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    Nec Jefferson St & Varner Rd Indio, CA 92203

    For Sale
    $2,489,454

    3.81 Acres, Retail Potential, High Traffic

    Property size:
    165,963 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 3.81-acre commercial land parcel is situated at the northeast corner of Jefferson Street and Varner Road in Indio, California (APN: 691-290-035, 691-290-041, 691-290-042). Zoned PMP, it offers significant development opportunities. An approved site plan for retail already exists, and there's potential for multi-family development, with up to 20 units per acre on a potentially expanded 10-12 acre site. The property boasts 165,963 square feet and is listed at $2,489,454, or $15 per square foot. This prime location benefits from its proximity to Del Webb Shadow Hills, a 3,450-home community, and is conveniently located near the main freeway exit for the Coachella and Stagecoach Music Festivals. Furthermore, it's within one mile of Shadow Hills High School, Desert Ridge Middle School, and a new elementary school. The property enjoys impressive traffic counts and is in Indio, the fastest-growing city in the Coachella Valley. Three miles away is the new Coachella Valley Stadium/Arena, which opened in November 2022. This presents a unique investment opportunity with high potential for significant returns. The land value is also $15 per square foot. The property is currently vacant.

    Property Features for 0 Nec Jefferson St & Varner Rd

    General Information

    Property type
    Retail properties
    Square Feet
    165,963 SF
    Lot Size
    165,964 SF

    HighLights

    • Located at the signalized intersection of Varner Road and Jefferson Street.
    • Adjacent to the 3,450‑home Del Webb Shadow Hills community.
    • Approved site plan for retail development.
    • Main freeway exit for Coachella and Stagecoach Music Festivals.
    • Within one mile of Shadow Hills High School, Desert Ridge Middle School, and a new elementary school.
    • Situated in Indio, the fastest‑growing city in the Coachella Valley.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Indio
    County
    Riverside
    State
    California
    Longitude
    -116.26874398145
    Latitude
    33.752500073772

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    FAQs

    What type of property is this?
    Retail property - 3.81 Acres, Retail Potential, High Traffic
    Where is this retail property located?
    The property is located at Nec Jefferson St & Varner Rd Indio, CA.
    What is the asking price?
    The asking price for this property is $2,489,454.
    What are key features of this property?
    This property features: Located at the signalized intersection of Varner Road and Jefferson Street.; Adjacent to the 3,450-home Del Webb Shadow Hills community.; Approved site plan for retail development.
    Request Owner's contact information
    Nec Jefferson St & Varner Rd 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
    Nec Jefferson St & Varner Rd Indio, CA 92203
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