6.12 AC Vacant Land - Retail

Vacant Land for Sale
Catylist Listing ID: 30055059
Property Subtypes: Retail, Retail-Pad, Vacation/Resort
Gross Land Area: 6.12 Acres
Sale Price: $1,866,110
Unit Price: $304,919 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/1/2021

Overview / Comments

This small project development site is located between ARCO AM/PM store and the City of Indio's Municipal golf Course, with 531 feet of frontage on Avenue 42. There is a 0.70 acre pad located just north of the AutoZone building. The pad can be expanded up to approximately 1 acre. Zoning allows for medical, professional, and administrative office space, retail, service businesses, restaurants, and grocery stores. The property is adjacent to solid residential development and across the street from regional retail shopping centers.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Taxing Authority: Riverside County California
Tax ID/APN: 692-670-001; 004; 005; 009; 012
Zoning: COMMERCIAL
Property Located Between: On the northeast corner of Avenue 42 and Jackson Street
Property Visibility: Excellent
Legal Description: APN's 692-670-001; 004; 005; 009; 012
Largest Nearby Street: Jackson Street
Feet of Frontage: 530
Traffic/Vehicle Count: 28,000
Highway Access: Just north of the I-10 freeway.
Airports: Palm Springs International, Jacqueline Cochran, Bermuda Dunes
Site Description: Rough graded property surrounding the ARCO AM/PM and AutoZone facilities that are located on the NEC of Jackson St. and Ave. 42 in north Indio. Off-site improvements and perimeter utilities have been installed. High traffic intersection.
Area Description: Key commercial intersection in NE Indio. Surrounding tenants include The Home Depot, WinCo Foods, Marshalls, Ulta, Petco, Big Lots, Dollar Tree, Rue 21,Vallarta supermarket, Tractor Supply, Treasure Hunt and more.
Lot Frontage: 530 feet on Ave. 42, 203 feet on Jackson Street
Lot Depth: Irregular
Zoning Description: CC
Development Name: Shops at the Greens
Topography: Level
Easements: Ingress/Egress
Easements Description: Ingress/Egress easements with adjacent ARCO AM/PM and Auto Zone properties plus the Indio Municipal Golf Course.
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,134 66,864 136,470
Median Age: 30.19 32.26 35.62
Households: 3,510 19,705 43,867

Sponsoring Organization

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