California Real Estate and Economy: Riverside County - San Diego County
Palm Springs Land, Palm Springs Commercial: 5.52 Acres freeway frontage on NW Corner of Indian Ave and I-10 freeway Contact for more info
. Other Properties:
Freeway frontage property 5.5 Acres off Interstate 10 North
Freeway frontage property 30 Acres off Interstate 10 South
A total of 5.52 acres, currently under a tentative map for smaller, 1 acre parcels. Fed Ex acquired 5.89 acres immediately north of this property for a distribution center, they have operated for over 2 years there. This parcel is great for fast food restaurants, indust manufacturing, storage, drive-thru coffee, retail, or other commercial use. CalTrans is planning major improvements for the Indian and I-10 overpass, to be completed by 09 or 10.
Well over 140,000 vehicles pass this location daily, and the Pilot Travel Center located on the other side of the freeway prompts hundreds of trucker stops daily. With the development of the Spa Casino in Downtown Palm Springs, this area is in the vicinity of four major Las Vegas class casinos. A high demand for commercial land over the next few years is continued to be expected, As commercial land prices remained 'reasonably' stable through the housing boom.
The property is located immediately west of the Motel 6 and Denny's. This area has direct off-ramp access from the I-10 overpass. Close by, significant industrial development has occurred. Casino Morongo, about 5 miles west of the property, is expanding and has nearly completed the deserts first high rise hotel/casino, and the Fashion Outlets there are a huge success.
Here is a view from the property of the freeway overpass; the property is just off the north-west portion of Interstate 10 and Indian Avenue. Currently, the businesses present here are Jack in the Box, Dairy Queen, Chevron Gas & Food Mart, Wendy's, Motel 6, Arco AM/PM, Shell, Union 76, Pilot Travel Center, and others. With the previous surge in residential housing, commercial land is expected to become the next big buying trend.
Palm Springs Freeway Property
Property Profile
APN #: Palm Springs Land, Palm Springs MLS, Palm Springs commercial.
Location: North Western corner of the freeway junction of Indian Ave and Interstate 10 in Palm Springs, CA.
Price: N/A
What: Commercial/Investment Property
Area: Approx 5.5 acres, map in process. Dedicated fund for streets already established.
Zoning: C, IP, M
Contact: Agent/Owner
Palm Springs Land, Palm Springs MLS, Palm Springs commercial.
Other Properties:
Freeway frontage property 5.5 Acres off Interstate 10 North
Freeway frontage property 30 Acres off Interstate 10 South
