Hoover St Indio, CA 92201

This exceptional 3.23-acre parcel presents a remarkable investment opportunity in Indio, California. Located in a Mixed Use Neighborhood (MUN) zoning area, this property offers significant development potential. Its strategic corner location provides excellent visibility and accessibility, situated adjacent to a Best Western Hotel and Arabian Gardens Mobile Home Park, and surrounded by neighborhood commercial uses. The land's potential is further enhanced by its proximity to Indio's revitalized downtown area, just two miles away. This area boasts recent additions such as the Skyline at Bliss mixed-use apartment project (64 units), several new restaurants, a substantial expansion of the College of the Desert (67,000 sq ft, $75M investment), a new amphitheater, city hall, and library. Indio, the largest city in the Coachella Valley, is renowned as the "City of Festivals," hosting major events like Coachella, Stagecoach, and Desert Trip. This pro-growth environment welcomes new development, making this 3.23-acre lot ideally suited for projects such as apartments (with potential density of 20 to 40 units per acre). The property's APN is 610-280-001. The asking price is $1,100,000. This is a rare chance to acquire a significant land holding in a thriving and rapidly developing area.