Cook Street & Gerald Ford Dr - University Center Professional Park 1.39 Acres of Commercial Land Offered at $1,244,382 CAD in Palm Desert, CA 92211

UPDATE: A new electrical substation is scheduled for completion by Fall 2028, providing sufficient power to support all remaining vacant land in the North Palm Desert area. Approximately 367.5 KW of power will be available to this parcel. The property offers flexible development potential, accommodating a wide range of uses including office, retail, and specialized applications such as hotels with EV charging stations, financial institutions, health clubs, recreational facilities, theaters, auditoriums, and more. A Conditional Use Permit (CUP) allows for additional uses, including churches, restaurants, and similar operations. An overlay zoning designation permits limited storage use, provided it is integrated with an approved primary use. Example: A solar company could develop a facility that includes office space for administrative functions along with warehouse space for the storage of solar panels, equipment, and inventory. Manufacturing activities, however, are not permitted. The property is strategically located near major institutions such as Kaiser Permanente Hospital, California Teachers Association, and Ambrosia Healthcare. Nearby amenities and educational institutions include Cal State San Bernardino’s Palm Desert Campus, UC Riverside’s Palm Desert Campus, and University Village. Funding is currently underway for the development of a permanent California State University campus in the area. This site presents an excellent opportunity for investors or owner-users to develop a speculative building for lease or a custom facility. The property benefits from strong visibility and convenient access to Interstate 10 via the Cook Street exit.