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Millman Team Real Estate

$1,500,000
0.38 Acre Lot

73340 Highway 111, Palm Desert, California 92260

  • Commercial Sale Property Type
Property 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

Basic Details
Commercial Sale
For Sale
26658547PS
$1,500,000
0.38 Acre
Active
Features
$0
Address Map
CA
Riverside
Palm Desert
92260
Highway 111
73340
W117° 36' 52.8''
N33° 43' 18.6''
Located on the North side on Hwy 111
322 - North Palm Desert
C1SP
Additional Information
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$0
$0
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2026-03-09
Broker/Agent Information
The Agency
Loran Arvizu
Listing Information
CLW-51560
CLW-6556
Trust Deed
Active
2026-07-29T17:10:27Z
CRMLS
: Standard
2026-03-09T00:00:00Z
Agent info
Ray Millman
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