80225 Highway 111

    Indio, CA 92201
    • $3,125,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: 219030638DA
    UPDATED: 159 min ago
    $3,125,000
    • 0
      BEDS
    • 12.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T00:33:43.89. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
    www.northsdrealty.com/homes/99633134

    80225 Highway 111 Indio, CA 92201

    • Price: $3,125,000
    • Status: Active
    • Updated: 159 min ago
    • ID#: 219030638DA
    0
    Beds
    0
    Baths
    0
    ½ Baths
    12.56
    Acres
    Neighborhood:
    Not Applicable-1
    County:
    Riverside
    Area:
    699 - Not Defined
    Property Description
    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.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Acres View Desert View YN Yes

    Property Features

    Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Not Applicable-1 Water Well YN No

    Listing provided courtesy of David Leventhal of David Leventhal, Broker and Joel Pearce of Joel Pearce, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T00:33:43.89. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
     
    The Houston Team | Compass CA DRE#01991628
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    Carlsbad CA, 92009