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SEC Monterey Ave & Dick Kelly Dr - 14.76 Ac Retail / Mixed Use Site 14.76 Acres of Commercial Land Offered at $13,027,718 CAD in Palm Desert, CA 92211
EXECUTIVE SUMMARY
This prime development site with an approved specific plan is the last remaining in-fill opportunity in the major Monterey Avenue retail trade area. With Lowe’s to the south, and Kohl’s, Sam’s Club, Walmart Supercenter, Home Depot, and Costco to the north, the subject property presents an in-fill opportunity in the heart of the strongest retail sales area in the greater Palm Springs market. With over 1,000 feet of frontage on Monterey Avenue and at the lighted intersection of Dick Kelly Drive, the property will have ideal ingress and egress. The approved specific plan allows for fuel stations, fast food drive throughs, retail, restaurants, offices, residential units and even a 4-story hotel.
PROPERTY FACTS
| Price | $13,027,718 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 14.76 AC |
| Property Type | Land | ||
| Zoning | PC-2 - Specific Plan | ||
| Price | $13,027,718 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 14.76 AC |
| Zoning | PC-2 - Specific Plan |
1 LOT AVAILABLE
Lot
| Price | $13,027,718 CAD | Lot Size | 14.76 AC |
| Price Per AC | $882,636.74 CAD |
| Price | $13,027,718 CAD |
| Price Per AC | $882,636.74 CAD |
| Lot Size | 14.76 AC |
Located on the business-friendly, City of Palm Desert side of Monterey Avenue, the site is near several thousand homes and apartments that are in planning or under construction.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $1,106,740 CAD | Total Assessment | $1,106,740 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,106,740 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,106,740 CAD
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SEC Monterey Ave & Dick Kelly Dr - 14.76 Ac Retail / Mixed Use Site
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