3.55 Acres Commercial Land Indio Blvd. Avenue 48

Retail-Commercial for Sale
Catylist Listing ID: 29989085
Property Subtypes: Car Wash, Convenience Store, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 5,000 SF
Gross Building Area: See Agent
Gross Land Area: 3.55 Acres
Sale Price: $2,200,000
Unit Price: $440 PSF
Property Use Type: Vacant/Owner-User, Business
Usable Size (USF): 100,188 SF
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 12/10/2017

Overview / Comments

Commercial Corner in Major Coachella Valley Intersection Vibrant thoroughfare
Northwest Corner on Avenue 48 and Indio Blvd.

Excellent frontage on Indio Blv. and Aprox. 460 feet frontage Avenue 48. Buyer to verify.

Property has access from all sides. Access from Dillon Rd., Indio Blvd. and Avenue 48 makes this location perfect for either an owner user, or a developer looking for an opportunity to develop a large retail concept, Gas Station, Car Wash, Mixed Use Project... Restaurant pads or all of the above!

Indio is a city in Riverside County, California, United States, located in the Coachella Valley of Southern California's Colorado Desert region. It lies 26 miles (42 km) east of Palm Springs, 70 miles (113 km) east of Riverside, and 125 miles (201 km) east of Los Angeles. It is about 86 miles (138 km) north of Mexicali, Baja California on the U.S.-Mexican border.

The population was 76,036 in the 2010 United States Census, up from 49,116 at the 2000 census, an increase of over 50%, and well above the approx. 10% growth for the U.S. during the same decade.

SCAG projects that while there were 443,000 people in what the association classifies as the Coachella Valley in 2008, there will be 604,000 of us in 2020. And in 2035, there will be 884,000 of us.

That explosion will largely take place in the East Valley. While the population of every city in the valley is projected to grow by at least 20 percent, Indio is expected to grow from 73,300 people in 2008 to 111,800 in 2035—a 53 percent expansion.

Indio has become an exurb town of economic value and sunbelt growth potential in the easternmost urbanized area of Southern California.

The City of Indio is conveniently located along Interstate 10, State Highway 86, and is serviced by rail, air, and bus. The City holds festivals and events year round such as the Date Festival, Coachella Valley Music and Arts Festival, Stagecoach Country Music Festival, Tamale Festival, etc. The City of Indio is located in the Coachella Valley that is home to numerous golf courses, Casinos, and hiking/biking trails.

Seller says sell now call for an appointment send offers.
Fantastic Opportunity!!!
Huge Up-side on this property.

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 603082003
Retail Clientele: General, Business, Traveler, Recreation, Other
Property Located Between: Indio Blvd and Avenue 48
Side of Street: Southwest
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Indio Blvd.
Feet of Frontage: 430
Airports: Thermal Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Year Built: 1900
Roof Type: Other
Construction/Siding: Aluminum Siding
Total Parking Spaces: 30
Parking Type: Surface
Parking Description: https://youtu.be/DT39G121_AU
Heat Type: Electricity, Hot Water, Other
Air Conditioning: Evaporative Cooler, Other
Internet Access: Other
Zoning Description: Commercial
Sewer Type: Septic
Easements: Utilities

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,690 88,696 132,790
Median Age: 25.77 28.11 31.32
Households: 3,292 23,012 37,737


Photograph of Listing Agent

Angela Maciel-Gibbons

HomeSmart Professionals DACIE Member

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