4.96 Ac Commercial Land For Sale

Vacant Land for Sale
Catylist Listing ID: 30560373
Property Subtypes: Multi-Family, Residential (Single Family), Retail, Other
Gross Land Area: 4.96 Acres
Sale Price: $1,600,000
Unit Price: $322,580 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 7/8/2020

Overview / Comments

4.96 Acres of commercial land available for sale. It has tremendous Highway Frontage. Directly across from major commercial developments. Fastest growing area in the Valley.

Portola Interchange Project:
The County of Riverside and City of Palm Desert, propose to construct a new interchange on I-10 at Portola Avenue. Project includes the construction of new structure crossing I-10 and the Union Pacific Railroad, (on and off ramps). Auxiliary lanes in each direction of I-10 between the new Portola Avenue ramps and the adjacent interchanges at Cook Street and Monterey Avenue would also be constructed.

-Size: 4.96 Ac ( 216,058 SF)
-Zoned: MU (Mixed Use) - see Permitted uses
-Average Daily Traffic Count on I-10 is over 94,000 Cars Per Day

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 693-230-019
Zoning: MU

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,264 25,006 86,783
Median Age: 66.34 56.64 47.92
Households: 1,223 11,760 36,772

Contact

Photograph of Listing Agent

Matthew Longstreth

Baxley Properties
DACIE Member
Photograph of Listing Agent

Tony Shepherd

Baxley Properties Not a member of DACIE

Sponsoring Organization

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