73340 Highway 111 - Commercial LAND FOR SALE


Palm Desert, CA 92260- Palma Village Groves16,483 SF
$1,500,000 USD
760-641-5939
73340 Highway 111, Palm Desert, CA for Sale
$1,500,000 USD
Commercial LAND - FOR SALE
1/4
16,483 SF

73340 Highway 111
Palm Desert, CA 92260
Palma Village Groves


HIGHLIGHTS

  • 0.38-acre site with DDD zoning allowing mixed-use, retail, or office development.
  • Prime Highway 111 frontage with exposure to 40,000 vehicles daily.
  • Utilities in place from prior restaurant use, reducing development costs.
  • Minutes from El Paseo Shopping District and luxury retail destinations.
  • Located in a high-traffic corridor connecting Palm Springs and La Quinta.
  • Opportunity for up to three stories of vertical development with City approval.

OVERVIEW

This 0.38-acre parcel on Highway 111 offers a rare opportunity to develop within Palm Desert’s Downtown District. Zoned DDD, the site allows for up to three stories, accommodating mixed-use, retail, restaurant, or office projects with City approval. Positioned along a major commercial corridor with approximately 40,000 vehicles per day, the property ensures exceptional visibility and branding potential. Utilities are already on-site, reducing development timelines and costs. Located minutes from the renowned El Paseo Shopping District, the area benefits from a strong year-round population and seasonal tourism driven by major events.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/ACRE

$3,964,332/AC

PRICE/SF

$91 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Restaurant

LAND ACRES

0.38 AC

LAND SF

16,482 SF

OFFSITE IMPROVEMENTS

-

ZONING

DDD

APN/PARCEL ID

627-092-034

ASK ABOUT THIS PROPERTY

Loran ArvizuThe AgencyMore Info
760-641-5939

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Loran ArvizuThe AgencyMore Info
760-641-5939

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