0 Ca-111, Coachella, CA 92201
This exceptional 8.23-acre commercial and residential land parcel presents a unique investment opportunity in the thriving city of Indio, California. Boasting 615 feet of frontage on Highway 111, this highly visible property enjoys an average daily traffic count of 38,037 vehicles (at the intersection of Highway 111 and Jefferson Street). The location is strategically situated directly across from Jackalope Ranch Restaurant and adjacent to Shield's Date Gardens and a high-end RV park, ensuring high traffic and visibility. The property is zoned to allow for a variety of uses, including multi-family residential, senior living, hotel, and commercial development. A previously approved project master plan outlines a 192-unit/228-bed senior living community and 43,875 square feet of retail, restaurant, and office space. This land is situated within the Mixed Use Specific Plan (MUSP 300) and The Palms Project Masterplan, offering streamlined development processes. The property's prime location in Indio's "West Gateway," near La Quinta, makes it an ideal site for a variety of development projects. The APN is 600-220-021 & 022, & 023. This is a rare opportunity to acquire a large, strategically located parcel in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.