For Sale
$2,975,000

Avenue 42 Indio, CA 92203

6.5-acre prime industrial lot, ideal for development.

Overview

Added:
Dec 11, 2024
Days on market:
134
This 6.5-acre industrial land parcel in Indio, California (APN 610-270-076), presents a remarkable development opportunity. Located at Ave 42, 92203, in Riverside County, this FEE-simple property is zoned COMMUNITY COMMERCIAL and offers exceptional visibility due to its signalized corner location. The asking price is $2,975,000, translating to $10.51 per square foot. This thriving area boasts significant existing and planned retail development, making it an attractive investment. The property enjoys convenient access to Interstate 10 via Jackson Street, placing it within easy reach of major transportation routes. The surrounding area is home to a diverse range of established businesses, including Marshall's, Big Lots, Chase Bank, Starbucks, Ross, Payless Shoes, Walmart, Home Depot, Hampton Inn, and Marriott's Fairfield Inn, along with other proposed large hotels. This prime location ensures high visibility and accessibility for any future development. Water and sewer services are readily available on the street. The owners are open to considering a long-term lease option. This presents a unique chance to capitalize on the booming Coachella Valley real estate market and establish a presence in a high-traffic, well-established commercial area.

Highlights

  • Prime light industrial development site.
  • Excellent access to major transportation arteries.
  • High-demand location with strong tenant demand.
  • Zoned for a variety of light industrial uses.
  • Utilities readily available.

Property Details for 0 Avenue 42

Property type
Land, Industrial properties
Lot Size (sq. ft)
283,140 SF

Location Insight

City
Indio
County
Riverside
State
California
Latitude
33.743661
Longitude
-116.224487

FAQs

What type of property is this?
Land - 6.5-acre prime industrial lot, ideal for development.
Where is the land located?
The property is located at Avenue 42 Indio, CA.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: Prime light industrial development site.; Excellent access to major transportation arteries.; High-demand location with strong tenant demand.
How can I contact the broker?
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0 Avenue 42
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