Indio, CA 92201,82360 US Highway 111
Indio, CA 92201,82360 US Highway 111
2
$2,350,000
$2,350,000
Est.Price: ?

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0.94 Acres Lot

82360 US Highway 111 Indio, CA 92201

Est. payment /mo
SOLD DATE : 03/22/2024

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Key Details

Sold Price $2,350,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW23208152

Sold Date 03/22/24

HOA Y/N No

Year Built 2004

Annual Tax Amount $32,777

Tax Year 2023

Lot Size 0.940 Acres

Lot Dimensions Assessor

Property Sub-Type Retail

Property Description

The Offering

We are pleased to present a rare opportunity to
acquire South Rubidoux ( 82360 Highway 111, Indio CA ) a strip
center servicing the Coachella Valley located directly off the dominant
desert artery Highway 111.

Indio is the third fastest growing City in Southern California, and is the
largest city in the desert by population with approximately 90,000 full
time residents and more than 30,000 additional residents during
winter months. The average household income exceed $96,000
within a 5 mile radius.
The property been offered for sale is located directly across the Indio
Grand Marketplace, a redevelopment of the current Indio Mall, which
will feature up to 400 new residential units and hospitality element,
further enhancing the overall location.

Location

State CA

County Riverside

Area 699 - Not Defined

Zoning C

Interior

Heating None

Cooling Central Air

Fireplace No

Laundry None

Building

Story 1

Water Public

Others

Tax ID 611110045

Security Features 24 Hour Security

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Cash

Special Listing Condition Standard

Lease Land No

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CRMLS – RECore
Listed by Edwin Mariscal Edwin Mariscal, Broker 562-822-3891
Bought with Randy Nehme Citywide Brokers
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agent

Sandy Dabbs

Agent | License ID: 02120617

+1(714) 287-9983

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