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Indio Blvd & Hoover St - 7.2 AC Mixed Use Neighborhood

7.2 Acres of Commercial Land Offered at £2,598,284 in Indio, CA 92201

Investment Highlights

  • Ideal for retail and/or apartments 20 to 40 du/ac
  • Indio is the largest city in the Coachella Valley
  • Indio is known as the City of Festivals, home to the renowned Coachella Music Festival, Stagecoach Festival & Desert Trip
  • Corner parcel, across the street from Best Western Hotel & Arabian Gardens Mobile Home Park with two signalized intersections
  • Indio is pro-growth and welcoming to new development

Executive Summary

- Ideal for retail and/or apartments 20 to 40 du/ac
- Corner parcel, across the street from Best Western Hotel & Arabian Gardens Mobile Home Park with two signalized intersections
- Two miles from Historic Downtown Indio, where the
revitalization effort has attracted new projects like Skyline
at Bliss, a 64-unit mixed use apartment project, several new restaurants, College of the Desert’s 67,000 SF $75M expansion, an amphitheater, new city hall and library, and more
- Indio is the largest city in the Coachella Valley
- Indio is known as the City of Festivals, home to the renowned Coachella Music Festival, Stagecoach Festival & Desert Trip
- Indio is pro-growth and welcoming to new development

Property Facts

Price £2,598,284
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Hold For Development
  • Hold For Investment
Total Lot Size 7.20 AC

1 Lot Available

Lot

Price £2,598,284
Price Per AC £360,873
Lot Size 7.20 AC

Description

- Ideal for retail and/or apartments 20 to 40 du/ac - Corner parcel, across the street from Best Western Hotel & Arabian Gardens Mobile Home Park with two signalized intersections - Two miles from Historic Downtown Indio, where new development is occurring, and the College of the Desert Campus is growing rapidly and is on its third expansion - Indio is the largest city in the Coachella Valley - Indio is known as the City of Festivals, home to the renowned Coachella Music Festival, Stagecoach Festival & Desert Trip - Indio is pro-growth and welcoming to new development

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 610-280-003
  • 610-280-002
Land Assessment
£479,909
Improvements Assessment
£0
Total Assessment
£479,909

zoning

Zoning Code MUN (Mixed Use Neighborhood)
MUN (Mixed Use Neighborhood)
  • Listing ID: 32770609

  • Date on Market: 12/08/2024

  • Last Updated:

  • Address: Indio Blvd & Hoover St, Indio, CA 92201

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