Desert Pearl - 40 AC Priced for Quick Sale!
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Desert Pearl - 40 AC Priced for Quick Sale!
40.1 Acres of Residential Land Offered at $2,606,500 in Indio, CA 92203
Investment Highlights
- Expired map for 132 lots
- Close to new retail centers
- In the bustling neighborhood of Shadow Hills in Indio with new schools and new homes being built all around
- The city of Indio is leading the charge in growth as one of the fastest growing cities in California
Executive Summary
- In the bustling neighborhood known as Shadow Hills with new homes & schools going up all around
- Previously approved TTM for 132 residential lots averaging at 8,800 SF. (Density of 3.3 Du/Ac)
- Just over a mile from new Richard Oliphant Elementary School and in close proximity to Shadow Hills High School and Desert Ridge Middle School
- Near The Palms, a 20 acre shopping center, anchored by Walmart, Movie Theater & much more!
- Adjacent to Sun City Shadow Hills a 3,450 home active adult community
- The City of Indio, known as the “City of Festivals” plays host to the famous Coachella, Stagecoach and Desert Trip Music Festivals and
attracts over 1.4 million visitors annually
- Previously approved TTM for 132 residential lots averaging at 8,800 SF. (Density of 3.3 Du/Ac)
- Just over a mile from new Richard Oliphant Elementary School and in close proximity to Shadow Hills High School and Desert Ridge Middle School
- Near The Palms, a 20 acre shopping center, anchored by Walmart, Movie Theater & much more!
- Adjacent to Sun City Shadow Hills a 3,450 home active adult community
- The City of Indio, known as the “City of Festivals” plays host to the famous Coachella, Stagecoach and Desert Trip Music Festivals and
attracts over 1.4 million visitors annually
Property Facts In Escrow
| Price | $2,606,500 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 40.10 AC |
| Price | $2,606,500 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 40.10 AC |
1 Lot Available
Lot
| Price | $2,606,500 | Lot Size | 40.10 AC |
| Price Per AC | $65,000 |
| Price | $2,606,500 |
| Price Per AC | $65,000 |
| Lot Size | 40.10 AC |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $19,402 | |
| Land Assessment | $1,359,378 | Total Assessment | $1,378,780 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,359,378
Improvements Assessment
$19,402
Total Assessment
$1,378,780
zoning
| Zoning Code | R1 |
| R1 |
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Desert Pearl - 40 AC Priced for Quick Sale!
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