Current Use by Public Records
- Land
Property Details for 111 Hwy
- Lot size
- 20.40 lot acres
- Property type
- Land
Description
This exceptional 20.4-acre commercial land parcel presents a significant investment opportunity in Coachella, California. Located on Highway 111, the property boasts valuable frontage on this major thoroughfare, as well as additional road frontage on Tyler Street. The land is zoned for Suburban Retail use, ideal for large-format retailers or a mixed-use development. This zoning designation allows for the concentration of retail businesses, including "big box" stores, while maintaining pedestrian-friendly access and incorporating town-scale buildings. The property's strategic location benefits from proximity to major events such as the Coachella Music and Arts Festival, Stagecoach Music Festival, BNP Paribas Tennis Tournament, and the International Horse Park, ensuring high visibility and potential for significant foot traffic. Water and sewer services are conveniently available on Tyler Street. The asking price is $2,500,000, representing a price per acre of $166,666. The Assessor's Parcel Number (APN) is 763-131-044, and the ownership is fee simple. This property offers a unique chance to capitalize on the growth and vibrancy of Coachella's retail sector. The property's size and location make it suitable for a variety of commercial developments, offering substantial potential for long-term return on investment.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coachella
- County
- Riverside
- State
- California
- Longitude
- -116.163
- Latitude
- 33.6654
