3.92 ac Mixed Use- Hwy 111 Frontage in Indio

Vacant Land for Sale
Catylist Listing ID: 30209858
Property Subtypes: Hospitality, Office, Retail
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: 10/19/2018

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)
Available Utilities: Electric, Water, Sewer
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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