Listed by Harry Fotinos, Harry Fotinos, Broker,

0 Jackson Street

Indio, CA, 92201

$12,110,000

$12,110,000
Active
Active
 - For Sale
property_type
Land
Cocoa Palms is an approved / shovel-ready 173-lot subdivision located in southeast Indio near the well-known Indian Palms Country Club. The property is ready for the Buyer to step in and begin work with minimal schedule risk. The minimum lot size is 6,000 square feet. The project status is as follows: 1.The City of Indio is completing its final review of the improvement plans. 2. The final map was approved by the City on 4/20/2022. 3. TValley Sanitary District is reviewing the sewer plans. 4. Indio Water Authority Irrigation and the Coachella Valley Water District are reviewing the water plans. The property was graded approximately 15 years ago, and the Buyer will need to re-certify the lots. The utilities are to the site boundary. The Seller has preliminary analysis for a Statewide Community Infrastructure Program (SCIP) special tax to fund specific fees showing a maximum tax of 1.81%. The total revenue per lot to be applied to project costs in the analysis is $14,900.
MLS® ID:
OC22123417
Listed:
5/29/22
Updated:
9/25/22

Exterior/Building Features

Lot Size
38.0 acres lot
Lot Details
36-40 Units/Acre

Other Property Details

Area Name
314 - Indio South of East Valley
HOA Amenities
Biking, Golf, Suburban, Sidewalks, Valley
Garage
No
Parking
N
View
Y
County
Riverside
Utilities
Cable Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Source
Public
Pool
No
Zoning
A1

 

Listed by Harry Fotinos, Harry Fotinos, Broker,

Based on information from California Regional Multiple Listing Service, Inc. as of 9/25/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 11:49 PM UTC, 9/25/22

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