12.21 Ac Commercial Land For Sale - Excellent Frontage!

Vacant Land for Sale
Catylist Listing ID: 30560523
Property Subtypes: Retail, Other
Gross Land Area: 12.21 Acres
Sale Price: $2,127,470
Unit Price: $174,239 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 2/10/2020

Overview / Comments

12.21 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: 12.21 Ac ( 531,432 SF)
-Zoned: MU (Mixed Use)
-Average Daily Traffic Count on I-10 is over 94,000 Cars Per Day
-APN: 694-060-033

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 694-060-033
Zoning: MU

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,264 23,421 81,006
Median Age: 66.34 56.63 52.61
Households: 1,223 11,058 37,901

Contact

Photograph of Listing Agent

Dick S. Baxley

Baxley Properties DACIE Member
Photograph of Listing Agent

Tony Shepherd

Baxley Properties Not a member of DACIE

Sponsoring Organization

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