$2,850,000 - 46440 Dr. Carreon Boulevard, Indio

Indio Home For Sale

All offers will be considered. This sale also includes APN's: 614-130-035, 614-130-015 The Regional Commercial (RC) property in Indio has a significant advantage due to its proximity to key attractions and its surrounding mixed-use zoning, offering potential for redevelopment, especially with the adjacent medium-density residential parcel. The property's value is enhanced by its location in a growing and festival-centric city. The property is primarily zoned for Regional Commercial (RC), allowing for a wide range of business and retail uses. Additionally, there is a one-acre parcel zoned for Connected Neighborhood-14 (CN-14) on the north side, which allows for medium-density residential and mixed-use development. The combination of these zones is perfect for a mixed use Development.The property is ideally positioned in Indio, the largest city in the Coachella Valley, and benefits from several local amenities and attractions. Growing population: Indio is one of the fastest-growing cities in the region, bringing an expanding residential and consumer base.Medical and residential hub: The area is surrounded by medical offices, single-family homes, and multi-family projects, indicating a high demand for both commercial services and housing.Festival grounds: The famous Coachella and Stagecoach festivals are held annually at the nearby Empire Polo Club, drawing millions of visitors and creating a massive, temporary increase in the local population.Fairgrounds: The Riverside County Fairgrounds, which hosts the National Date Festival and other events year-round, is also a short distance away.Downtown Indio: The property's proximity to downtown provides access to established commercial activity and potential for walkability. Buyer to do its own due diligence regarding the availability of Power through Imperial Irrigation District and City of Indio