Catylist ID:
#30564236
| Catylist Listing ID: | 30564236 |
| Gross Land Area: | 22.08 Acres |
| Sale Price: | $3,799,128 |
| Unit Price: | $172,061 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/9/2020 |
Overview / Comments
|
• Exposure to 75,000 cars per day • Half mile of freeway frontage • The Coachella Valley’s retail, hospitality, and mixed use residential markets are experiencing strong growth, especially in this I-10 corridor • Located near the primary I-10 exit for music festivals and many residential communities • Substantial freeway pylon sign available • Indio is pro-growth and welcoming to new development • Indio hosts approximately 1.4 million visitors per year and the population is projected to grow to 100,00 by 2020 • Mixed Use High Density Residential & Retail Site |
Additional Details
| Nearest MSA: | Riverside-San Bernardino-Ontario |
| County: | Riverside |
| Tax ID/APN: | 610-020-012, 610-020-013 |
| Zoning: | MUSP (MIXED USE SPECIFIC PLAN) |
| Property Located Between: | Monroe St & I-10 Fwy |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Monroe St |
| Topography: | Level |
| Soil Type: | Sandy |
| Available Utilities: | Water, Sewer |
| Water Service: | Other |
| Sewer Type: | Other |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 11,802 | 91,642 | 158,850 |
| Median Age: | 44.82 | 34.94 | 36.74 |
| Households: | 4,473 | 29,487 | 52,840 |
Sponsoring Organization
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