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NWC Fred Waring/Hoover - 3.23 - 7.2 AC Mixed Use Neighborhood 3.23 Acres of Residential Land Offered at $1,100,000 in Indio, CA 92201

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INVESTMENT HIGHLIGHTS

  • Ideal for apartments 20 to 40 du/ac
  • Near History Downtown Indio where the revitalization effort has attracted new projects like Skyline at Bliss, a 64-unit apartment project and more
  • Indio is known as the City of Festivals
  • Corner parcel, adjacent to Best Western Hotel & Arabian Gardens Mobile Home Park & neighborhood commercial uses
  • Indio is the largest city in the Coachella Valley
  • Indio is pro-growth and welcoming to new development

EXECUTIVE SUMMARY

- All or Part
- Ideal for apartments 20 to 40 du/ac
- Corner parcel, adjacent to Best Western Hotel & Arabian Gardens Mobile Home Park & neighborhood commercial uses
- Two miles from History Downtown Indio, where the revitalization effort has attracted new projects like Skyline at Bliss, a 64-unit mixed use apartment project, several new restaurants, College of the Desert’s 67,000 SF $75M expansion, an amphitheater, new city hall and library, and more
- Indio is the largest city in the Coachella Valley
- Indio is known as the City of Festivals, is home to the renowned Coachella Music Festival, Stagecoach Festival & Desert Trip
- Indio is pro-growth and welcoming to new development

PROPERTY FACTS

Price $1,100,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Hold For Development
  • Hold For Investment
Total Lot Size 3.23 AC
Cross Streets Fred Waring
Zoning MUN - Mixed Use Neighborhood, allows: multi family house and limited neighborhood commercial uses.

1 LOT AVAILABLE

Lot

Price $1,100,000
Price Per AC $340,557.28
Lot Size 3.23 AC

Corner signalized parcel.

DESCRIPTION

- Ideal for apartments 20 to 40 du/ac - Corner parcel, adjacent to Best Western Hotel & Arabian Gardens Mobile Home Park & neighborhood commercial uses - Two miles from History Downtown Indio, where the revitalization effort has attracted new projects like Skyline at Bliss, a 64-unit mixed use apartment project, several new restaurants, College of the Desert’s 67,000 SF $75M expansion, an amphitheater, new city hall and library, and more - Indio is the largest city in the Coachella Valley - Indio is known as the City of Festivals, is home to the renowned Coachella Music Festival, Stagecoach Festival & Desert Trip - Indio is pro-growth and welcoming to new development

  • Listing ID: 29904437

  • Date on Market: 10/27/2023

  • Last Updated:

  • Address: NWC Fred Waring/Hoover, Indio, CA 92201

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