Coachella, Residential and Commercial

Vacant Land for Sale
Catylist Listing ID: 30712942
Property Subtypes: Multi-Family, Residential (Single Family), Retail
Gross Land Area: 155.95 Acres
Sale Price: $7,017,750
Unit Price: $45,000 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/14/2021

Overview / Comments

Prime Residential and Commercial development opportunity. COACHELLA: It is very near the California SR 86 and Airport Blvd. on/off ramps. Influential area events consist of Coachella Music and Arts Festival, 250,000 visitors, Stage Coach Music Festival, 100,000 visitors, Riverside Date Festival, 276,000 visitors, BNP Paribas Tennis Tournament, 439,000 visitors, (HITS), Horse Shows in The Sun and the world famous Eldorado and Empire Polo Clubs. Buy and lease back to growers while getting your entitlements. Additional APNs: 763-360-008, 009, 012. Call the City of Coachella for water and sewer availability.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Taxing Authority: RIVERSIDE COUNTY
Tax ID/APN: 763-370-020
Zoning: RESIDENTIAL AND COMMERCIAL
Property Located Between: Ave 54 and Ave 56
Property Visibility: Excellent
Largest Nearby Street: SR 86
Highway Access: Located near the Airport Blvd. on/off ramp
Airports: Thermal Airport, nearby
Lot Frontage: 3960 +/-
Zoning Description: R-PUD - RESIDENTIAL PLANNED UNIT DEVELOPMENT, 120 minus R-M - RESIDENTIAL MULTIPLE FAMILY, 20 acres minus C-G - GENERAL COMMERCIAL, 20 acres minus
Topography: Level
Water Service: None
Sewer Type: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,019 16,112 56,630
Median Age: 27.5 25.24 25.18
Households: 500 3,632 12,914

Contact

Sponsoring Organization

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