80225 Highway 111

Indio, California

Street View

For sale, is a prime 12. 56 acre parcel at shield/hwy 111. Subject is part of the 50 acre polo square (ps) mixed use project master plan (pmp). Pursuant to ps pmp, approved by city of indio in 2008 (available on city website), the pmp approved 350,000sf commercial retail uses, 200,000sf commercial offices, 120 room hotel, 2nd 35,000sf hotel & 516 residential units. Subject 12. 5 acre parcel is currently up-zoned to medium density residential (north half aka northern parcel b, 7. 1 acres) and mixed use (south half aka northern parcel a, 5. 46 acres). North parcel b, 7. 1 acres, was approved for 56 residential units pursuant to ps pmp. Located minutes from coachella music festival and the indio fashion mall (recently sold and being redeveloped). Next in line parcel, just over the laquinta border (jefferson street). Enormous development opportunity in an area poised for growth. Buyer to confirm all zoning and provisions of ps pmp with the city of indio.
Property Detail
Bedrooms 0
Bathrooms 0
Property Type Land
Year Built 0
Home Size 0 sqft
Lot Size 12.5600 Acres
MLS# 219030638
County Riverside County
Features
Listing Agent: David Leventhal Broker: David Leventhal, Broker Broker Phone: 6612511000
Location

Riverside County Indio 80225 Highway 111

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Neighborhood Info

Indio - 92201

The vacancy rate of homes in 92201 is 16.87% with 50.01% of homes being owner-occupied. The median household income in 92201 is $43055 per year with those between 45 and 64 having the highest median income at $54046.

School in Indio, CA
School Type Grade Distance
John Glenn Middle School Of International Studies Public 6-8 1.28 mi
Amelia Earhart Elementary School Of International Studies Public K-5 1.16 mi
Dr. Reynaldo J. Carreon Jr. Academy Public K-5 1.47 mi
Neighborhood Demographic

Demographic in Indio - 92201

Median Income $43055
Avg Household Size 3.322
Median Age 32.57
White Collars 31%
College Grad 35%

Community Specialist

Tomer Meghnagi

Tomer Meghnagi Broker

CA BRE#01867025

760-275-6681

Copyright © 2020 California Desert Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Home TypeLand
Year Built0
Lot Size12.5600 Acres

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Community Specialist

Tomer Meghnagi

Tomer Meghnagi Broker

CA BRE#01867025

760-275-6681

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