Listed by Hoffman Company
$4,500,000
"The Palms" 8.23 Prime Acres | Hwy. 111 Frontage | Indio, CA
Details
APN 600-220-021 & 022, & 023
Property Type Land
Sub Type Commercial, Residential
Acreage 8.230
Multi-Family Residential, Senior, Hotel, & Commercial Allowed
Marketing description
PRICED REDUCED to $4.5M for As-Is Close - Great Deal!
Directly across from Jackalope Ranch Restaurant, Adjacent to Shield’s Date Gardens & High End RV Park.
Previously Approved Project Masterplan for 192-Unit/228-Bed Senior Living Community & 43,875 Sq. Ft. Retail/Restaurant/Office
Investment highlights
Prime Highway 111 Land in Pro-Development City of Indio.
Highly Visible - Average Daily Traffic: 38,037 ADT (Hwy. 111 & Jefferson St).
Potential for Multi-Family, Commercial, Office, Hotel, Residential, or Other Uses*.
City of Indio "West Gateway" Near La Quinta | 615 Feet of Frontage on Highway 111.
Within Mixed Use Specific Plan (MUSP 300) & The Palms Project Masterplan.
Listing Contacts
Listed by Hoffman Company
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
