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    Avenue 53 Coachella, CA 92236

    Sponsored
    For Sale
    $800,000

    4.75 Acres, Urban Employment Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.75-acre vacant land parcel in Coachella, CA (APN 778-390-003) presents a compelling investment opportunity. Zoned UE (Urban Employment), it allows for diverse commercial and light industrial uses, including office spaces, R&D facilities, neighborhood retail, restaurants, and light industrial uses (Conditional Use Permit may be required for some). The property benefits from its location within an Opportunity Zone, providing significant federal tax incentives for investors. Situated in Airport Influence Area Zone D, this site offers convenient access to transportation infrastructure. Utilities are readily available, with overhead power (IID) on-site and underground power, water (CVWD 12" line), and sewer (CVWD 12" line) accessible via Avenue 53. The property enjoys excellent frontage on Avenue 53, situated between Shady Lane and Tyler Street, ensuring high visibility and accessibility. This is a prime location for development, offering a unique blend of zoning flexibility, tax advantages, and convenient access to essential utilities. The property is currently vacant and ready for immediate development.

    Property Features for 0 Avenue 53

    General Information

    Property type
    Land
    Lot Size
    206,910 SF

    HighLights

    • 4.75‑acre vacant land parcel in Coachella, CA (APN: 778‑390‑003), priced at $800,000.
    • U‑E (Urban Employment) zoning allows office, R&D, neighborhood retail, restaurants, and light industrial uses (CUP may be required).
    • Located in an Opportunity Zone, providing federal tax incentives.
    • Situated in Airport Influence Area Zone D.
    • Utilities include overhead power (IID), and access to underground power, water (CVWD 12" line), and sewer (CVWD 12" line) on Avenue 53.
    • Frontage on Avenue 53, between Shady Lane and Tyler Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Coachella
    County
    Riverside
    State
    California
    Longitude
    -116.17227474695
    Latitude
    33.664023611769

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    FAQs

    What type of property is this?
    Land - 4.75 Acres, Urban Employment Zoning
    Where is this land located?
    The property is located at Avenue 53 Coachella, CA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 4.75-acre vacant land parcel in Coachella, CA (APN: 778-390-003), priced at $800,000.; U-E (Urban Employment) zoning allows office, R&D, neighborhood retail, restaurants, and light industrial uses (CUP may be required).; Located in an Opportunity Zone, providing federal tax incentives.
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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
    Avenue 53 Coachella, CA 92236
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