14601 PALM DRIVE, DESERT HOT SPRINGS CA 92240
- 87,556 sq.ft. lot
Property Description
Located in a major retail hub with a traffic count of 24,000+ card per day. The subject property has many nearby residents developments as well as those currently under construction. Centrally located. Access: 2 points of access; One on the northern boundary (just south of Pizza Hut) off Palm Drive and 30-foot access easement on the south side of Grocery Outlet along Park Lane that can be utilized by this proposed development for access. Traffic Signal at Park Lane and Palm Drive: The city is currently designing the traffic signal at Palm Drive at Park Lane and will include the re-alignment of that intersection, undergrounding of the poles on the south side, and constructing a wider access point to be used by Grocery Outlet and by this proposed development. This will be constructed by the city and will be constructed along with the timeline of a new development at this location. (Developer to pay their Prorated Share determined by a Traffic Impact Analysis of their project)Sub-Division Improvement Agreement (as stated in Prelim): In this case all public improvements from Grocery Outlet have been completed, inspected and accepted and all bonds released. Utilities: The City of Desert Hot Springs current policy is that overhead utility lines are to be undergrounded. We don't have an exact cost, but SCE should be able to give you an estimate.Site Location: This site is located in the ideal center of the city. With our largest park across the street, a library, two schools along Two Bunch Palms, and two other shopping centers. Palm Drive at Two Bunch Palms has the highest traffic counts from all other segments along Palm Drive. There are two new large multifamily developments across from Palm Drive that going through the entitlement process now which will make this site even more desirable. 76 New Homes by Lennar at Rancho Descanso are currently being built in a new private community on Palm Drive at Camino Campanero. *The City of Desert Hot Springs is committed to becoming a world class health and wellness destination based upon its famous miracle waters, unique desert ecosystem, spectacular mountain views, and natural environment.
Listing Courtesy of Kate Rust, Wilson-Meade Commercial Real Estate
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