Fred Waring Dr & Hoover St Indio, CA 92201

Listing office Desert Pacific Properties Inc s***@dppllc.com Show Phone

Listing date Aug 12, 2024

Source Crexi

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Investment Insights

Based on property information with market context.

This corner parcel is ideally suited for retail and/or apartment development, with a density of 20 to 40 dwelling units per acre. The property is located across the street from the Best Western Hotel and Arabian Gardens Mobile Home Park and benefits from two signalized intersections. Situated two miles from Historic Downtown Indio, the site is near revitalization efforts that have attracted new projects such as Skyline at Bliss, a 64-unit mixed-use apartment project, several new restaurants, College of the Desert’s 67,000 square foot $75 million expansion, an amphitheater, a new city hall, and a library. Indio, the largest city in the Coachella Valley, is known as the City of Festivals and home to the Coachella Music Festival, Stagecoach Festival, and Desert Trip. Indio is pro-growth and welcoming to new development.

Key Highlights

• Corner parcel ideal for retail and/or apartments (20‑40 du/ac).
• Located across the street from Best Western Hotel & Arabian Gardens Mobile Home Park with two signalized intersections.
• Two miles from Historic Downtown Indio, experiencing revitalization with new projects.

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FAQs

What type of property is this?

Commercial land - Corner parcel suitable for retail or apartments in Indio, CA.

Where is this commercial land located?

The property is located at Fred Waring Dr & Hoover St Indio, CA.

What is the asking price?

The asking price for this property is $3,293,136.

What are key features of this property?

This property features: Corner parcel ideal for retail and/or apartments (20‑40 du/ac).; Located across the street from Best Western Hotel & Arabian Gardens Mobile Home Park with two signalized intersections.; Two miles from Historic Downtown Indio, experiencing revitalization with new projects.