$ 536,000
82950 Highway 111 Indio, CA 92201
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 536,000
Est. payment /mo
Active
82950 Highway 111 Indio, CA 92201
0.38 Acres Lot
UPDATED:
11/20/2024 05:30 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219110622DA
HOA Y/N Yes
Lot Size 0.379 Acres
Property Description
Property zoning is DT-SP up to 4 stories, large City of Indio parking lot across the street. Seller has old plans for 2-Story Office building with 8 Suites. Plan calls for 22 parking space for 5,536 SF of space. 15 parking spaces are on site, balance of 7 spaces are located in the City of Indio parking lot behind Applebee's corner of Smurr & Hwy 111 next door. Possible to increase rentable SF. Zoning allows up to 4 Stories. Proximity to Larson Justice Center very desirable for Office or Urban Mix Retail/Office. Buyer to verify zoning use with City of Indio and City parking lot for higher SF use. Some recent inquiries about building restaurant space with a Drive Thru element. City of Indio approved Starbucks building Dev. at corner of Oasis & 111. Building is a Drive-Thru with walk-up window and no seating. The DT-SP zoning does not allow Drive Thru's. City approved the CUP due to the lot's proximity to MUC (Mixed Use Commercial) zoned property (485 LF). Building must be situated within 15 lineal feet of Hwy 111 an approval for CUP could be obtained because the design layout would be 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 is approx. 375 LF from MUC zoned property, 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
Location
State CA
County Riverside
Area 699 - Not Defined
Zoning S-P
Interior
Inclusions Old commercial office building plans designed & approved in 2014/2015.
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available
View Y/N Yes
View City Lights
Building
Lot Description 2-5 Units/Acre, Corner Lot, Near Public Transit
Sewer Unknown
Others
Senior Community No
Tax ID 611233012, 611233013
Special Listing Condition Standard
Listed by Robert Castro • Arris Properties