61 ac Freeway Mixed Use

Vacant Land for Sale
Catylist Listing ID: 30564245
Gross Land Area: 61 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/23/2020

Overview / Comments

• Potential Uses - Multi Family, commercial senior & hotel
• Located on the Ave 42 corridor, one of the top opportunity areas in Indio
• The Coachella Valley's retail. hospitality, & 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
• 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 100,000 by 2020.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 610-020-001
Zoning: MUSP (MIXED USE SPECIFIC PLAN)
Property Located Between: Monroe St & I-10 Fwy
Property Visibility: Excellent
Topography: Level
Soil Type: Sandy
Available Utilities: Water, Sewer

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,966 89,686 152,893
Median Age: 44.01 34.53 36.73
Households: 3,740 28,633 50,847

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