81550 JFK Court, Indio, CA 92201 - vacant land property

Detailed information about vacant land property which situated in Indio (92201) city, California state on 81550 JFK Court.
The subject site's sub-market area continues to grow rapidly as all the commercial corners are planned for mixed use commercial. The road widening and added turn lanes on Monroe and Dr. Carreon have increased flow and convenience of the retail traffic entering and exiting the area. Commercial land sales in Indio have increased significantly in overall volume. An obvious constant is the steady increase in the price per square foot through out the past three years. Indio's population is over 75,000 and growth is anticipated to nearly double by 2020.

Additional Information: The subject 3.82 acres is a vacant site located within a larger 15.5 acre site at the NWC of Cheyenne Rd. and Buffalo Trail and is zoned Commercial Office (CO). It is one of 4 approx. 3.8 ac. parcels which have been subdivided. Improvements surrounding this vacant site include medical office, retail and service commercial. The primary market influence is the John F. Kennedy Memorial Hospital. Uses can include Senior Assisted Living, Senior congregate living, Medical Offices, mixed use, Specialty hospital, or skilled nursing facility. Located in the expanded Enterprise zone providing financial incentives such as hiring credits, sales and use tax credits, business expense deduction, net operating loss carryover and net interest deduction for lenders. The Zone offers assistance with bidders' preference on State contracts, manufacturers' investment credit, fee waivers, fast track permitting and site selection assistance.