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    OFF-MARKET
    Land

    0 Ca-111, Coachella, CA 92201

    8.23 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 8.23 ac (358,499 SF)
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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