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29577483
29577484

83500 CA-111, Indio, CA 92201

JS
CA 02176906
Matthews
MP
CA 01706065
Matthews
Listed by Matthews
$1,400,000
120 days on market
Updated 22 days ago

83500 Hwy 111

Details
APN 611-380-013 and 611-380-014
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 38,333
Net Rentable (SqFt) 38,333
Units 1
Occupancy 100%
Tenancy Single
Lease Type Gross
Price per SqFt $37
Class C
Buildings 1
Stories 1
Acreage 0.880
Zoning MU-C
Dock High Doors 4

Mixed-Use Zoning | 38,333 SF | $36.52/SF

Investment 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.

Listing Contacts

JS
CA 02176906
Matthews
MP
CA 01706065
Matthews
Listed by Matthews

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Additional Information

Name
David Harrington
License
02168060 (CA)
Brokerage
Matthews Real Estate Investment Services, LLC
Brokerage Phone
866.889.0550
Title
Broker of Record
Brokerage Address
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
Name
James Sanchez
License
02176906
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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