3.63 ac Commercial Land Near Music Festivals

Vacant Land for Sale
Catylist Listing ID: 30137257
Gross Land Area: 3.63 Acres
Sale Price: $1,897,474
Unit Price: $522,720 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/27/2017

Overview / Comments

*Two improved lots: Lot 2 is 1.12 acres with approved plans for 9,750 sf building;
Lot 3 is 2.51 acres with approved plans for a 12,000 sf & 8,000 sf building

*$112,257 in TUMF fees already paid

*One mile from Music Festivals

*Minutes away from high-end developments, including Madison Club, Griffin Ranch & The Hideaway

*Across from future La Colonia Sports Park being developed by the City of Coachella

*Average daily traffic of 36,721 cars

The site is adjacent to a new Tower Energy Market and Fuel, and is
located in an area of many high-end residential developments and country clubs.
Surrounded by several residential communities and a future planned park across the street.

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 612-280-024 (1.12 ac), 025 (2.51 ac)
Zoning: NC-PD (NEIGHBORHOOD COMMERCIAL, PLANNED DEVELOPMENT)
Property Located Between: West Calhoun Street/North Avenue 50
Property Visibility: Good
Available Utilities: Electric, Water, Sewer
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,488 91,671 147,651
Median Age: 31.48 28.7 33.28
Households: 3,199 24,378 44,418

Contact

Sponsoring Organization

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