for sale 40.10 ac desert pearl · • the city of indio, known as the "city of festivals"...

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For Sale For more information please contact PROPERTIES, INC. COMMERCIAL REAL ESTATE 77-933 Las Montanas, Suite 101 Palm Desert, CA 92211 [email protected] Office 760-360-8200 Fax 760-360-7580 Susan Harvey DRE License # 00957590 [email protected] Mobile 760-250-8992 Office 760-360-8200 Paula Turner DRE License # 00702492 [email protected] Mobile 760-578-6564 Office 760-360-8200 11 SUMMARY 40.10 AC Desert Pearl Shadow Hills Located on Clinton Street, just north of Avenue 42, Indio In the bustling neighborhood known as Shadow Hills with new homes and schools going up all around. • Previously approved TTM for 132 residential lots averaging at 8,800 SF. (Density of 3.3 Du/Ac) • Just over a mile from new Richard Oliphant Elementary School and in close proximity to Shadow Hills High School and Desert Ridge Middle School. • Near The Palms, a 20 AC shopping center, anchored by Walmart, a movie theatre, restaurants and much more. • Adjacent to Sun City Shadow Hills a 3,450 home active adult community • Desert Pearl is located in the Shadow Hills area which is one of the most active submarkets in the Coachella Valley • The city of Indio is leading the charge in population growth. India's 17.8% population growth increase from 2010 to 2016 put them at number 13 on the list of fastset growing cities in California. • The City of Indio, known as the "City of Festivals" plays host to the famous Coachella, Stagecoach and Desert Trip Music Festivals. North Indio is booming with new developments. Asking Price: $2,807,000 ($70,000 AC) Desert Pacific Properties Ranked #1 in the Coachella Valley for Commercial and Industrial Real Estate

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Page 1: For Sale 40.10 AC Desert Pearl · • The City of Indio, known as the "City of Festivals" plays host to the famous Coachella, Stagecoach and Desert Trip Music Festivals. North Indio

For Sale

For more information please contact

PROPERTIES, INC. COMMERCIAL REAL ESTATE 77-933 Las Montanas, Suite 101 Palm Desert, CA 92211 [email protected] Office 760-360-8200 Fax 760-360-7580

Susan Harvey

DRE License # 00957590 [email protected] Mobile 760-250-8992 Office 760-360-8200

Paula Turner

DRE License # 00702492 [email protected] Mobile 760-578-6564 Office 760-360-8200

11

SUMMARY

40.10 AC Desert Pearl Shadow Hills

Located on Clinton Street, just north of Avenue 42, Indio

• In the bustling neighborhood known as Shadow Hills with new homes and schools going up all around.

• Previously approved TTM for 132 residential lots averaging at 8,800 SF. (Density of 3.3 Du/Ac)

• Just over a mile from new Richard Oliphant Elementary School and in close proximity to Shadow Hills High School and Desert Ridge Middle School.

• Near The Palms, a 20 AC shopping center, anchored by Walmart, a movie theatre, restaurants and much more.

• Adjacent to Sun City Shadow Hills a 3,450 home active adult community

• Desert Pearl is located in the Shadow Hills area which is one of the most active submarkets in the Coachella Valley

• The city of Indio is leading the charge in population growth. India's 17.8% population growth increase from 2010 to 2016 put them at number 13 on the list of fastset growing cities in California.

• The City of Indio, known as the "City of Festivals" plays host to the famous Coachella, Stagecoach and Desert Trip Music Festivals. North Indio is booming with new developments.

Asking Price: $2,807,000 ($70,000 AC)

Desert Pacific Properties Ranked #1 in the Coachella Valley for Commercial and Industrial Real Estate

Page 2: For Sale 40.10 AC Desert Pearl · • The City of Indio, known as the "City of Festivals" plays host to the famous Coachella, Stagecoach and Desert Trip Music Festivals. North Indio

40.1 O AC, Desert Pearl, Shadow Hills

Previously approved Tentative Map

Area Insights

DEMOGRAPHICS: 1MI 3 Ml 5MI Population: 5,931 73,790 149,255

# of Households: 2,717 23,939 51,570

Avereage Income: $69,092 $56,595 $57,884

TRAFFIC COUNTS Ave 42/W Monroe: 13,172 cars/day

Ave 42/ W Madison: 5,000 cars/day Madison/ 1-10: 66,000 cars/day

DISCLAIMER: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions assumptions or estimates used are for example only, and do not represent the current or future performance of the property.

Susan DRE License# 00957590 [email protected] Harvey Mobile 760-250-8992

Office 760-360-8200

II II J111 I 111111 1111 Ill 11111 Desert Pacific PROPERTIES, INC. COMMERCIAL REAL ESTATE

DRE License# 00702492 Paula [email protected] Mobile 760-578-6564 Turner Office 760-360-8200

Desert Pacific Properties Ranked #1 in the Coachella Valley for Commercial and Industrial Real Estate 77-933 Las Montanas, Suite 101 Palm Desert, CA 92211 [email protected] Office 760-360-8200 Fax 760-360-7580