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    79291 Avenue 40 Indio, CA 92203

    Sponsored
    For Sale
    $1,474,000

    Prime Indio location, 4.17 acres, retail/commercial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 4.17-acre commercial land parcel presents a unique investment opportunity in Indio, California. Located near a major auto park, the property boasts a highly desirable location with permitted zoning for a wide range of commercial uses, including large-format retail, commercial services, lodging, entertainment, restaurants, parks, and recreation. The property's APN is 607-230-004, with an additional APN of 607-230-006 also associated. While there are miscellaneous structures and a small residential structure on the site, these are considered to have no value and are occupied by a tenant who imports their own water. Water access is available in the street. Access to view the residential structure is contingent upon a mutually signed purchase and sale agreement. This property offers significant potential for developers and investors seeking a prime location in a thriving market. The asking price is $1,474,000. The address is 79291 Ave 40, Indio, CA 92203, situated in Riverside County.

    Property Features for 79291 Avenue 40

    General Information

    Property type
    Land
    Lot Size
    181,645 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Indio
    County
    Riverside
    State
    California
    Longitude
    -116.28142986
    Latitude
    33.75841535

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    FAQs

    What type of property is this?
    Land - Prime Indio location, 4.17 acres, retail/commercial zoning.
    Where is this land located?
    The property is located at 79291 Avenue 40 Indio, CA.
    What is the asking price?
    The asking price for this property is $1,474,000.
    Request Owner's contact information
    79291 Avenue 40 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
    79291 Avenue 40 Indio, CA 92203
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