pierson Blvd

Lot size

9.60 AC

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

This exceptional 9.6-acre (418,176 sq ft) commercial property in Desert Hot Springs, CA, presents a unique investment opportunity. Located at 65443 Pierson Blvd, 92240, this land boasts a desirable hard corner location across from Desert Hot Springs High School. The property is zoned CG-General Commercial (APN: 663-250-004 & 663-250-005) and offers significant potential for various uses. While situated within an AO Flood Zone, a portion of the land (1.81 acres) lies outside this zone, as detailed in the provided offering memorandum. Utilities are readily accessible. Desert Hot Springs benefits from its designation as a Qualified Opportunity Zone, offering potential tax advantages. A concept site plan for multi-family development, provided by the previous owner, suggests a viable path for future development. Prospective buyers are encouraged to conduct their own due diligence to fully assess the property's potential and address the flood zone considerations. This is a rare opportunity to acquire a substantial parcel of land in a growing area of the Coachella Valley.

Location Insight

City

Desert Hot Springs

County

Riverside

State

California

Latitude

33.9614

Longitude

-116.52

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