164 AC Industrial Land
Coachella, CA
Asking Price: $16,100,000 ($2.25/SF)
Features
- Fully improved parcels include roads, water, sewer, gas, and electricity (Buyer to verify capacity)
- Easy access to I-10 & Jacqueline Cochran Airport
- In the Opportunity Zone presenting tremendous opportunity for tax benefits
- City ordinance now allows for cannabis
- Low Cost Power
- Adjacent to rail
- 15 million people within 150 miles
- Join Coca-Cola distributing, Fulton Distributing, Ernie Ball Guitars, Double Date, Anthony Vineyards, Ocean Mist and many others.
- Priced to sell!
- Asking Price: $16,100,000 ($2.25/SF)
Vicinity Map
Parcel Sizes
| # | Size | APN |
| 1 | 34.6 | 763-141-002 |
| 2 | 54.52 | 763-141-001 |
| 3 | 5.09 | 763-141-034 |
| 4 | 2.91 | 763-141-035 |
| 5 | 2.5 | 763-141-036 |
| 6 | 6.31 | 763-141-029 |
| 7 | 1.78 | 763-141-030 |
| 8 | 1.49 | 763-141-031 |
| 9 | 1.42 | 763-141-032 |
| 10 | 1.84 | 763-141-033 |
| 11 | 5.17 | 763-141-028 |
| 12 | 5.15 | 763-141-041 |
| 13 | 41.37 | 763-141-009, 763-141-003 |
| 14 | 49 | Lot 14 also available call for pricing |
Coachella’s ideal location puts it in front and center. Situated in a regional marketplace of more than 21 million customers, with rail service, airports, and access to commercial shipping and cargo. Easy access to the nationwide east-west Interstate 10 corridor, 86 Expressway, and three airports; Palm Springs International Airport, Bermuda Dunes airport, and the nearby Jacqueline Cochran Airport. Coachella is two hours from Los Angeles and San Diego, three and a half hours from Phoenix, and four hours from Las Vegas.
Site Amenities
- Zoning: M-H (Heavy Industrial)
General Plan: IL – Light Industrial - Current Use: Master Planned Business Park
- Utilities:
- ELECTRICITY: Enterprise Way & Ave 54
- WATER: 12” line in Enterprise Way; 12” line in Ave 54
- SEWER: 12” line in Enterprise Way; 15” line in Ave 54
- GAS: 3” line in Enterprise Way; 4” line in Ave 54 ;
- Studies: Phase 1 Environmental Report, Alta Survey, CEQA, soils, Draft Design Guidelines, CC & R’s.
- Directions: Traveling east on I-10, take Expressway 86 South to Ave 52. Turn right (west) on Avenue 52 to Enterprise Way. Take Enterprise Way left (south)to site.
What is an Opportunity Zone?
Why is investing in an Opportunity Zone better than a 1031 Exchange?
Temporary Deferral: Similar to a 1031 Exchange
Step-up in Basis: After 5 years capital gains basis is increased by 10% and by an additional 5% if held for at least 7 years, thereby excluding up to 15% of the original gain from taxation.
Permanent Exclusion: After 10 years the capital gains are permanently excluded from taxable income.
For more information, please visit the Opportunity Zone page.
Development Incentives
Industrial Development Bond Financing Capital Investment Incentive Program DIF (Development Impact Fees) Deferral or Financing Infrastructure Funding Program. For More Info: rivcoeda.or/
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DISCLAIMER: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions assumptions or estimates used are for example only, and do not represent the current or future performance of the property.
Paula Turner, Broker
paula@dppllc.com
Mobile 760-578-6564
Office 760-360-8200
DRE License #00702492
Ranked #1 in the Coachella Valley for Commercial Real Estate
Rebecca Ramirez, Sales Agent
rebecca@dppllc.com
Mobile 760-333-7170
Office 760-360-8200
DRE License #02050799