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28.5 AC INDUSTRIAL LAND HIGHWAY 111 & AVENUE 54, COACHELLA

28.5 AC SWC Hwy 111 & Ave 54 COA Aerial
ENTERPRISE WAY & AVENUE 54, COACHELLA, CA

Features

  • In the Opportunity Zone
  • Great location near Jacqueline Cochran Regional Airport
  • Easy access to I-10 freeway
  • Across from Rancho Coachella Business Center, home to Coca Cola, Ernie Ball Guitars, Fulton Distributing, Sun World International, Anthony Vineyards & more!
  • New interchange at Airport Blvd & Expressway 86
  • New overpass at Airport Blvd & Highway 111
  • All utilities in street
  • Close proximity to the Thermal Club, a high end
    motorsports club
  • Low-cost power through Imperial Irrigation District
  • Proposed map for 23 industrial lots
  • Priced to sell!

Asking Price: $950,000 ($33,333/AC)

Vicinity Map

28.5 AC SWC Hwy 111 & Ave 54 COA Zoomed Aerial

Amenities

  • Location: The property is located at the southwest corner of Avenue 54 & Highway 111 in the sphere of influence of the city of Coachella, CA.
  • Zoning: MS (Manufacturing Service)
  • General Plan: LI (Light Industrial)
  • Current Use: Vacant Land
  • APN: 763-280-001
  • Total Parcel Size: 28.5 acres
  • Utilities:
    Electric: In Street (Buyer to verify capacity)
    Water: 12” line in Avenue 54
    Sewer: 12” line in Avenue 54
    Gas: In Avenue 54
  • Comments: Easy access to Expressway 86 and I-10. City of Coachella is pro-growth and very business-friendly.
  • Directions: Take I-10 to Expressway 86 S. Take the exit for Avenue 52 and turn right on Avenue 52. Turn left on to Enterprise Way and travel 1 mile. Turn right on Avenue 54 and Property will be on the left at the southwest corner of Avenue 54 & Highway 111.

Site Plan

28.5 AC SWC Hwy 111 & Ave 54 COA Site Map

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.

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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. ref: 08/06/21 #2155 JC

Contact
Susan Harvey profile photo

Susan Harvey, Owner
susan@dppllc.com
Mobile 760-250-8992
Office 760-360-8200
DRE License #00957590

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Ranked #1 in the Coachella Valley for Commercial Real Estate

Paula Turner profile photo

Paula Turner, Broker
paula@dppllc.com
Mobile 760-578-6564
Office 760-360-8200
DRE License #00702492