Fred Waring Dr & Hoover StIndio, CA 92201

This exceptional 7.2-acre parcel, located in Indio, California at the corner of Fred Waring Dr & Hoover St (APN 610-280-002, 003), presents a unique mixed-use development opportunity. Zoned MUN (Mixed Use Neighborhood), this property allows for a blend of commercial and residential uses, potentially accommodating 20 to 40 dwelling units per acre. Its prime location offers high visibility, situated across from a Best Western Hotel and Arabian Gardens Mobile Home Park, with two signalized intersections ensuring easy access. The property benefits from its proximity to the revitalized Historic Downtown Indio, just two miles away. This area boasts significant recent development, including the Skyline at Bliss mixed-use apartment project, new restaurants, a substantial expansion of the College of the Desert, a new amphitheater, city hall, and library. Indio, the largest city in the Coachella Valley, is renowned as the "City of Festivals," hosting major events like Coachella and Stagecoach, contributing to a vibrant and growing economy. The city's pro-growth stance makes this a particularly attractive investment opportunity, priced at $3,293,136. This land offers significant potential for developers seeking to capitalize on Indio's thriving market and strategic location.