73340 Highway 111, Palm Desert 92260

$1,500,000

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16,553

Lot Size

Listing Agent
Loran Arvizu - The Agency

About 73340 Highway 111

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

Features of 73340 Highway 111

MLS® # 26658547PS
Price $1,500,000
Bathrooms 0.00
Lot Size 16,553
Type Commercial Sale
Status Active

Community Information

Address 73340 Highway 111
Area 322 - North Palm Desert
City Palm Desert
County Riverside
Zip Code 92260

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Additional Information

Date Listed March 9th, 2026
Days on Market 189
Zoning C1SP
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentLoran Arvizu
OfficeThe Agency

Listing Map

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