You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Land

0 Avenue 42 Indio, CA 92203

Property ID
Property summary
AI-generated overview

This exceptional 11.11-acre land parcel in Indio, CA (92203), presents a remarkable opportunity to acquire a fully approved 247-unit multi-family development, The Alexian at Northgate Crossing. Situated within a thriving 80-acre mixed-use master-planned community, this project boasts convenient access to I-10, Highway 111, and nearby La Quinta and Bermuda Dunes. The Alexian features efficiently designed one- and two-bedroom apartments (50% each), averaging 988 square feet, ranging from 707 to 1,086 square feet. The contemporary design incorporates three-story walk-up stacked flats with tuck-under parking, providing one enclosed garage per unit (approximately 147 tuck-under, remainder detached). Two-bedroom units also include a covered carport. Community amenities include a resort-style pool, club room, leasing office, and a 3,890 square foot fitness center. The project's location offers residents walkability to nearby retail, dining, and entertainment options, including Arco/AMPM/Car Wash, Sonic, McDonald's, and Del Taco, already established within Northgate Crossing. This development represents a rare opportunity to control a significant portion of the future residential rental supply in the rapidly growing Indio and La Quinta area, a location known as the new gateway to La Quinta and Northwest Indio. The Alexian is strategically positioned near the Jefferson Interchange, providing easy access to major thoroughfares and nearby attractions, including PGA West in La Quinta and Fantasy Springs Casino. This is a truly unique opportunity for a multi-family developer to secure a prime asset in a high-demand market.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Avenue 42?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message