Prime Signalized Corner Available for Sale, Lease, or BTS

Vacant Land for Sale
Catylist Listing ID: 30517993
Property Subtypes: Retail
Gross Land Area: 6.50 Acres
Sale Price: $2,975,000
Unit Price: $457,692 Per Acre
Sale Terms: Owner Financing, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 11/18/2019

Overview / Comments

Please contact the agent for more information about this listing.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 610-270-076
Zoning: CC - COMMUNITY COMMERCIAL
Property Visibility: Excellent
Site Description: The property sits north of Interstate 10. The land is at the forefront of major developments. Maya Cinemas, Hampton Inn, Golden Corral, and Fairfield Inn are in the works. To the west a retail development undergoing phase 2. The Showcase at Indio sits east with major retailers. The property is surrounded by retail, office and industrial uses. it is a great location for developing many retail uses, office, and hospitality uses.
Area Description: • 6.5 acres on SE Corner of Avenue 42 & Spectrum • Heavy vehicle traffic (35,000 cars per day) on Avenue 42 • Great Site for Family or Child Related Services/Entertainment • New elementary school directly across Avenue 42 opened in 2018 • Surrounded by hundreds of gated high-end homes- with more on the way • Hampton-Inn, Maya Cinemas, EoS Fitness, and Golden Corral Coming Soon. • This site is Zoned Community Commercial (CC) and includes a multitude of retail uses.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,599 70,981 141,742
Median Age: 29.63 32.11 35.67
Households: 4,127 20,886 45,720

Contact

Photograph of Listing Agent

Kathleen Howard

NAI Capital DACIE Member
Photograph of Listing Agent

Lynn F. Coker

NAI Capital DACIE Member

Sponsoring Organization

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