0 Boca Chica Trail

Vacant Land for Sale
Catylist Listing ID: 30729228
Property Subtypes: Hospitality, Office, Residential (Single Family), Retail, Retail-Pad
Gross Land Area: 11.79 Acres
Sale Price: $499,000
Unit Price: $42,324 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/27/2021

Overview / Comments

This is an amazing opportunity to purchase 11.79 acres of vacant land in Thousand Palms. This property has +/-2,200' of freeway frontage and is located adjacent to the bustling Desert Gateway shopping center. This property also has incomparable visibility, receiving traffic of up to 140,000 cars per day. The construction of a $250 million sports and entertainment arena in proximity to the property will bring exponential financial growth to the area. Potential uses for the land include a hotel, retail/shopping center, single family residences, and more. Don't miss out on this incredible development opportunity!

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 693-230-012, 013
Zoning: MU
Property Visibility: Excellent
Soil Type: Sandy

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,264 23,421 81,006
Median Age: 66.34 56.63 52.61
Households: 1,223 11,058 37,901

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