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$359,900
82950 Highway 111 Indio, CA 92201
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$359,900
Est. payment /mo
0.34 Acres Lot
Active
82950 Highway 111 Indio, CA 92201
UPDATED:
08/07/2024 01:47 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 219110622
HOA Y/N No
Lot Size 0.340 Acres
Acres 0.34
Property Description
Property is part of the Downtown Specific Plan. Actual Zoning is DT-N (Downtown Neighborhood) up to 4 stories, walkable urban neighborhood. Large City of Indio parking lot across the street. Seller has old plans for 2-Story Commercial Office building with 8 Suites. The old plan calls for 22 parking space to accommodate 5,536 square feet of rentable space. 15 of the parking spaces are planned on site, the balance of 7 spaces are located in the City of Indio parking lot behind the Applebee's restaurant located at the corner of Smurr & Hwy 111 across the street from the subject property. It may be possible for a new owner to increase the amount of rentable square footage. The zoning allows the structure to be up to 4 Stories in height. The proximity of the County of Riverside Larson Justice Center makes property highly desirable for Commercial Office or Urban Mix Retail/Office use. Buyer should check with City of Indio to verify zoning and possible use, especially as it relates to the City parking lot to possibly qualify higher square footage use.
Location
State CA
County Riverside
Area 311 - Indio Central
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N true
View City
Private Pool No
Building
Lot Description 2 - 4 Lots, Alley Paved, Corner Lot, Near Public Transit
Sewer Unknown
Schools
School District Desert Sands Unified
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Arris Properties