8.24 Ac. Regional Commercial and Residential Land
Land | 8.24 acres
Marketing description
Seller is Highly Motivated and Welcomes all Offers!
The Regional Commercial (RC) property in Indio has a significant advantage due to its proximity to key attractions and its surrounding mixed-use zoning, offering potential for redevelopment, especially with the adjacent medium-density residential parcel. The property's value is enhanced by its location in a growing and festival-centric city. The property is primarily zoned for Regional Commercial (RC), allowing for a wide range of business and retail uses. Additionally, there is a one-acre parcel zoned for Connected Neighborhood-14 (CN-14) on the north side, which allows for medium-density residential and mixed-use development.
The combination of these zones is perfect for a mixed use Development.
The property is ideally positioned in Indio, the largest city in the Coachella Valley, and benefits from several local amenities and attractions.
Growing population: Indio is one of the fastest-growing cities in the region, bringing an expanding residential and consumer base.
Medical and residential hub: The area is surrounded by medical offices, single-family homes, and multi-family projects, indicating a high demand for both commercial services and housing.
Festival grounds: The famous Coachella and Stagecoach festivals are held annually at the nearby Empire Polo Club, drawing millions of visitors and creating a massive, temporary increase in the local population.
Fairgrounds: The Riverside County Fairgrounds, which hosts the National Date Festival and other events year-round, is also a short distance away.
Downtown Indio: The property's proximity to downtown provides access to established commercial activity and potential for walkability.
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