FOR SALE, is a PRIME 12.56 ACRE parcel at Shield/Hwy 111. SUBJECT is part of the 50 acre Polo Square (PS) Mixed Use Project Master Plan (PMP). Pursuant to PS PMP, approved by City of Indio in 2008 (available on city website), the PMP approved 350,000sf Commercial Retail Uses, 200,000sf Commercial Offices, 120 Room Hotel, 2nd 35,000sf Hotel & 516 Residential Units. SUBJECT 12.5 ACRE parcel is currently up-zoned to 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 approved for 56 residential units pursuant to PS PMP. Located minutes from Coachella Music Festival and the Indio Fashion Mall (recently sold and being redeveloped). Next in line parcel, just over the LaQuinta border (Jefferson Street). Enormous development opportunity in an area poised for growth. Buyer to confirm all zoning and provisions of PS PMP with the City of Indio.
The information being provided by the California Desert Association of Realtors® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Listing information last updated on January 19th, 2020 at 6:15am PST.