83734 Dr. Carreon Boulevard, Indio, CA 92201

$5,900,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$5,900,000
Status
ACTIVE
MLS#
SW-24242152
Lot Size
359,370
Lot Location
Lot Over 40000 Sqft
Days on Market
604
Property Type
Land

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!

Additional Information

Land Lease Type
Fee
Lot Description
Lot Over 40000 Sqft
View
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Rancon Real Estate.