46319 Monroe Street

Located at Las Palmas Road and Monroe Street in Midtown Indio, the ±4.06-acre property sits one block south of Highway 111 and directly across Monroe Street from Indio Grand Marketplace. The site offers convenient access to shopping, dining, services, and major routes throughout the Coachella Valley. Indio is also home to the internationally recognized Coachella Valley Music & Arts Festival and Stagecoach Country Music Festival, both held at Empire Polo Club, drawing visitors from around the world and adding to the area’s appeal as an entertainment destination. With established commercial uses to the north and existing multifamily housing to the south, the property offers an attractive setting for future residential or commercial development within this active desert community.SVN | Capital West Partners is pleased to present ±4.06 acres of contiguous vacant land at Las Palmas Road and Monroe Street in Midtown Indio. The site is well positioned for residential and mixed-income development in one of the Coachella Valley's most active redevelopment corridors. Neighborhood General zoning allows multifamily, townhome, and live/work development by right, up to four stories. A portion of the site may qualify for Mixed-Use Corridor designation, which would allow additional height and uses, subject to City approval. Parcel is also located in a Qualified Census Tract (QCT), making a project at this site LIHTC eligible, supporting affordable housing development. The property sits one block south of Highway 111, directly across from the Indio Grand Marketplace, where the former Indio Fashion Mall is being redeveloped into an open-air retail district. The site is surrounded by established retailers and services, including Food 4 Less, Wells Fargo, In-N-Out, Harbor Freight, US Bank, Dutch Bros, and Starbucks. JFK Memorial Hospital and Kaiser Permanente are close by, and traffic counts at Highway 111 and Monroe exceed 52,000 vehicles per day. Because this is a privately held infill site, a developer can move now, ahead of the demand the Marketplace redevelopment and the surrounding projects are expected to bring to Midtown Indio. The site is well suited to: Affordable and mixed-income multifamily developers Senior housing developers Townhome builders Long-term land investors