100 AC with Half Mile Freeway Frontage

Vacant Land for Sale
Catylist Listing ID: 30553063
Gross Land Area: 101.61 Acres
Sale Price: $30,982,921
Unit Price: $304,920 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/17/2020

Overview / Comments

* High Visibility Key I-10 Offramp
* Exposure to 75,000 cars per day
* Half mile freeway frontage
* The Coachella Valley's Retail, Hospitality, & Mixed Use Residential Markets are experiencing strong growth, especially in the I-10 corridor
* Primary I-10 exit for Music Festivals & many residential communities
* Substantial Freeway pylon sign available
* Across from the Palm Shopping Center, a bustling new shopping center anchored by Wal-Mart, movie theater, EOS Fitness, Starbucks, & much more
* Indio is pro-growth and welcoming to new development
* Indio hosts approx. 1.4 million visitors per year and the population is projected to grow to 100,000 by 2020
* Existing signalized intersection

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 610020010, 021, 034, 036
Zoning: MU (DA)
Property Located Between: SEC Monroe St & Avenue 42
Property Visibility: Excellent
Highway Access: I-10
Topography: Level
Soil Type: Sandy
Available Utilities: Water, Sewer

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,273 81,435 148,386
Median Age: 33.03 33.58 36.15
Households: 4,374 25,058 48,608

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