$2,489,454

Potential for 10 to 12 acres to be entitled for Multi-Family up to 20 units/acre. Located at the NEC Varner Rd. and Jefferson signalized intersection. Approved site plan for retail. This is the main freeway exit for the Coachella & Stagecoach Music Festivals. 3 Miles to the new Coachella Valley Stadium/Arena, scheduled to open November 2022. Within 1 mile from Shadow Hills High School, Desert Ridge Middle School and a new elementary school coming soon. Indio is one of the fastest-growing cities in the Coachella Valley. Known as the City of Festivals, it welcomes more than 1 million visitors each year. This area is experiencing explosive new growth.