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Avenue 53 4.75 Acres of Commercial Land Offered at $1,108,192 CAD in Coachella, CA 92236

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Investment Highlights

Opportunity Zone which provides federal tax incentives
Corner lot with direct frontage to Avenue 53

Flexible U-E zoning permitting (Mixed-Use)(M-S uses permitted with CUP)
Existing Utilites to site: Electric overhead poles & in ground lines - Water - Sewer - Running along Avenue 53 -

Executive Summary

Subject property is an approximately 4.75-acre parcel with direct frontage to Avenue 53 located within the city of Coachella California. Zoning: U-E; Urban Employment Zone. Permitted uses in U-E zones include Office uses of all types, R&D, Neighborhood retail C-N,
Restaurants, and light industrial uses as permitted in M-S (Manufacturing Service) zones with a CUP. Subject property falls within Jacqueline Cochran Regional Airports influence zone (subject property-zone D). Please see the attached airport zoning ordinance below.

Avenue 53, 4.75 Acres FOR SALE

Jacqueline Cochran Regional Airport - Compatibility Map Delineation

Zoning Manufacturing Service (M-S)

Zoning Urban Employment (U-E)

Airport Zoning Ordinance

Property Facts

Price	$1,108,192 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Industrial Retail Neighbourhood Centre Restaurant
No. Lots	1	Total Lot Size	4.75 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	U-E - Urban Employment Zone Manufacturing Service Zone (with CUP)

Price	$1,108,192 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Industrial Retail Neighbourhood Centre Restaurant
Total Lot Size	4.75 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	U-E - Urban Employment Zone Manufacturing Service Zone (with CUP)

1 Lot Available

Lot

Price	$1,108,192 CAD	Lot Size	4.75 AC
Price Per AC	$233,303.57 CAD

Price	$1,108,192 CAD
Price Per AC	$233,303.57 CAD
Lot Size	4.75 AC

Opportunity Zone. Providing Federal Tax Incentives

Property Taxes

Parcel Number	778-390-003	Improvements Assessment	$0 CAD
Land Assessment	$64,943 CAD	Total Assessment	$64,943 CAD

Property Taxes

Parcel Number

778-390-003

Land Assessment

$64,943 CAD

Improvements Assessment

$0 CAD

Total Assessment

$64,943 CAD

(862) 345-4015

Contact

Kyle Buccino
Coldwell Banker Commercial Lyle & Associates

Listing ID: 32474303
Date on Market: 2024-07-16
Last Updated:
Address: Avenue 53, Coachella, CA 92236

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