81515 Avenue 50, Indio, CA 92201 – SR23004713 - Kobe Zimmerman

$3,528,500

Est. payment -/mo

$3,360,000

5.0%

Est.Price: ?

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8.96 Acres Lot

SOLD DATE : 06/23/2023

Key Details

Sold Price $3,528,500

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR23004713

Sold Date 06/23/23

HOA Y/N No

Lot Size 8.960 Acres

Acres 8.96

Property Description

A rare opportunity to purchase acreage adjacent to the Coachella Music Festival / Empire Polo Grounds that has been a lease to the festival for 10 years (possibility for good income); and in proximity to PGA West, Griffin Ranch, and The Madison Club. A beautiful rectangular flat lot begging for development with dual access from Avenue 50 next to the Empire Polo Grounds; purchase and hold, lease, or develop and resell. This is a purchase that only comes along once in a great while!
A rare opportunity to purchase acreage adjacent to the Coachella Music Festival / Empire Polo Grounds that has been a lease to the festival for 10 years (possibility for good income); and in proximity to PGA West, Griffin Ranch, and The Madison Club. A beautiful rectangular flat lot begging for development with dual access from Avenue 50 next to the Empire Polo Grounds; purchase and hold, lease, or develop and resell. This is a purchase that only comes along once in a great while!