3.92 ac Mixed Use- Hwy 111 Frontage in Indio

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30209858
Property Subtypes: Hospitality, Office, Retail
Status: Pending
Gross Land Area: 3.92 Acres
Sale Price: $940,000
Unit Price: $239,795 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/30/2019

Overview / Comments

• Prime 3.92 acres with approx. 275 ft of Highway 111 frontage

• Adjacent to Travelodge and Palm Shadow Inn motels

• Mixed use zoning allows for mixed residential, commercial, zero lot line developments and senior housing

• Traffic Counts: 29,871 cars per day

• The City of Indio, known as the “City of Festivals” plays host to the famous Coachella, Stagecoach and Desert Trip Music Festivals

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 600-230-005
Zoning: MUSP 300 (HIGHWAY 111 CORRIDOR MIXED USE SPECIFIC PLAN)
Property Visibility: Excellent
Topography: Level
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,965 99,165 168,170
Median Age: 33.28 35.29 35.27
Households: 5,027 31,936 54,244

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