19th Avenue - Industrial LAND FOR SALE


Desert Hot Springs, CA 92258 555,826 SF
$8,337,375 USD
925-787-6083
19th Avenue, Desert Hot Springs, CA for Sale
$8,337,375 USD
Industrial LAND - FOR SALE
1/5
555,826 SF

19th Avenue
Desert Hot Springs, CA 92258


HIGHLIGHTS

  • Desirable location that is actively being developed by large corporations
  • The City of Desert Hot Springs is developer friendly.
  • Newly paved street with curbs and gutters along 19th Ave.
  • A new 105 hotel has been approved about one-half mile from the Subject.
  • Located approximately 1 mile from the I-10 entrance/exit Indian Canyon Drive (exit 120).

OVERVIEW

The 2 lots are being sold as a single lot. The Subject is located in a very active development zone that includes a new Amazon building and a new PODs building. Key features include: Approximately 555,825 sq ft of undeveloped land that is zoned for light industrial usage. The Palm Springs Airport is about 10 miles away, or an approximate 20 minute drive. Seller financing may be made available for a qualified buyer. Terms include a fixed rate loan amount of up to 65% of the sale price. The contemplated loan term is 15 years fully amortizing with a start rate of 6.75% (today’s prime rate) without pre-payment penalty. The interest rate will reset at the end of month 60 and month 120. The new rate will be one hundred basis points (1.0%) higher than the Prime Rate as published in the Wall Street Journal effective on the anniversary date. Other terms and conditions are subject to negotiation.

FOR SALE DETAILS

PRICE

$8,337,375 USD

PRICE/ACRE

$653,399/AC

PRICE/SF

$15 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

19th Ave & Calle de los Ramos

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Industrial, Industrial Park

LAND ACRES

12.76 AC

LAND SF

555,826 SF

OFFSITE IMPROVEMENTS

Curb/Gutter/Sidewalk

ZONING

L-I

APN/PARCEL ID

666-360-018,666-360-019

ASK ABOUT THIS PROPERTY

Robert ElliottLa Quinta CapitalMore Info
925-787-6083

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Robert ElliottLa Quinta CapitalMore Info
925-787-6083

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.