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80653 Highway 111, Indio, CA, 92201

80653 Highway 111
$1,400,000

Key Information

$ per SF
$7
Lot Size
4.06 Acres
Type
Land
Leasable Area
176,854

Highlights

  • Main Arterial Frontage: Major arterial frontage – Located along Highway 111, the primary arterial corridor spanning ±20 miles through the Coachella Valley, with traffic volumes exceeding ±41,500 vehicles per day.
  • Pro Growth/Development Municipality: In 2020, the City of Indio secured an SB2 planning grant from California’s Department of Housing and Community Development to develop a Specific Plan covering ±950 acres along a ±4-mile stretch of Highway 111, positioning the area for long-term growth and redevelopment.
  • Inclusive and Flexible Zoning Code: With a Designation of MU-C, the current zoning code allows for an abundance of uses including Retail, Multifamily, Hospitality, and some quasi industrial uses. Please contact the agent for a complete list of permitted and conditional uses under the zoning code.
  • Local Economy/Travel Destination: The Coachella Valley attracts around 14.4 million visitors annually, generating a significant economic impact, with recent data showing a record-breaking $9 billion in spending in 2023/2024, supporting about one in four local jobs and driving the region’s economy, primarily through lodging, dining, and entertainment. The Coachella Valley is home to events and venues like Coachella, Stagecoach, The BNP Paribas, and the newly constructed Acrisure arena.

Photos

Location

Agents

Broker of Record

David Harrington

License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245