Improved Commercial Parcels

The parcel prices are on the brochures. The parcels are in a City of Indio “Key Development Zone,” designated as the “North Freeway Commercial Zone.” The area is on the north side along the I-10 Freeway along Ave 42. Lots of new commercial and residential development is taking place in the immediate area. There are four retail shopping centers in the immediate vicinity.
Parcels are zoned regional commercial. They have some improvements, such as streets, curbs, gutters, sidewalks, and utilities.
The 11.43ac parcel, an entire block diagonal in front of the Super Walmart store, is zoned regional commercial (RC). It has a corner with a busy signalized intersection, at Ave 42 and Spectrum Street, and the other three corners have stop signs.
The 11.21 ac freeway parcel fronts Atlantic Ave and is zoned Regional Commercial (RC). Atlantic Ave is incomplete. It does not connect to Sprectrum Street yet. It is only half way completed. The right of way to finish it has already been designated and belongs to the city.
The 3,500-home Sun City Shadow Hills community in Indio has an entrance just around the corner on Monroe Street. Plus, Sun City Palm Desert, with 5,000 homes, is just two miles away. An 850-student elementary school is just off Ave 42, causing heavy traffic on Ave 42 twice a day, five days a week.
The City of Indio is “The City of Festivals.” As a result, the various special events have a significant positive economic impact on Indio and the Coachella Valley. Over 1 million people attend events and festivals in Indio annually. It includes the world-famous annual Coachella Valley Music & Arts Festival every April with an attendance of 125,000 people on two consecutive weekends, and the Stagecoach Country Music Festival follows on the third weekend with an attendance of 85,000 people.
Indio is the RV headquarters of the Palm Springs area, with several RV resorts in town. Three of the Indio RV resorts are rated in California's Top 10 Best RV Resorts. A couple of the resorts are for million-dollar motorcoaches only.
The Greater Palm Springs Convention & Visitor's Bureau began a new marketing campaign a few years ago to increase annual overnight visitors to the valley from 4 million to 20 million by 2026.
The City of Indio supports new development and offers some assistance: The city provides economic incentives for hotels and movie theater development.
The City of Indio Director of Economic Development is Carl Morgan, cmorgan@indio.org (760) 541-4203.
The City of Indio Community Development (760) 391-4000 planning@indio.org
The 11.43-acre block parcel at Ave 42 and Spectrum Street is a zoned regional commercial. Price $5,949,795
The 11.21-acre freeway parcel on Atlantic Ave is zoned regional commercial. Price $5,835,270