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Coachella Valley Mixed-Use Land Opportunity I-10 @ Date Palm Drive & Varner Rd 474 Acres de Terrain commercial Terrain Vente à l’encan en ligne Cathedral City, CA 92234
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Faits saillants de l'investissement
- MU-zoned 474-acre site allowing residential and commercial uses, entitled under an Approved Specific Plan, with $4M entitlement costs spent.
- Large-scale development opportunities and potential returns on investment by flexible zoning, strong infrastructure, and Inland Empire convenience.
- Prominent location off Interstate 10 at Date Palm Drive with immediate freeway access and strong visibility to over 186,000 vehicles per day.
- Affluent demographics within 10-mile radius feature over 86,715 households, $93K average household income, and $603K+ average home values.
Résumé de l'annonce
Introducing a prime investment opportunity in the heart of the Coachella Valley. Located on Interstate 10 at the Date Palm Drive interchange in Cathedral City, California, this approximately 474-acre assemblage offers an enviable location for land investors and developers.
Zoned MU (Mixed-Use Urban/Neighborhood District), this site supports a wide range of uses, including single-family, multifamily, live-work, commercial, and industrial. Big-box industrial uses are also allowed. Located within the approved North City Specific Plan, over $4 million in entitlement costs have already been invested. For utilities, Coachella Valley Water District (CVWD) provides water and sewer, Southern California Edison (SCE) provides electricity, and Southern California Gas (SoCalGas) provides natural gas.
The property offers exceptional visibility and direct access to Interstate 10, with approximately 1.25 miles of freeway frontage and average daily traffic (ADT) exceeding 186,000 vehicles at the signalized off-ramp. Its strategic location captures regional flow from Palm Springs, Los Angeles, Joshua Tree, San Diego, and Phoenix. An abundance of resorts and attractions are located in the surrounding vicinity, including Agua Caliente, Cotino Disney, Acrisure Arena, and many more. Easy to reach for domestic and international travelers, the Palm Springs International Airport is only 4.2 miles away.
Tap into strong demographics within a 5-mile area, including average household incomes of $94,661 and average home values of $599,101. Ongoing growth is further driven by nearby master-planned communities, including Escena Palm Springs, developed by the established luxury homebuilder Toll Brothers.
Boasting ample space and strategic access to major transportation routes, this property is primed for development. This offering represents a rare opportunity to capitalize on the thriving Inland Empire and Coachella Valley markets.
Zoned MU (Mixed-Use Urban/Neighborhood District), this site supports a wide range of uses, including single-family, multifamily, live-work, commercial, and industrial. Big-box industrial uses are also allowed. Located within the approved North City Specific Plan, over $4 million in entitlement costs have already been invested. For utilities, Coachella Valley Water District (CVWD) provides water and sewer, Southern California Edison (SCE) provides electricity, and Southern California Gas (SoCalGas) provides natural gas.
The property offers exceptional visibility and direct access to Interstate 10, with approximately 1.25 miles of freeway frontage and average daily traffic (ADT) exceeding 186,000 vehicles at the signalized off-ramp. Its strategic location captures regional flow from Palm Springs, Los Angeles, Joshua Tree, San Diego, and Phoenix. An abundance of resorts and attractions are located in the surrounding vicinity, including Agua Caliente, Cotino Disney, Acrisure Arena, and many more. Easy to reach for domestic and international travelers, the Palm Springs International Airport is only 4.2 miles away.
Tap into strong demographics within a 5-mile area, including average household incomes of $94,661 and average home values of $599,101. Ongoing growth is further driven by nearby master-planned communities, including Escena Palm Springs, developed by the established luxury homebuilder Toll Brothers.
Boasting ample space and strategic access to major transportation routes, this property is primed for development. This offering represents a rare opportunity to capitalize on the thriving Inland Empire and Coachella Valley markets.
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- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
Faits sur la propriété
| Type de propriété | Terrain | Taille totale du lot | 474,00 AC |
| Sous-type de propriété | Terrain commercial | Condition de vente | Vente à l’encan |
| Type de vente | Investissement | Types de propriétaire | Pleine propriété |
| Zonage | MU - Usage mixte | ||
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Type de vente | Investissement |
| Taille totale du lot | 474,00 AC |
| Condition de vente | Vente à l’encan |
| Types de propriétaire | Pleine propriété |
| Zonage | MU - Usage mixte |
1 Lot disponible
Lot
| Taille du lot | 474,00 AC | Numéros de lot | 670-020-009, 670-020-011, 670-020-014, 670-020-015, 670-030-012, 670-030-015, 670-030-016, 670-030-017, 670-030-018, 670-030-019, 670-030-020, 670-030-021, 670-030-036 |
| Taille du lot | 474,00 AC |
| Numéros de lot | 670-020-009, 670-020-011, 670-020-014, 670-020-015, 670-030-012, 670-030-015, 670-030-016, 670-030-017, 670-030-018, 670-030-019, 670-030-020, 670-030-021, 670-030-036 |
Inaccessible à pied
10/100
Exceptionnellement adapté aux voitures
100/100
Relativement accessible en vélo
20/100
Conseiller(ère) en vente
Conseiller(ère) en vente
Kyle Buccino, Associate
Known for his problem-solving and analytical skills, Kyle Buccino specializes in commercial investment sales and leasing. He takes pride in his commitment to “say it as it is,” putting his clients’ interests over his own. His professionalism, market knowledge, dedication, and support consistently deliver the highest possible value and results for his clients.
Kyle was born and raised in a small farming town in New Jersey, where he served as a volunteer firefighter since the age of 17. He continues to stand by those same small-town values no matter the distance or situation.
Kyle was born and raised in a small farming town in New Jersey, where he served as a volunteer firefighter since the age of 17. He continues to stand by those same small-town values no matter the distance or situation.
À propos de la technologie des enchères
Les enchères de Ten-X représentent la technologie de transaction numéro 1 pour les transactions immobilières commerciales en ligne. Avec plus de 34 milliards de dollars en transactions totales, ces enchères utilisent une technologie de pointe et des données en temps réel sur les actifs afin de maximiser les chances de trouver l’acheteur idéal. Avec un processus d’enchères très rapide, une due diligence complète et la vérification des acheteurs, les transactions sont conclues deux fois plus vite et avec deux fois plus de fiabilité pour les courtiers, les propriétaires et les investisseurs.
En lire plus
Contact pour la vente à l’encan
Sophy Cardenas
Contact
Permis de l’encanteur:
Ten-X Jessica Figueroa RE Brkr 01937601. Ten-X Auction Surety Bond 106465786
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Frais de transaction 3%
Basés sur le montant de l’enchère gagnante
Frais de transaction minimaux
20 000 $ USD
Frais de transaction maximaux
300 000 $ USD
Exemple de calcul
Montant de la mise gagnante
5 000 000 $ USD
Frais de transaction
150 000 $ USD (3%)
Prix d’achat total
5 150 000 $ USD
Présenté par
Coachella Valley Mixed-Use Land Opportunity | I-10 @ Date Palm Drive & Varner Rd
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Présenté par
Coachella Valley Mixed-Use Land Opportunity | I-10 @ Date Palm Drive & Varner Rd
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