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$5,900,000
Est. payment /mo
8.25 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW24242152MR
Lot Size 8.250 Acres
Acres 8.0
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!
Location
State CA
County Riverside
Area Indio South Of East Valley
Exterior
Community Features Street Lights, Urban
View Y/N No
View None
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition Standard
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Listed by Rancon Real Estate
NEARBY SCHOOL & BUSINESS
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