2.22 Acres Previously Approved for Hotel & Restaurant

Vacant Land for Sale
Catylist Listing ID: 30315335
Property Subtypes: Hospitality
Gross Land Area: 2.22 Acres
Sale Price: $1,999,000
Unit Price: $900,450 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2022

Overview / Comments

- Two parcels totaling 2.22 acres previously approved for an 88-room hotel and a restaurant
- Improved site with curb and sidewalk
- Across from University of California Riverside and Cal State San Bernardino’s Palm Desert campuses
- Ideally located just off I-10 and mid-way between Palm Springs and Indio, home of the renowned Music Festivals
- One mile from Classic Club, a nationally recognized championship course designed by Arnold Palmer
- One mile from the proposed 125-acre, 12,000-seat indoor sports stadium, The Arena

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 694-180-023, 025
Property Visibility: Excellent
Largest Nearby Street: Cook St, I-10 Freeway

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,494 29,660 96,114
Median Age: 48.16 57.47 50.36
Households: 1,560 14,962 43,728


Sponsoring Organization

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