$6,750,000

50503 Van Buren Street

Coachella CA, 92236

Description

39.4 Acre Multi Family, or Single Family development site located in the City of Coachella. Less than 2 miles form the world renowned Coachella Valley music festival located at the Empire Polo Grounds. This parcel has been recently identified by the city of Coachella in the General Plan for use as Medium to High density residential use. Previously approved subdivision with 196 Residential Lots (Approved in 2006, currently expired) and all background documents included with sale. Buyers to do their own due diligence and investigations regarding the development opportunities. Sellers and Agents make no guarantee of the accuracy of any provided information regarding the development. No Standby Charges for Canal water use. VERY RARE

Details

MLS#SR19277679
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site350

Features

ZoningA210
Acreage39.40
Property ViewYes

Market Activity 92236

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Area Information
StateCA
CountyRiverside
CityCoachella
Zip Code92236
Area315 - Coachella
Listing VS Median (in 92236)
Price:
$6,750,000
low | high
Med:
$367,000
100% of Average
On Site:
350
low | high
Med:
24
100% of Average
Listing Updated: November 23, 2020 11:38:07 PM PST
Michael Nigosian LogoMLS Number: SR19277679
Listing Provided By:
Michael Nigosian  of  Michael Nigosian Realtor
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.