80225 Us Highway 111

80225 Us Highway 111

Indio, CA 92201

$1,999,000
Last Sold Price
547,114 / 12.56
Lot Size / Acres

Closed 6/6/23

Closed 6/6/23

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Description

FOR SALE, PRIME 12.56 ACRE parcel on Shield near Hwy 111. SUBJECT lot is part of 50 acre Polo Square (PS) Mixed Use Project Master Plan (PMP). Pursuant to PS PMP, approved by City in 2008 (available on city website), the PMP and current zoning approved Hotels, Residential, Commercial Retail & Office Uses. SUBJECT 12.5 ACRE parcel is currently zoned Medium Density Residential (North half aka Northern Parcel B, 7.1 acres) and Mixed Use (South half aka Northern Parcel A, 5.46 acres). North parcel B,...FOR SALE, PRIME 12.56 ACRE parcel on Shield near Hwy 111. SUBJECT lot is part of 50 acre Polo Square (PS) Mixed Use Project Master Plan (PMP). Pursuant to PS PMP, approved by City in 2008 (available on city website), the PMP and current zoning approved Hotels, Residential, Commercial Retail & Office Uses. SUBJECT 12.5 ACRE parcel is currently zoned Medium Density Residential (North half aka Northern Parcel B, 7.1 acres) and Mixed Use (South half aka Northern Parcel A, 5.46 acres). North parcel B, 7.1 acres, was previously approved for 56 residential units. Entire lot adopted into Connected Neighborhood designation in 2019, which includes generous density bonus. City historically pro-growth, easy to work with and has generous vacation rental policy. Located minutes from Coachella Music Festival. Next in line development parcel, just over the LaQuinta border (Jefferson Street). Enormous opportunity for SFR, Live-Work Townhomes, Apartments, Assisted Living, Hotel or combination in an area poised for growth. Buyer to confirm all zoning and building information with the City of Indio.
  1. Listed by David Leventhal • DRE #01133285 • David Leventhal, Broker
  2. Listed by Joel Pearce • DRE #01191528 • Joel Pearce, Broker

Property Details for 80225 Us Highway 111

Subdivision Name
Not Applicable-1
View
Desert, Mountain(s)
Cross Street
Highway 111 & Shields Rd.

Location

Listing Courtesy of David Leventhal, Broker, David Leventhal, DRE #01133285; Joel Pearce, Broker, Joel Pearce, DRE #01191528

Sold By Desert Pacific Properties, Paula Turner, DRE #00702492

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LISTING UPDATED: 06/07/2023 11:12 AM

Property Details for 80225 Us Highway 111

StatusClosed
MLS #219077637
Days on Market319
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size12.56 AC
CountyRiverside County

Location

Listing Courtesy of David Leventhal, Broker, David Leventhal, DRE #01133285; Joel Pearce, Broker, Joel Pearce, DRE #01191528

Sold By Desert Pacific Properties, Paula Turner, DRE #00702492

Add your commute

Building Information for 80225 Us Highway 111

Lot Size12.56 AC

Payment Calculator

$17,078 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,909

Property Taxes

$6,169

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 80225 Us Highway 111

Summary
Location and General Information
  • City: Indio
  • Country: US
  • Directions: Enter 80539 JASMINE LN, Indio, into your navigation. Property is the entire lot off of Shields Rd behind the homes on that street.
  • Area: 311 - Indio Central
  • Postal Code Plus4: 6538
  • Senior Community: No
  • Unparsed Address: 80225 Us Highway 111, Indio, CA 92201
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Legal Description: 12.56 ACRES M/L IN POR LOTS 1, 2, 3 & 15 MB 009/028 INDIO HEIGHTS DATE GARDENS FOR TOTAL DESCRIPTION SEE ASSESSORS MAPS
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Size Acres: .00
  • Lot Size Square Feet: .00
  • Lot Size Area: 547,114.00
  • Lot Size Source: Assessor
  • Possible Use: Commercial, Multi-Family, Office, Residential, Tourist Service
  • Road Frontage Type: Highway
  • Property Type: Land
Property and Assessments
  • Documents Count: 1
  • Sign On Property: Yes
Utilities
  • Sewer: Unknown
  • Utilities: Electricity Available, Phone Available, Natural Gas Available
Interior and Exterior Features
Exterior Features
  • Pool Private: No
  • Spa: No
Interior Features
  • Total Bathrooms: 0
  • View: Yes
Multi Family
Multi-Family Information
  • Special Listing Conditions: Standard

Property History for 80225 Us Highway 111

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 80225 Us Highway 111

Taxable ValueLand$5,484,805Additions$229,750Total$5,714,555
Tax Record2023$74,024 ($6,169 / month)
Home Facts
Total Finished SqFt16,000 SqFtAbove Grade Finished SqFt16,000 SqFtStories1Lot Size744,876 SqFtStyleStoresYear Built1945ZoningCPSCountyRIVERSIDEAPN600-210-002

Schools near 80225 Us Highway 111

This home is within Desert Sands Unified School District.
Rating
School
Type
Grades
Distance
James Madison Elementary School
Public - K to 5
Indio Middle School
Public - 6 to 8
Indio High School
Public - 9 to 12
Horizon School
Public - K to 12
Rating
School
Distance
James Madison Elementary School
PublicK to 5

Indio Middle School
Public6 to 8

Indio High School
Public9 to 12

Horizon School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of David Leventhal, Broker, David Leventhal, DRE #01133285; Joel Pearce, Broker, Joel Pearce, DRE #01191528

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.