442-241-0140
, Indio, CA for Sale
Land - FOR SALE
1/14

Improved Commercial Parcels
Indio, CA


HIGHLIGHTS

  • Commercial parcel in the middle of booming commercial area - the City lists on its website 34 development projects in process in town
  • 2021 Indio was rated #18 in the Top 50 Boomtowns in the USA at SmartAssets.com, the only California city to be in the top 20.
  • Indio the largest and fastest growing city in the valley. A population of 90,000+. It has 3000 new homes and numerous apartment buildings in process.
  • Indio's Primary Retail Trade Area population 2021 is 206,038. Secondary Retail Trade Area population 2021 is 317,367. 30% are 24 years old or younger.
  • The parcelis highly visible with easy access and freeway close with many possible development opportunities.
  • 11.4ac Ave 42 & Spectrum St $5,949,797

OVERVIEW

The parcel prices is on the brochures. The parcels are in a City of Indio “Key Development Zone,” designated as the “North Freeway Commercial Zone.” The area is on the north side along the I-10 Freeway along Ave 42. Lots of new commercial and residential development is taking place in the immediate area. There are four retail shopping centers in the immediate vicinity. Our last remaining parcel is zoned regional commercial. It is a whole block. Rough graded. Has streets and four sides and most of the curbs, gutters, sidewalks, and utilities. This 11.43ac parcel is diagonal in front of the Super Walmart store. It has a corner with a busy signalized intersection, at Ave 42 and Spectrum Street, and the other three corners have stop signs. There is an 850-student elementary school just off Ave 42, that causes heavy traffic on Ave 42 twice a day, five days a week. There is an entrance close by on Monroes Street to the 3,500-home Sun City Shadow Hills community. Plus, the Sun City Palm Desert community, with 5,000 homes, is just two miles away. The City of Indio is “The City of Festivals.” As a result, the various special events have a significant positive economic impact on Indio and the Coachella Valley overall. Over 1 million people attend events and festivals in Indio annually. It includes the world-famous annual Coachella Valley Music & Arts Festival every April with an attendance of 125,000 people on two consecutive weekends, and the Stagecoach Country Music Festival follows on the third weekend with an attendance of 85,000 people. Indio is the RV headquarters of the Palm Springs area, with several RV resorts in town. Three of the Indio RV resorts are rated in California's Top 10 Best RV Resorts. A couple of the resorts are for million-dollar motorcoaches only. The Greater Palm Springs Convention & Visitor's Bureau began a new marketing campaign a few years ago to increase annual overnight visitors to the valley from 4 million to 20 million by 2026. The City of Indio supports new development and offers some assistance: The city provides some economic incentives for hotels and movie theater development. The 11.43-acre block parcel at Ave 42 and Spectrum Street is a zoned regional commercial. Price $5,949,795

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442-241-0140

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Bruce LattaBruce LattaMore Info
442-241-0140

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.