73340 Highway 111, Palm Desert, California 92260

  • $1,500,000
73340 Highway 111, Palm Desert, CA 92260
Active
73340 Highway 111, Palm Desert, California 92260
73340 Highway 111, Palm Desert, CA 92260
  • $1,500,000

Description

Prime Highway 111 Development Site | Palm Desert. Exceptional opportunity to acquire a high-visibility commercial development site in the heart of Palm Desert along the highly trafficked Highway 111 corridor. Located at 73340 Hwy 111, this 0.38-acre parcel sits within the City’s Downtown District Development (DDD) zoning, allowing for up to three stories of vertical development, creating strong potential for mixed-use, retail, restaurant, office, etc. Per City approval and required permits. The site benefits from approximately 40, 000 vehicles per day along Highway 111, providing exceptional visibility and branding opportunities along one of the Coachella Valley’s primary commercial corridors connecting Palm Springs, Rancho Mirage, Indian Wells, and La Quinta. Previously developed as a restaurant site, the property offers a significant advantage for future development with utilities already brought to the lot, reducing development timelines and infrastructure costs.Strategically located minutes from the luxury retail, dining, and entertainment destination of El Paseo Shopping District, the area attracts both affluent year-round residents and seasonal tourism tied to major events. Frontage: 123′ facing Hwy 111

  • Address 73340 Highway 111
  • City Palm Desert
  • State/county CA
  • Zip/Postal Code 92260
  • Country US

Details

Updated on March 9, 2026 at 5:05 pm
  • Property ID: 26658547PS
  • Price: $1,500,000
  • Land Area: 0.38 Acres
  • Property Type: Commercial Sale
  • Property Status: Active

Additional details

  • County: Riverside
  • Property Type: Commercial Sale

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