The subject prime 4.24 rare zoned acres on Pierson Boulevard (600 feet of frontage) provides the opportunity for up to 64 multi-family units and/or commercial near new major developments including the 2,000+ residential home Skyborne Masterplan. The City of Desert Hot Springs is booming, not only because of the current flee to well-located suburban markets with affordable housing, but also because of the fast growing cannabis industry in the city which is ‘ground-zero’ here for the state of California. The City of Desert Hot Springs was one of the first cities to adopt pro-cannabis development policies including cultivation, manufacturing, distribution, and retail – which has just recently brought in thousands of brand new jobs to the city (which also creates a higher demand for new single & multi-family development), and millions of dollars of new tax revenue to the city. With the major new increased growth and advancement in city finances and jobs, the city has been awarded an ‘A+’ rating (by California State Auditor), and Desert Hot Springs is now considered one of the most financially stable cities in the state.
Property Details
Price:
$550,000
MLS #:
219061872DA
Status:
Active
Baths:
0
Address:
0 Pierson Boulevard 664040015
Type:
Land
Neighborhood:
340deserthotsprings
City:
Desert Hot Springs
Listed Date:
May 11, 2021
State:
CA
ZIP:
92240
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- Address0 Pierson Boulevard 664040015 Desert Hot Springs CA
- Area340 – Desert Hot Springs
- CityDesert Hot Springs
- CountyRiverside
- Zip Code92240
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Courtesy of The Hoffman Company. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
0 Pierson Boulevard 664040015
Desert Hot Springs, CA
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