Huge Price Reduction - Expired Tentative Map, Indio

Clinton St & North of Avenue 42,, Indio, CA

IN CONTRACT

$2,606,500

Price

40.1 acres

Lot Area

Single Family Residential

Zoning

Overview
Lot Area
40.1 acres
Zoning
Single Family Residential
Description

The expired tentative tract map included approximately 29.61 AC of single-family residential lot, 10.39 AC of streets, and 3 AC of open space which includes a 0.92 AC park site, a 0.53 AC site for potential water well, 1.15 AC of proposed storm water retention basins/passive parks and 18,000 SF of landscaped areas.

• In the bustling neighborhood known as Shadow Hills with new homes and schools going up all around
• Previously approved TTM for 132 residential lots averaging at 8,800 SF. (Density of 3.3 Du/Ac)
• Just over a mile from new Richard Oliphant Elementary School and in close proximity to Shadow Hills High School and Desert Ridge Middle School
• Near The Palms, a 20 AC shopping center, anchored by Walmart, a movie theatre, restaurants and much more
• Adjacent to Sun City Shadow Hills, a 3,450 home, active, adult community
• Desert Pearl is located in the Shadow Hills area, which is one of the most active submarkets in the Coachella Valley
• The city of Indio is leading the charge in population growth. Indio’s 17.8% population growth increase from 2010 to 2016 put them at number 13 on the list of fastest growing cities in California
• The City of Indio, known as the “City of Festivals” plays host to the famous Coachella, Stagecoach and Desert Trip Music Festivals. North Indio is booming with new developments

Highlights
  • Previously approved TTM for 132 residential lots averaging at 8,800 SF (Density of 3.3 DU/AC)
  • In the bustling neighborhood known as Shadow Hills with new homes and schools going up all around
  • Just over a mile from new Richard Oliphant Elementary School and in close proximity to Shadow Hills High School and Desert Ridge Middle School
  • Near The Palms, a 20 AC shopping center, anchored by Walmart, a movie theatre, restaurants and much more
  • Adjacent to Sun City Shadow Hills, a 3,450 home, active, adult community
  • Desert Pearl is located in the Shadow Hills area, which is one of the most active submarkets in the Coachella Valley
Documents
Title
Investment Flyer
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Location
Gallery