Indio Blvd 0.61 Acres of Industrial Land Offered at $445,000 in Indio, CA 92201
INVESTMENT HIGHLIGHTS
- OPPORTUNITY ZONE
- CENTRAL LOCATION
- UTILTIITES IN STREET
- HIGH TRAFFIC COUNT
- 1-10 CLOSE
- ESTABLISHED AREA
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $445,000 |
| Price Per AC | $729,508.20 |
| Lot Size | 0.61 AC |
Located on the southeast corner of Indio Blvd & Deglet Noor in Indio, CA and centrally located in the city of Indio’s revitalized downtown region along the highly commuted Indio Blvd. Next door to 82-613 Indio Blvd Listing. Indio, Ca 92201
DESCRIPTION
136.5 of Indio Blvd frontage, corner lot location. The current zoning allows for service providing businesses, restaurants and residential on upper floors with office on ground level. This lot is an asphalt paved lot. This property is within the Opportunity Zone which allows deferment of capital gains, reduces payment of deferred taxes by 10% if held for 5 years and 5% if held for 7 years and you can accrue tax-free capital gains if held for 10 years. Buyer to investigate and do its own due diligence in regard to the opportunity zone benefits.
PROPERTY TAXES
| Parcel Number | 611-141-020 | Improvements Assessment | $0 |
| Land Assessment | $71,869 | Total Assessment | $71,869 |
