Prime Commercial Parcel 2 Land Properties in Indio, CA
INVESTMENT HIGHLIGHTS
- Commercial parcel in the middle of booming commercial area - the City lists 30 development projects in process in town
- Indio the largest and fastest growing city in the valley. A population of 90,000+. It has 3000 new homes and numerous apartment buildings in process.
- The parcelis highly visible with easy access and freeway close with many possible development opportunities.
- 2021 Indio was rated #18 in the Top 50 Boomtowns in the USA at SmartAssets.com, the only California city to be in the top 20.
- Indio's Primary Retail Trade Area population 2021 is 206,038. Secondary Retail Trade Area population 2021 is 317,367. 30% are 24 years old or younger.
- 11.4ac Ave 42 & Spectrum St parcel diagonal in front of Walmart $5,949,797
EXECUTIVE SUMMARY
Parcel prices on the flyers.
Parcels are in a City of Indio “Key Development Zone,” designated as the “North Freeway Commercial Zone.”
The area is along the north side of the I-10 Freeway on Ave 42. New commercial and residential development is taking place in the immediate area.
There are four retail shopping centers in the immediate vicinity.
Our last remaining parcel is an entire block diagonally in front of the Super Walmart. It is rough graded, streets are in place on all four sides with most of the curbs, gutters, sidewalks, and most utilities done.
The parcel has a busy signalized corner at Ave 42 and Spectrum Street. The other three corners have stop signs.
There is an 850-student elementary school, just up the street, is expanding to hold the increasing number of students. It causes heavy traffic on Ave 42 twice a day, five days a week.
There is a close-by entrance gate to the 3,500-home Sun City Shadow Hills community, and the Sun City Palm Desert community, with 5,000 homes, is just two miles away.
The City of Indio is “The City of Festivals” and as a result, the various special events have a significant positive economic impact on Indio and the Coachella Valley overall.
Over 1 million people annually attend events and festivals in Indio every year. 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 marketing campaign a few years ago to increase annual overnight valley visitors from the then current 4 million to 20 million visitors by 2026.
The City of Indio supports new development.
The 11.43-acre parcel at Ave 42 and Spectrum Street in front of Walmart is a zoned regional commercial. The price is $5,949,795
Parcels are in a City of Indio “Key Development Zone,” designated as the “North Freeway Commercial Zone.”
The area is along the north side of the I-10 Freeway on Ave 42. New commercial and residential development is taking place in the immediate area.
There are four retail shopping centers in the immediate vicinity.
Our last remaining parcel is an entire block diagonally in front of the Super Walmart. It is rough graded, streets are in place on all four sides with most of the curbs, gutters, sidewalks, and most utilities done.
The parcel has a busy signalized corner at Ave 42 and Spectrum Street. The other three corners have stop signs.
There is an 850-student elementary school, just up the street, is expanding to hold the increasing number of students. It causes heavy traffic on Ave 42 twice a day, five days a week.
There is a close-by entrance gate to the 3,500-home Sun City Shadow Hills community, and the Sun City Palm Desert community, with 5,000 homes, is just two miles away.
The City of Indio is “The City of Festivals” and as a result, the various special events have a significant positive economic impact on Indio and the Coachella Valley overall.
Over 1 million people annually attend events and festivals in Indio every year. 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 marketing campaign a few years ago to increase annual overnight valley visitors from the then current 4 million to 20 million visitors by 2026.
The City of Indio supports new development.
The 11.43-acre parcel at Ave 42 and Spectrum Street in front of Walmart is a zoned regional commercial. The price is $5,949,795
SALE FLYER
PROPERTY FACTS
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Land Area | 22.64 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | INDIVIDUAL PRICE |
|---|---|---|---|
|
Parcels along I-10 Frwy, between 2 Centers
Atlantic Ave, Indio, CA 92201 |
Land | 11.21 AC | - |
|
11.43ac Whole Block Diagonal Front of Walmart
Ave 42 And Spectrum St, Indio, CA 92203 |
Land | 11.43 AC | - |
SALE ADVISOR
SALE ADVISOR
Bruce Latta, Property Manager
(760) 285-5617
Contact
Special events, local government, and private sector experience in managing events and projects of all types and sizes. Currently, created and managing a marketing campaign to attract new commercial development to the company's vacant commercial parcels in Indio, California along the I-10 Freeway and on the Ave 42 commercial corridor parallel to the freeway. Attend and represent the company at International Shopping Center Convention and the City's annual Business Expo.
