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NW Del Norte Way & Robert Rd
Thousand Palms, CA 92276
Del Norte Commons · Land For Sale
·
40.00 AC
Executive Summary
ASSESSOR PARCEL NUMBERS: 650-020-029 & 650-020-030
GROSS ACRES: ±40 acres
PRODUCT TYPE: Multi-family
LOT COUNT: ±300 units
PROPOSED GROSS DENSITY: 10 du/ac
ENTITLEMENTS: No approved maps. Planning for ±300 units with 10 du/ac
ZONING: R-1 Single Family
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 40.00 AC |
| Zoning | R-1 - Single Family Residential | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 40.00 AC |
| Zoning | R-1 - Single Family Residential |
1 Lot Available
Lot
| Price | $4,127,460 CAD | Lot Size | 40.00 AC |
| Price Per AC | $103,186.50 CAD |
| Price | $4,127,460 CAD |
| Price Per AC | $103,186.50 CAD |
| Lot Size | 40.00 AC |
Land Advisors Organization is pleased to present Del Norte Commons, a 40 acre parcel in the Thousand Palms set up for potential Build 2 Rent community just north of the 10 freeway.
Description
INVESTMENT HIGHLIGHTS ? Provides workforce housing in the northern portion of Coachella Valley ? Project consists of two parcels, allowing a builder/developer to entitle a portion of the site while the current owner processes the remaining site concurrently. ? Current owner will grant an option or take down of the second parcel ? Based of the levee schedule and time to entitle/develop/build the first 100 units, now is the perfect time to move forward. ? The new Del Webb development installed the 36’’ water main on the northern boundary in what will become 30th Ave. ? Development Agreement in place with approved industrial development to the West for road improvement to 30th Ave and Robert Road should they develop first.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $1,228,343 CAD | Total Assessment | $1,228,343 CAD |
Property Taxes
