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    Avenue 42 Indio, CA 92203

    Sponsored
    For Sale
    $2,975,000

    6.5-acre prime industrial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 6.5-acre industrial land parcel in Indio, California (APN 610-270-076), presents a remarkable development opportunity. Located at Ave 42, 92203, in Riverside County, this FEE-simple property is zoned COMMUNITY COMMERCIAL and offers exceptional visibility due to its signalized corner location. The asking price is $2,975,000, translating to $10.51 per square foot. This thriving area boasts significant existing and planned retail development, making it an attractive investment. The property enjoys convenient access to Interstate 10 via Jackson Street, placing it within easy reach of major transportation routes. The surrounding area is home to a diverse range of established businesses, including Marshall's, Big Lots, Chase Bank, Starbucks, Ross, Payless Shoes, Walmart, Home Depot, Hampton Inn, and Marriott's Fairfield Inn, along with other proposed large hotels. This prime location ensures high visibility and accessibility for any future development. Water and sewer services are readily available on the street. The owners are open to considering a long-term lease option. This presents a unique chance to capitalize on the booming Coachella Valley real estate market and establish a presence in a high-traffic, well-established commercial area.

    Property Features for 0 Avenue 42

    General Information

    Property type
    Land
    Lot Size
    283,140 SF

    HighLights

    • Prime light industrial development site.
    • Excellent access to major transportation arteries.
    • High‑demand location with strong tenant demand.
    • Zoned for a variety of light industrial uses.
    • Utilities readily available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Indio
    County
    Riverside
    State
    California
    Longitude
    -116.224487
    Latitude
    33.743661

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    FAQs

    What type of property is this?
    Land - 6.5-acre prime industrial lot, ideal for development.
    Where is this land located?
    The property is located at Avenue 42 Indio, CA.
    What is the asking price?
    The asking price for this property is $2,975,000.
    What are key features of this property?
    This property features: Prime light industrial development site.; Excellent access to major transportation arteries.; High-demand location with strong tenant demand.
    Request Owner's contact information
    Avenue 42 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
    Avenue 42 Indio, CA 92203
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