22 ac Freeway Mixed Use

Vacant Land for Sale
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

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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

Contact

Sponsoring Organization

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