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595 Garnet Ave - Southside of Garnet Avenue 3.49 Acres of Commercial Land Offered at $599,000 in Palm Springs, CA 92262
Investment Highlights
- Visible from Interstate 10 corridor.
- Exceptional access to regional markets.
- Development-ready commercial land opportunity.
Executive Summary
The property is zoned M-1-P (Planned Research & Industrial Park) and designated Regional Business Center, offering a range of potential industrial and commercial applications, including warehouse and distribution, manufacturing, logistics, flex industrial, contractor services, research and development, service stations (EV Charging) with a conditional use permit, and service commercial uses.
The ownership has completed significant pre-development and due diligence work, providing a prospective purchaser with a substantial head start on evaluating and advancing a future project. Available materials for qualified buyers include a significant amount of due diligence, such as an ALTA Survey, Phase I Environmental Report, geological and hydrology reports, and a Will Serve for water and power (up to 8 MW). The ownership has also completed substantial design work related to a proposed large-scale light- and heavy-duty EV charging facility. Those EV charging plans (including site plans with architectural, mechanical, landscaping, civil, and water management documents, etc.) and related design materials are not included as part of the property offering and may be made available separately to a qualified purchaser under NDA and subject to a separate purchase agreement.
The ownership has also engaged with the City of Palm Springs Permitting and Fire Department regarding a Hazard Assessment associated with the proposed use. A sign currently located on the property indicates that permitting is under consideration; prospective purchasers should independently verify all permitting status, approvals, and development requirements with the City.
The site benefits from established industrial surroundings, adjacent to a FedEx facility, excellent truck access, and limited industrial land supply. Offered at $599,000, 595 Garnet Road presents an attractive opportunity for an owner-user, developer, or investor seeking a strategically located industrial site with substantial pre-development work already completed
Property Facts
1 Lot Available
Lot
| Price | $599,000 | Lot Size | 3.49 AC |
| Price Per AC | $171,633.24 |
| Price | $599,000 |
| Price Per AC | $171,633.24 |
| Lot Size | 3.49 AC |
3.49 acres visible from I-10 freeway. Zoned M-1-P for light industrial uses. Due diligence completed on property along with pre-permitting package submitted to city. Potentia NEVI eligibility, as well as potential access to federal and state funding
Description
595 Garnet Avenue presents an exceptional opportunity to acquire approximately 3.49 acres of industrial zoned land in one of the fastest growing industrial corridors within Coachella Valley. Positioned immediately west of Indian Canyon Drive and seconds from Interstate 10, the property offers outstanding accessibility for logistics, manufacturing, warehousing, contractors services, and research and developments operations. As industrial land inventory continues to decline throughout Southern California, strategically located sites such as this remain attractive. Development Highlights * Will Serve for Power and Water *Alta Survey *Phase 1 * Geological and Hydrology reports * Existing Due Diligence Available to Qualified Buyers * Perc, Cultural, Greenhouse Gas Have all been completed.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $477,542 | Total Assessment | $477,542 |
Property Taxes
