29.61 ac 39th Avenue/E. Adams St, Indio

Vacant Land for Sale
Catylist Listing ID: 861424
Property Subtypes: Residential (Single Family)
Gross Land Area: 29.61 Acres
Sale Price: $2,961,000
Unit Price: $100,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/13/2018

Overview / Comments

Great development opportunity. Includes a 4,000 sf residence with 3 bedrooms & 3 bathrooms. Also includes 2 round pens and approx. 20 stable stalls. Adjacent to Espana, a 471 home development and west of 820 DR Horton's Talavera. Also across from Shadow Hills High School & Desert Ridge Middle School. Full street improvements being built in Avenue 39-construction to begin March 2013 and completed by August 2013 to provide better circulation for the traffic from the two schools. The owners will consider a longer escrow than most sellers would agree to, provided there would be some nonrefundable deposits made after completion of due diligence.

Directions to the property:
Going north on Washington St, turn right (east) on Varner Rd. Travel 1 mile to Adams St, turn left (north). Travel 1 mile and turn right (east) onto Avenue 39 (roughly paved); drive about 1/4 mile to site.

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Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 691-040-004,007
Zoning: EE (EQUESTRIAN ESTATE)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,368 49,867 129,069
Median Age: 43.39 46.22 40.4
Households: 2,059 20,716 47,551

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