Hoover St Indio, CA 92201

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

Listing date Oct 27, 2023

Source Crexi

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Investment Insights

Based on property information with market context.

This corner parcel is suitable for apartment development with a density of 20 to 40 dwelling units per acre. It is adjacent to the Best Western Hotel and Arabian Gardens Mobile Home Park, as well as neighborhood commercial uses. The property is located two miles from historic downtown Indio, where revitalization efforts 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 and known as the City of Festivals, hosts the Coachella Music Festival, Stagecoach Festival, and Desert Trip. Indio is pro-growth and welcomes new development.

Key Highlights

• High‑density zoning (20‑40 du/ac) ideal for apartment development.
• Prime corner parcel location adjacent to established businesses.
• Proximity to Downtown Indio's revitalization projects.

Property Analytics

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FAQs

What type of property is this?

Commercial land - Land suitable for apartments near downtown Indio revitalization efforts.

Where is this commercial land located?

The property is located at Hoover St Indio, CA.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: High‑density zoning (20‑40 du/ac) ideal for apartment development.; Prime corner parcel location adjacent to established businesses.; Proximity to Downtown Indio's revitalization projects.