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Pierson
Desert Hot Springs, CA 92240
4.24 Acres | Pierson Boulevard · Land For Sale
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4.24 AC
INVESTMENT HIGHLIGHTS
- PRIME MULTI-FAMILY OR COMMERCIAL DE VELOPMENT OPPORTUNITY
- NEAR ACTIVELY SELLING SKYBORNE RESIDENTIAL MASTERPLAN
- 600 FEET OF FRONTAGE ON PIERSON BOULEVARD
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 4.24 AC |
| Property Type | Land | Cross Streets | Mollies Ave |
| Property Subtype | Commercial | ||
| Zoning | W2 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.24 AC |
| Cross Streets | Mollies Ave |
| Zoning | W2 |
1 LOT AVAILABLE
Lot
| Price | $550,000 | Lot Size | 4.24 AC |
| Price Per AC | $129,716.98 |
| Price | $550,000 |
| Price Per AC | $129,716.98 |
| Lot Size | 4.24 AC |
Multi-Family (Up To 64 Units) - For-Rent, Affordable, Senior, Or For-Sale Townhomes Or Commercial / Mixed-Use Development Opportunity PRICE REDUCED FROM $650k to $550k!
DESCRIPTION
The subject prime 4.24 rare zoned acres on Pierson Boulevard (600 feet of frontage) provides the opportunity for up to 64 multi-family units and/or commercial near new major developments including the 2,000+ residential home Skyborne Masterplan. The City of Desert Hot Springs is booming, not only because of the current flee to well-located suburban markets with affordable housing, but also because of the fast growing cannabis industry in the city which is “ground-zero” here for the state of California. The City of Desert Hot Springs was one of the first cities to adopt pro-cannabis development policies including cultivation, manufacturing, distribution, and retail - which has just recently brought in thousands of brand new jobs to the city (which also creates a higher demand for new single & multi-family development), and millions of dollars of new tax revenue to the city. With the major new increased growth and advancement in city finances and jobs, the city has been awarded an “A+” rating (by California State Auditor), and Desert Hot Springs is now considered one of the most financially stable cities in the state.
PROPERTY TAXES
| Parcel Number | 664-040-015 | Improvements Assessment | $0 |
| Land Assessment | $51,990 | Total Assessment | $51,990 |
PROPERTY TAXES
