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Address
83734 Dr. Carreon Blvd, Indio, CA
Price
$ 5,900,000
Property Attributes
  • MLS#SW24242152MR
  • TypeSingle Family
  • Listing Status Active
  • CountyRIVERSIDE
  • CityIndio
  • AreaIndio South of East Valley
  • Zip92201
  • Style
  • Price$ 5,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8 Acres
Data Source:
Combined LA/Westside MLS (CLAW)
Property Description

Fully Entitled Self Storage Facility Ready to go Vertical with some on and off-site improvements completed! This level 8.25 Acre site has been approved for 181, 926 sqft Self Storage Facility. Net Leasable sqft totals in 151,535 comprised of 999 Mini Storage Units with an additional 75 Covered Boat and RV Slips. Project was recently approved by the City of Indio prior to the city enacting a 5-year Moratorium not allowing for any new Self Storage and RV Storage Facilities to be Approved until 2029. Since then the owner has continued to invest in on and off-site improvements. The local demographics support an increased demand and steady growth contributing to immediate and continued future demand with a low per capita use factor. Please see attached Feasibility Study and Growth Map for expected future growth and demand. Call us today before it s too late!

Price History
12/6/2024 Listed $5,900,000

General Features

Land Lease Type Fee

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 92201

Price
AVG $670K
$5.9M
Visits
AVG 113
151
Data Provided by Inside Real Estate®

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