For Sale
$2,500,000

111 HwyCoachella, CA 92236

20 Acres, Prime Retail Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 20.4-acre commercial land parcel presents a significant investment opportunity in Coachella, California. Located on Highway 111, the property boasts valuable frontage on this major thoroughfare, as well as additional road frontage on Tyler Street. The land is zoned for Suburban Retail use, ideal for large-format retailers or a mixed-use development. This zoning designation allows for the concentration of retail businesses, including "big box" stores, while maintaining pedestrian-friendly access and incorporating town-scale buildings. The property's strategic location benefits from proximity to major events such as the Coachella Music and Arts Festival, Stagecoach Music Festival, BNP Paribas Tennis Tournament, and the International Horse Park, ensuring high visibility and potential for significant foot traffic. Water and sewer services are conveniently available on Tyler Street. The asking price is $2,500,000, representing a price per acre of $166,666. The Assessor's Parcel Number (APN) is 763-131-044, and the ownership is fee simple. This property offers a unique chance to capitalize on the growth and vibrancy of Coachella's retail sector. The property's size and location make it suitable for a variety of commercial developments, offering substantial potential for long-term return on investment.

Highlights

  • 20.4-acre commercial land parcel in Coachella, CA.
  • Highway 111 & Tyler Street frontage.
  • Suburban Retail zoning, suitable for large-format retail or mixed-use development.
  • High visibility due to proximity to major events (Coachella, Stagecoach, etc.).
  • Utilities available on Tyler Street.
  • $2,500,000 asking price ($166,666/acre).

Property Details for 111 Hwy

Property type
Land
Lot Size (sq. ft)
888,624 SF

Location Insight

City
Coachella
County
Riverside
State
California
Latitude
33.6654257
Longitude
-116.162722
111 Hwy, Coachella, California

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111 Hwy
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