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Avenue 53

4.75 Acres of Commercial Land Offered at $800,000 in Coachella, CA 92236

Investment Highlights

  • Opportunity Zone which provides federal tax incentives
  • Corner lot with direct frontage to Avenue 53
  • Flexible U-E zoning permitting (Mixed-Use)(M-S uses permitted with CUP)
  • Existing Utilites to site: Electric overhead poles & in ground lines - Water - Sewer - Running along Avenue 53 -

Executive Summary

Subject property is an approximately 4.75-acre parcel with direct frontage to Avenue 53 located within the city of Coachella California. Zoning: U-E; Urban Employment Zone. Permitted uses in U-E zones include Office uses of all types, R&D, Neighborhood retail C-N,
Restaurants, and light industrial uses as permitted in M-S (Manufacturing Service) zones with a CUP. Subject property falls within Jacqueline Cochran Regional Airports influence zone (subject property-zone D). Please see the attached airport zoning ordinance below.

Property Facts

Price $800,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 4.75 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $800,000
Price Per AC $168,421
Lot Size 4.75 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
778-390-003
Land Assessment
$45,529
Improvements Assessment
$0
Total Assessment
$45,529
  • Listing ID: 32474303

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: Avenue 53, Coachella, CA 92236

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