Ca-111 Coachella, CA 92201

Property Details for 0 Ca-111

Lot size

8.23 lot acres

Property type

Land

Description

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.