REIT Sale | 0.89 Acre Parcel | 15K VPD | $113K Avg HH Income | 14% Population Growth

 ±0.893 Acres of Commercial Land in Dense Infill Trade Area in Indio, CA

• Affluent Demographics with $113,243 Average Household Income and ±193,482 Individuals (5-Mile)
• ±36,152 VPD Combined Traffic Counts Near Signalized Hard Corner of Monroe Street and Avenue 48
• 14.29% Population Growth from 2020-2025 and 4.91% Growth Projected from 2025-2030 (5-Mile Radius)
• Demand Drivers Nearby: JFK Memorial Hospital, Walmart, Costco, Home Depot, Lowe’s, Target, Hobby Lobby, Trader Joe’s, Kohl’s, Sprouts, Best Buy, Starbucks, Walgreens, Indian Wells Tennis Garden, and more
• Zoned NC, Neighborhood Center District with a Variety of Permitted Uses 
• Absolute $1 Auction - NO RESERVE

Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a fee simple interest in ±0.893 acres of commercial land adjacent to 47985 Monroe Street in Indio, California 92201 (the “Property”).Offered at auction, the Property represents a compelling opportunity for investors, developers, or owner-users to acquire a well-located development site near a signalized hard corner and adjacent to a former Rite-Aid within the Coachella Valley submarket. FIRST BID MEETS RESERVE!

The Property consists of a ±0.893-acre parcel (±38,890 SF) and benefits from excellent frontage with ±142 feet along Avenue 48 with traffic counts of 15,573 vehicles per day and near the signalized intersection with Monroe Street (±20,579 VPD), providing strong visibility and accessibility. The Property benefits from shared access with the adjacent former Rite-Aid along Avenue 48. Zoned NC, Neighborhood Center, the Property offers flexible zoning that accommodates a broad range of retail, service, and commercial uses.

Auctioneer: Emilio Lemeni c/o Fisher Auction Company Inc. License: 00961384. Starting Bid: $1