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Receive the full offering memorandum, approved plans, and site specifications. Our team responds within one business day.

Asking Price

$3,950,000

Entire parcel — all 8 entitled sites

Location

2700 E Alejo Road

Palm Springs, California

Included in Sale

Approved Tentative Tract Map (TTM 38049)

Complete architectural, structural & MEP plans

Geotechnical report & grading plans

8 entitled fee-simple home sites

Listing Broker

Black Label Real Estate Group

Neil Curry

(760) 285-2349 [email protected]

CA DRE #01863952

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Disclaimer: The information contained herein is believed to be reliable but is not guaranteed. Seller and Listing Broker make no representations or warranties, express or implied, as to the accuracy or completeness of the information provided. Prospective purchasers and their representatives are solely responsible for independently verifying all information concerning the property, including, without limitation, acreage, boundaries, zoning, land use, entitlements, approvals, conditions of approval, permits, utility availability, development requirements, fees, and all other matters affecting the property. Buyer shall rely exclusively upon its own independent investigations and professional advisors.

Due Diligence

What's Included in the Sale

Included in the sale are the approved entitlement package for Pueo Palm Springs, including Tentative Tract Map (TTM) 38049 for an 8-home luxury subdivision, approved under City of Palm Springs Resolution No. 1074, subject to Conditions of Approval. Also included are the Geotechnical Report, Precise Grading Plans, Street Improvement Plans, Structural Design Calculations, complete Architectural, Structural, MEP, Title 24, and Water Plans.

Plans are substantially complete and ready for plan check submittal, allowing Buyer to proceed with the approved design or modify the plans, subject to City approval. Approved homes are designed as 2,927 SF single-level residences with 3BR/4BA on 13,000+ SF fee-simple lots, each with an optional 780 SF 1BR/1BA ADU.

Subdivision Improvement Agreement (SIA) bonds, including Monumentation, Labor & Materials, and Faithful Performance surety bonds, are not included in the sale and must be replaced by Buyer prior to the close of escrow, as required by the City. Seller will provide all available entitlement and construction documents during due diligence.

An outstanding opportunity to significantly reduce entitlement time, design costs, and development risk.

Palm Springs, California

Eight Sites. One Parcel.