82950 Hwy 111 CA State Highway - Commercial LAND FOR SALE


Indio, CA 92201 16,501 SF
$536,000 USD
424-214-9205
82950 Hwy 111 CA State Highway, Indio, CA for Sale
$536,000 USD
Commercial LAND - FOR SALE
1/4
16,501 SF

82950 Hwy 111 CA State Highway
Indio, CA 92201


HIGHLIGHTS

  • Located Directly Across the Street From the County of Riverside Larson Justice Center.
  • Walking Distance to all parts of the Courts & County Jail Facility.
  • Building Height Allowance of 4-Storie to possible 6-Stories
  • Property is vacant with all utilities to the property.
  • Bus Stop less than 50 feet away.
  • Possible Drive Thru land use for rentable ground floor space.

OVERVIEW

The property is zoned Downtown Neighborhood (DT-N). This zone is a flexible urban development environment. Buildings can be designed to be set back further from the sidewalk, and may have less active uses on the ground floor. Building façades are simple and planar and Building heights are up to 4 stories, but may reach 6 when community benefits are included. The intent of this Zoning District is to generate a comfortable, walkable urban environment that functions and performs well, regardless of market conditions. The Public Defender & District Attorney offices are located directly across the highway in a new 4-story building. The courts and new jail are across the Hwy as well. The City of Indio built a large public parking lot across the street (Smurr) to the west of the subject property behind the Applebee's Restaurant. The seller has old approved building plans for 8 office suites (5,536 net rentable space)in a 2-story building design. Plans will probably need to be revised to current building codes. A portion of the property was the former site of a gas filling station from the 1940's-1960's. The site has been decommissioned, remediated and all documentation regarding the hazardous waste state of condition, is in order and available to the buyer at escrow opening. Buyer to verify zoned land use with the City of Indio and City parking lot for higher SF use. We've had some inquiries about building restaurant space with a Drive Thru element, since the City of Indio approved the Starbucks building development at the corner of Oasis & 111. Building design is a Drive-Thru with walk-up window and no indoor or outdoor seating. The DT-SP zoning does not allow Drive Thru's. The city approved the CUP for this land use, rationalizing the Starbucks lot's proximity to MUC (Mixed Use Commercial) zoned property (485 LF west). Building must be situated from 0 - 15 lineal feet of Hwy 111 for CUP drive thru approval based upon the design layout being consistent and covered under a prior EIR for the City of Indio General Plan 2040, Finding of Consistency for the c/Section 15183 (Finding of Consistency) Subject property for sale is approx. 375 LF west of MUC zoned property (Marshall Street & 111), with same elements for consistent and covered status under a prior EIR for the City of Indio General Plan 2040, Finding of Consistency for the c/Section 15183

FOR SALE DETAILS

PRICE

$536,000 USD

PRICE/ACRE

$1,415,040/AC

PRICE/SF

$32 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.38 AC

LAND SF

16,500 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

DT-N

APN/PARCEL ID

611-233-012,611-233-013

ASK ABOUT THIS PROPERTY

Robert CastroArris PropertiesMore Info
424-214-9205

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Robert CastroArris PropertiesMore Info
424-214-9205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.