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Garnet Rd & Wall Rd
Palm Springs, CA 92262
Asking Price
$49K
Asset Type
Residential Land
Class
Class B
What's Special
.59 Acre Garnet Rd <ul><li>Flat usable parcel located in Unincorporated North Palm Springs</li><li>High-traffic exposure with strong potential for future development and investment</li><li>180,000 daily average traffic on Interstate 10</li><li>Affordable entry point for investors and developers seeking land in the desirable desert market</li><li>Close proximity to solar farms, wind mills, and established industrial activity</li><li>Just minutes from Palm Springs, Cathedral City, and Desert Hot Springs</li><l
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NOI
$80,000
Cap Rate
163.27%
DSCR
27.50
Strong
Cash-on-Cash
524.43%
Monthly Payment
$242.425
Annual Cash Flow
$77,090.897
