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SEC Highway 111 & Madison St - 19 AC Mixed Use Site - Court Ordered Sale

19.12 Acres of Commercial Land Offered at $4,164,336 in Indio, CA 92201

Investment Highlights

  • Prime Highway 111 Mixed-Use property in the City of Indio
  • Located at signalized intersection
  • Walk to Coachella & Stagecoach Music Festivals
  • Potential of up to 40 units per acre
  • 1,200 feet of excellent frontage on Highway 111
  • City has initiated Highway 111 street improvement project

Executive Summary

- Prime Highway 111 Mixed-Use property in the City of Indio
- Potential of up to 40 units per acre
- Located at signalized intersection
- 1,200 feet of excellent frontage on Highway 111
- Walk to Coachella & Stagecoach Music Festivals
- City has initiated Highway 111 street improvement project
- Close proximity to the acclaimed Madison Club, PGA West, The Montage & Pendry Hotel and much more!
- Highway 111 & Madison combined traffic count of 50,000 ADT
- Court Ordered Sale
- Property is being sold by way of Receivership & Court Confirmation

Property Facts In Escrow

Price $4,164,336
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
  • Hold For Investment
Total Lot Size 19.12 AC

1 Lot Available

Lot

Price $4,164,336
Price Per AC $217,800
Lot Size 19.12 AC

Description

- Prime Highway 111 Mixed-Use property in the City of Indio - Potential of up to 40 units per acre - Located at signalized intersection - 1,200 feet of excellent frontage on Highway 111 - Walk to Coachella & Stagecoach Music Festivals - City has initiated Highway 111 street improvement project - Close proximity to the acclaimed Madison Club, PGA West, The Montage & Pendry Hotel and much more! - Highway 111 & Madison combined traffic count of 50,000 ADT

zoning

Zoning Code MU-SP 3000
MU-SP 3000
  • Listing ID: 33131129

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: SEC Highway 111 & Madison St, Indio, CA 92201

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