0 Baths

$1,299,990

73340 Highway 111, Palm Desert CA, 92260

Price per sqftN/A

Property typeCommercial

Overview

Active

Listed Mar 9, 2026

Updated 3 weeks ago

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

Additional information

MLS^® ID: 26658547PS

Interior Features

Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 0.38 Acres

Listed by Loran Arvizu, The Agency, CA DRE 02030233

Listing Contact: 760-297-2231

Based on information from the CRISNet MLS as of 9/15/2026, 5:04 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.