• 82950 Highway 111 Indio, CA 92201

  • $359,900
  • 0
    Sq Ft
  • 15000
    Sqft
  • Listed By: Robert Castro, Arris Properties, DRE #01962756
  • Source: CRMLS

Property is part of the Downtown Specific Plan. Actual Zoning is DT-N (Downtown Neighborhood) up to 4 stories, walkable urban neighborhood. Large City of Indio parking lot across the street. Seller has old plans for 2-Story Commercial Office building with 8 Suites. The old plan calls for 22 parking space to accommodate 5,536 square feet of rentable space. 15 of the parking spaces are planned on site, the balance of 7 spaces are located in the City of Indio parking lot behind the Applebee's restaurant located at the corner of Smurr & Hwy 111 across the street from the subject property. I may be possible for a new owner to increase the amount of rentable square footage. The zoning allows the structure to be up to 4 Stories in height. The proximity of the County of Riverside Larson Justice Center makes property highly desirable for Commercial Office or Urban Mix Retail/Office use. Buyer should check with City of Indio to verify zoning and possible use, especially as it relates to the City parking lot to possibly qualify higher square footage use.

Property Type :

Land

County :

Riverside

Style :

Land

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Property Details

 

Bathroom Information

Total Baths: 0

Water/Sewer

Sewer : Unknown

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.3444

Lot Size Dimensions: 120' x 100', 30' x 100'

Lot Size Source: Assessor

Lot Size Square Feet: 15000

Listing Price Information

Original List Price: 359,900

Listing Contract Date: 2024-04-26

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 611233012, 611233013

Garage and Parking

Homeowners Association

Association: Yes

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 699 - Not Defined

Directions: Corner of Highway 111 & Fargo Street in Indio across the street from the Riverside County Larson Justice Center.

Zoning: 1OGB82Z9J5VF

Source Property Type: Land

Area: 699 - Not Defined

Building and Construction

Year Built Source: Vendor Enhanced

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Monroe, Indio, CA,92201 $320,000 -- -- -- 11761 Sqft
I-10 & Jefferson Street, Indio, CA,92201 $7,119,440 -- -- -- 889931 Sqft
45805 Salton Street, Indio, CA,92201 $545,000 -- -- -- 6498 Sqft
82940 Wheatley Court, Indio, CA,92201 $910,000 3 2 1,946 7841 Sqft
W Monroe St & Oleander .., Indio, CA,92201 $1,800,000 -- -- -- 140263 Sqft
80685 Wicket Lane, Indio, CA,92201 $5,000,000 8 5 4,350 51836 Sqft
82474 Nancy Drive, Indio, CA,92201 $523,000 3 2 1,276 6534 Sqft
Caspian Street, Indio, CA,92201 $858,000 -- -- -- 53579 Sqft
81620 Avenue 49 #24A, Indio, CA,92201 $136,500 1 1 400 1742 Sqft
82882 Longfellow Court, Indio, CA,92201 $859,900 5 3 2,514 8276 Sqft

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ByOwner last updated this listing 05/14/2024 @ 19:27

MLS: 219110622DA
LISTED BY: Robert Castro, Arris Properties
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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