340 N. Palm Canyon Drive, 317 N. Indian Canyon Way

Starting Bid: $1,100,000
  Reserve not met. What's this?
Reserve Price Set

The seller has set a reserve price for this property. The seller is obligated to sell the property to the highest bidder who meets or exceeds the reserve price.
Cap Rate: N/A What's this?
Cap Rate

Capitalization rate (Cap Rate) is a measure of the ratio between the net operating income produced by the property and its sale price. Because property taxes will adjust based on the final sales price, the Cap Rate can either be current or a future estimate. Please contact the Listing Broker to understand how the Cap Rate is calculated for this property.
Per SF: $52 per SF
Start Time: TBD
End Time: TBD
  Or 5 minutes after the last bid. Why?
End Time 5 minutes after the last bid

The Auction Period will end at the specified End Time or 5 minutes after the last bid is entered. This prevents last-minute bidders from winning the auction without giving other bidders ample opportunity to bid.

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Property Overview

View Full Property Details
Name: Palm Springs    
Address: 340 N. Palm Canyon Drive
317 N. Indian Canyon Way
Palm Springs, CA 92262 		view mapView Map  
Type: Land
Site Area: 21,344 SF
Occupancy: 25 %
Zoning: CBD
Preferred Lender: Sperry Van Ness/Better Capital Partners    
Highlights:
  • Street frontage on Palm Canyon Drive and Indian Canyon Way.
  • High visibility site in a redevelopment district.
  • In-Lieu parking program available through City of Palm Springs.
  • Retail, restaurant, and hospitality sectors all offer opportunities for the qualified investor or operator.

Thank you

Bids are not accepted at this time.

The Auction will be held September 29, 2999 from 11:00 AM to 03:00 PM.

Please return during that period to place your bid.

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John Stiles
DRE#00816328
stilesj@svn.com
(760) 567-9219

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