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80653 Hwy 111 4.06 Acres of Commercial Land Offered at $1,400,000 in Indio, CA 92201
Investment Highlights
- Main Arterial Frontage: Major arterial frontage – Located along Highway 111, the primary arterial corridor spanning ±20 miles
- Inclusive and Flexible Zoning Code: With a Designation of MU-C, the current zoning code allows for an abundance of uses including Retail, Multifamily
- Pro Growth/Development Municipality: In 2020, the City of Indio secured an SB2 planning grant from California’s Department of Housing
- Local Economy/Travel Destination: The Coachella Valley attracts around 14.4 million visitors annually, generating a significant economic impact
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Property Facts
1 Lot Available
Lot
| Price | $1,400,000 | Lot Size | 4.06 AC |
| Price Per AC | $344,827.59 |
| Price | $1,400,000 |
| Price Per AC | $344,827.59 |
| Lot Size | 4.06 AC |
Broker of Record David Harrington License # 02168060 (CA) Matthews Real Estate Investment Services, Inc 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550
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Property Taxes
| Parcel Number | 600-230-005 | Improvements Assessment | $0 |
| Land Assessment | $776,781 | Total Assessment | $776,781 |
Property Taxes
Parcel Number
600-230-005
Land Assessment
$776,781
Improvements Assessment
$0
Total Assessment
$776,781
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80653 Hwy 111
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