One Indian Wells

Vacant Land for Sale
Catylist Listing ID: 30348739
Property Subtypes: Hospitality, Office, Retail, Vacation/Resort
Gross Land Area: 15.40 Acres
Sale Price: $6,540,000
Unit Price: $424,675 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 1/20/2019

Overview / Comments

2,000 Feet of Prime Highway 111 Frontage
Adjacent to new $130 Million six-story hotel
Adjacent to the site of BNP Paribas Open - 471,000 Attendee Tennis Event
Most Prestigious address in the California Desert Resort Community
Fully signalized ingress/egress (multiple)

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 633-310-005, 633-310-006, 633-310-011, 633-310-016, 633-310-017
Zoning: HW
Property Located Between: Miles Ave and Washington St on Highway 111, Indian Wells, CA
Property Visibility: Excellent
Largest Nearby Street: Miles Ave.
Feet of Frontage: 2,000
Site Description: Rare opportunity to capture prestigious frontage along Highway 111 in the City of Indian Wells. Ideal as a Lifestyle Development Site for Hotels; Entertainment; Dining and Specialty Retail
Area Description: At the NEC of Highway 111 and Miles Avenue. 1/4 mile west of Marriott; Hyatt; and Miramonte resorts, with their 1400 rooms and 55,000 SF of meeting space. One Indian Wells features more than 2,000 feet of frontage and multiple signalized access points and is immediately adjacent to a newly approved $130 Million, six-story hotel.
Available Utilities: Electric, Water, Gas, Sewer

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,044 54,813 146,133
Median Age: 50.5 47.55 45.56
Households: 3,012 23,999 60,557

Contact

Photograph of Listing Agent

Kathleen Howard

NAI Capital DACIE Member

Sponsoring Organization

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