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Listing Agent: Joel Pearce
Courtesy of: Joel Pearce, Broker
Days On Market: 270
Address: 0 Hacienda
City: Desert Hot Springs
Neighborhood: Not Applicable-1, 340 - Desert Hot Springs
INCREDIBLE OPPORTUNITY!! For sale is a prime 8-acre panoramic southern view parcel located at the corner of Hacienda and Verbena which includes prime Hacienda Street frontage. Per planning department, subject property is zoned VS-C. Per DHS municipal code, Land Use Standards for VS-C include Resorts, Hotel, Shopping Centers, Multi Family, and other uses. Property sits over one of the cities prime geothermal hot spring water areas. ADDITIONALLY, the subject property is in the QUALIFIED OPPORTUNITY ZONE (QOZ)!!! The Tax Cuts and Jobs Act of 2017 created QOZs to provide encouragement and potentially significant tax benefits to investors who invest into communities designated for economic development. Finally, the city has been given a grant to complete sidewalks and lights along Hacienda including a signal at Hacienda & Verbena corner. Property recently cleared. APN 641-282-005 & 641-282-004. All information must be confirmed with city of DHS.