Avenue 42 Indio, CA 92203
- Land
- 6.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Avenue 42
- Lot size
- 6.50 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This 6.5-acre industrial land parcel in Indio, California (APN 610-270-076), presents a remarkable development opportunity. Located at Ave 42, 92203, in Riverside County, this FEE-simple property is zoned COMMUNITY COMMERCIAL and offers exceptional visibility due to its signalized corner location. The asking price is $2,975,000, translating to $10.51 per square foot. This thriving area boasts significant existing and planned retail development, making it an attractive investment. The property enjoys convenient access to Interstate 10 via Jackson Street, placing it within easy reach of major transportation routes. The surrounding area is home to a diverse range of established businesses, including Marshall's, Big Lots, Chase Bank, Starbucks, Ross, Payless Shoes, Walmart, Home Depot, Hampton Inn, and Marriott's Fairfield Inn, along with other proposed large hotels. This prime location ensures high visibility and accessibility for any future development. Water and sewer services are readily available on the street. The owners are open to considering a long-term lease option. This presents a unique chance to capitalize on the booming Coachella Valley real estate market and establish a presence in a high-traffic, well-established commercial area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indio
- County
- Riverside
- State
- California
- Longitude
- -116.224
- Latitude
- 33.7437
