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Listed by Anthony Derrigo, DRE #01995056 • Rancon Real Estate
$ 5,900,000
Est. payment | /mo
8.25 Acres Lot
$ 5,900,000
Est. payment | /mo
8.25 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSW24242152
Lot Size 8.250 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
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 699 - Not Defined
Zoning LZ
Exterior
Utilities Available Electricity - On Site
View None
Building
Water District - Public
Others
Tax ID 612130016
Special Listing Condition Not Applicable
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