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80225 Us Highway 111

Indio, CA 92201
  • $2,999,999
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: 219077637DA
UPDATED: 66 min ago
$2,999,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): David Leventhal of David Leventhal, Broker (661-251-1000) and Joel Pearce of Joel Pearce, Broker(949-584-8902)


Description

FOR SALE, PRIME 12.56 ACRE parcel on Shield near Hwy 111. SUBJECT lot is part of 50 acre Polo Square (PS) Mixed Use Project Master Plan (PMP). Pursuant to PS PMP, approved by City in 2008 (available on city website), the PMP and current zoning approved Hotels, Residential, Commercial Retail & Office Uses. SUBJECT 12.5 ACRE parcel is currently zoned 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 previously approved for 56 residential units. Entire lot adopted into Connected Neighborhood designation in 2019, which includes generous density bonus. City historically pro-growth, easy to work with and has generous vacation rental policy. Located minutes from Coachella Music Festival. Next in line development parcel, just over the LaQuinta border (Jefferson Street). Enormous opportunity for SFR, Live-Work Townhomes, Apartments, Assisted Living, Hotel or combination in an area poised for growth. Buyer to confirm all zoning and building information with the City of Indio.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-21T00:30:37.253. 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 Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/127998539
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80225 Us Highway 111 Indio, CA 92201

  • Price: $2,999,999
  • Status: Active
  • On Site: 27 Days
  • Updated: 66 min ago
  • ID#: 219077637DA
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Not Applicable-1
County:
Riverside
Area:
699 - Not Defined
Property Description
FOR SALE, PRIME 12.56 ACRE parcel on Shield near Hwy 111. SUBJECT lot is part of 50 acre Polo Square (PS) Mixed Use Project Master Plan (PMP). Pursuant to PS PMP, approved by City in 2008 (available on city website), the PMP and current zoning approved Hotels, Residential, Commercial Retail & Office Uses. SUBJECT 12.5 ACRE parcel is currently zoned 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 previously approved for 56 residential units. Entire lot adopted into Connected Neighborhood designation in 2019, which includes generous density bonus. City historically pro-growth, easy to work with and has generous vacation rental policy. Located minutes from Coachella Music Festival. Next in line development parcel, just over the LaQuinta border (Jefferson Street). Enormous opportunity for SFR, Live-Work Townhomes, Apartments, Assisted Living, Hotel or combination in an area poised for growth. Buyer to confirm all zoning and building information with the City of Indio.
Exterior Features

Lot Features Paved Parking Total 0 View DesertMountain(S) View YN Yes

Property Features

Association YN Yes Disclosures Principal is Real Estate Licensed Land Lease YN No Listing Agreement Seller Reserved Listing Service Full Service Listing Terms Conventional Possession Close Of Escrow Senior Community YN No Sewer Unknown Special Listing Conditions Standard Utilities Electricity AvailableNatural Gas AvailablePhone Available



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-21T00:30:37.253. 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 Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): David Leventhal of David Leventhal, Broker (661-251-1000) and Joel Pearce of Joel Pearce, Broker(949-584-8902)