±4.06-Acre Infill Development Opportunity | Midtown Indio

Investment Overview

SVN | Capital West Partners is pleased to present ±4.06 acres of contiguous vacant land at Las Palmas Road and Monroe Street in Midtown Indio. The site is well positioned for residential and mixed-income development in one of the Coachella Valley's most active redevelopment corridors. Neighborhood General zoning allows multifamily, townhome, and live/work development by right, up to four stories. A portion of the site may qualify for Mixed-Use Corridor designation, which would allow additional height and uses, subject to City approval. Parcel is also located in a Qualified Census Tract (QCT), making a project at this site LIHTC eligible, supporting affordable housing development. The property sits one block south of Highway 111, directly across from the Indio Grand Marketplace, where the former Indio Fashion Mall is being redeveloped into an open-air retail district. The site is surrounded by established retailers and services, including Food 4 Less, Wells Fargo, In-N-Out, Harbor Freight, US Bank, Dutch Bros, and Starbucks. JFK Memorial Hospital and Kaiser Permanente are close by, and traffic counts at Highway 111 and Monroe exceed 52,000 vehicles per day. Because this is a privately held infill site, a developer can move now, ahead of the demand the Marketplace redevelopment and the surrounding projects are expected to bring to Midtown Indio. The site is well suited to: Affordable and mixed-income multifamily developers Senior housing developers Townhome builders Long-term land investors

Investment Highlights

• ±4.06 Acres: Two contiguous vacant parcels totaling approximately 176,850 SF.
• Infill Development Opportunity: Midtown Indio location surrounded by established commercial and multifamily uses.
• Near Highway 111: One block south at Monroe Street and Las Palmas Road.
• Across from Indio Grand Marketplace: Convenient proximity to shopping, dining, and services.
• Residential Development Potential: Neighborhood General zoning allows multifamily, live/work, and other residential uses up to four stories.
• Potential Mixed-Use Upside: A portion of the site may qualify for increased height and additional uses, subject to City approval.
• Traffic Volume: More than 52,000 vehicles per day at Highway 111 and Monroe Street.