For Sale
$1,100,000

0 Hoover StIndio, CA 92201

3.23 Acres, Prime Location, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • $1,100,000 asking price for 3.23 acres of land.
  • Mixed-use (MUN) zoning permits commercial and residential development.
  • Corner lot, adjacent to a Best Western Hotel, mobile home park, and other commercial uses.
  • Located two miles from revitalized downtown Indio, near new mixed-use projects, restaurants, and educational facilities.
  • Situated in Indio, California, the largest city in the Coachella Valley, known for its festivals and pro-growth environment.
  • APN: 610-280-001.

Property Details for 0 Hoover St

Property type
Land
Lot Size (sq. ft)
140,699 SF

Location Insight

City
Indio
County
Riverside
State
California
Latitude
33.729813717101
Longitude
-116.23805682826
Hoover St, Indio, California

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0 Hoover St
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