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    116 Fred Waring Dr Indio, CA 92203

    For Sale
    $1,100,000

    Corner land parcel ideal for apartments near downtown Indio.

    Property size:
    140,699 SF
    Lot size:
    3.23 Acres

    Property Features for 116 Fred Waring Dr

    General Information

    Size
    140,699 SF
    Lot size
    3.23 Acres

    Source: Desert Pacific Properties Agent Paula Turner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Parcel Near Downtown Indio

    This corner land parcel, totaling 140,699 square feet, is located two miles from historic downtown Indio. It is adjacent to the Best Western Hotel, Arabian Gardens Mobile Home Park, and neighborhood commercial uses. The property is ideally suited for apartments with a density of 20 to 40 dwelling units per acre. Indio is described as pro-growth and welcoming to new development, suggesting a favorable environment for new projects.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indio
    County
    Riverside
    State
    California
    Longitude
    -116.286327
    Latitude
    33.729058

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    FAQs

    What type of property is this?
    Land - Corner land parcel ideal for apartments near downtown Indio.
    Where is this land located?
    The property is located at 116 Fred Waring Dr Indio, CA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Ideal for apartments: Suited for apartment complexes with 20 to 40 units per acre.; - Pro-growth environment: Located in Indio, a city described as 'Pro-Growth'.; - Corner parcel: Offering increased visibility and accessibility.
    (760) 578-6564
    Request Owner's contact information
    116 Fred Waring Dr Indio, CA 92203
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    Indio, CA 92203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 Fred Waring Dr Indio, CA 92203
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