INTERSTATE 10.......18.11

Vacant Land for Sale
Catylist Listing ID: 30369675
Property Subtypes: Hospitality, Multi-Family, Residential (Single Family), Retail, Vacation/Resort
Gross Land Area: 18.11 Acres
Sale Price: $1,811,000
Unit Price: $100,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/1/2021

Overview / Comments

Prime Commercial development opportunity. This location is in the immediate path of growth with visible Interstate 10 frontage (55,000 vehicles per day). It is located one half mile from the Dillon Road on/off ramp. The property is very near Fantasy Springs Resort Casino, Spotlight 29 Casino, Truck Stops of America and Loves Travel Stops. Nearby proposed developments are:
COACHELLA VINEYARDS: an 185 Lot Luxury RV Park on 29.41 acres located on Dillon Rd, NE of the property, fully entitled.
POINTE HOTEL: 5.45 acre site NEC of Vista Del Norte and Dillon Rd, two hotels have been approved, also proposed is a drive-thru pad, and restaurant.
100 APARTMENT and 200 hotel units, just north of the property. Approved Parcel Map
RED MOON RV PARK: 78.3-acre RV Resort, Vista Del Norte just East of the
subject property, 46 long-term and 390 short-term rental spaces, approved
and under construction.
LA ENTRADA: 2200 acre Master Planned Community, approved Specific Plan and EIR that includes 7800 residential units, over 550 acres open space, 1.5 million square feet of retail and mixed use, 175 acres of sports/entertainment uses. It is located south of I-10 approximately two miles south east of the property. An on/off ramp will have to be built at Avenue 50 and 1-10. The adjacent 17.39 acres is also listed for sale. Water and Sewer are in Vista Del Norte.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 603-121-005
Zoning: MS, REGIONAL RETAIL DISTRICT
Property Located Between: East of Dillon Road
Property Visibility: Excellent
Largest Nearby Street: Interstate 10
Traffic/Vehicle Count: 55,000
Area Description: Fronts Interstate 10. Casinos, Retail, Travel Center, proposed developments are nearby. Other Influential area events consist of Coachella Music and Arts Festival, 250,000 visitors, Stage Coach Music Festival, 100,000 visitors, Riverside Date Festival, 276,000 visitors, BNP Paribas Tennis Tournament, 439,000 visitors, (HITS), Horse Shows in The Sun and the world famous Eldorado and Empire Polo Clubs.
Zoning Description: Regional, Retail District.......... Retail, Lodging, Entertainment and Residential............10 to 15 units per acre
Topography: Gently Sloping

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 33,266 96,431
Median Age: 27.36 28.22
Households: 7,879 25,174

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