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83500 Hwy 111, Indio, CA, 92201

83500 Hwy 111
$1,400,000

Key Information

$ per SF
$36
Tot. SF
38,333
Type
Retail

Highlights

  • Offered at $1,400,000 for Fee Simple Interest
  • ±0.88-Acre Site with ±38,333 SF of Land Area
  • Excellent Visibility and Access with ±300 Feet of Frontage on Both Highway 111 and Indio Boulevard
  • Zoned MU-C (Mixed Use – Commercial), Allowing for a Range of Development Possibilities
  • Strategic Signalized Corner Location Positioned for Strong Commercial Exposure
  • APNs: 611-380-013 and 611-380-014
  • Hwy 111 ±45,100 VPD
  • Indio Blvd ±13,900 VPD
  • 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.

Photos

Location

Agents

Broker of Record

David Harrington

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