40 ACRE DEVELOPMENT OPPORTUNITY - AVAILABLE $9,000,000
50501 VAN BUREN ST, COACHELLA CA 92236
AMAZING DEVELOPMENT OPPORTUNITY AVAILABLE IN THE COACHELLA VALLEY. THIS 40 ACRE PARCEL IS LESS THEN 2 MILES FROM THE WORLD FAMOUS EMPIRE POLO GROUNDS WHERE THE ANNUAL COACHELLA VALLEY MUSIC AND ARTS FESTIVAL IS HELD. THE PROPERTY CURRENTLY HAS AN APPROVED TENTATIVE TRACT MAP FOR 186 SINGLE FAMILY LOTS. THE CITY OF COACHELLA HAS RECENTLY UPDATED THEIR GENERAL PLAN TO ALLOW A HIGHER DENSITY ON THIS PARCEL. THIS IS ONE OF ONLY 4 PROPERTIES IN THE CITY THAT HAS BEEN GIVEN THIS DESIGNATION. THIS IS A GREAT OPPORTUNITY FOR A DEVELOPER TO BUILD OUT THE CURRENT TRACT MAP, OR TO MAXIMIZE PROFITS BY BUILDING MUCH NEEDED HIGH DENSITY LOW COST HOUSING FOR THE THRIVING DESERT COMMUNITY.
6343 COLGATE - SOLD $2,500,000
REPRESENTED BUYERS
111 N. HARPER - SOLD $1,775,000
REPRESENTED BUYERS
1055 S. SHERBOURNE $1,700,000
REPRESENTED SELLERS
