82950 Highway 111

Indio, CA 92201 $176,100.00 (+48.93%) Active for $536,000
 


Beds: N/A  Baths:   Structure Size: N/A sqft  Lot Size: 16,500 sqft


Property Facts
MLS 219110622DA
Year Built
Property Type
County Riverside
Status Active
Active $536,000
Structure Size N/A sqft
Lot Size 16,500 sqft
Beds N/A
Baths

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

Listing information courtesy of: Robert Castro, Arris Properties (424) 214-9205. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Location


Walkscore

Very Walkable

81%

Similar Listings Nearby