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$536,000
Not Applicable SubDv. ⋅ ACTIVE Status ⋅ 219151726 MLS
Property zoning is DT-SP up to 4 stories, large City of Indio parking lot across the street. Seller has old plans for 2-Story Office building with 8 Suites. Plan calls for 22 parking space for 5,536 SF of space. 15 parking spaces are on site, balance of 7 spaces are located in the City of Indio parking lot behind Applebee's corner of Smurr & Hwy 111 next door. Possible to increase rentable SF. Zoning allows up to 4 Stories. Proximity to Larson Justice Center very desirable for Office or Urban Mix Retail/Office. Buyer to verify zoning use with City of Indio and City parking lot for higher SF use. Some recent inquiries about building restaurant space with a Drive Thru element. City of Indio approved Starbucks building Dev. at corner of Oasis & 111. Building is a Drive-Thru with walk-up window and no seating. The DT-SP zoning does not allow Drive Thru's. City approved the CUP due to the lot's proximity to MUC (Mixed Use Commercial) zoned property (485 LF). Building must be situated within 15 lineal feet of Hwy 111 an approval for CUP could be obtained because the design layout would be consistent and covered under a prior EIR for the City of Indio General Plan 2040, Finding of Consistency for the c/Section 15183 (Finding of Consistency) Subject property is approx. 375 LF from MUC zoned property, with same elements for consistent and covered status under a prior EIR for the City of Indio General Plan 2040, Finding of Consistency for the c/Section 15183

82950 Highway 111, Indio
$7,119,440
Not Applicable SubDv. ⋅ ACTIVE Status ⋅ 219043995 MLS
Potential for 10 to 12 acres to be entitled for Multi-Family up to 20 units/acre. Located at the I-10 and Jefferson Offramp with three signalized entrances to the project. Approved site plan for retail. This is the main freeway exit for the Coachella and Stagecoach Music Festivals. 3 miles to the new Coachella Valley Stadium/Arena. Within 1 mile from Shadow Hills High School and Desert Ridge Middle School and a new elementary school coming soon. Indio is one of the fastest-growing cities in the Coachella Valley. Known as the City of Festivals, it welcomes more than 1 million visitors each year. Drive Thru pads available. This area is experiencing explosive new growth. We cannot guarantee the accuracy or square footage, lot size or other information concerning the condition or features of property provided by the Seller or obtained from public records or other sources. The Buyer is advised to independently verify the accuracy of all information through personal and professional inspections.

I-10 & Jefferson Street, Indio