Exceptional 3.92-Acre Development Opportunity on Highway 111Discover a rare gem in the heart of Indio, CA--a 3.92-acre vacant lot boasting approximately 275 feet of prime Highway 111 frontage. Perfectly positioned for maximum visibility with a daily traffic count of 29,871 vehicles, this property offers unmatched exposure for your next big project.Key Highlights:Zoned : MPDO-HWY111 SP which indicates that the property is subject to both the specific regulations of the Highway 111 Corridor Specific Plan and the overlay standards of the Master Planned Development, which may include tailored requirements for land use, building design, density, and infrastructure to ensure cohesive development along the corridor. For example, the Specific Plan emphasizes concentrating commercial uses in walkable, transit-ready centers and ensuring appropriate transitions to nearby single-family neighborhoods.Prime Location Near Major Events: Just one block from the Riverside County Fairgrounds, home to world-famous events like Coachella, Stagecoach, and Desert Trip Music Festivals, attracting millions of visitors annually and boosting local business potential.High-Traffic Exposure: Situated on bustling Highway 111, adjacent to established motels like the Travelodge and Palm Shadow Inn, this lot guarantees maximum visibility in a high-traffic commercial corridor.Spacious & Build-Ready: With nearly 4 acres of flat, usable land, this lot provides ample space for a variety of development visions, from professional offices to retail centers or mixed-use complexes.Why Choose This Property?Indio, the ''City of Festivals,'' is one of Riverside County's fastest-growing cities, blending cultural vibrancy with economic opportunity. Its proximity to major festivals and a high-traffic corridor makes this lot a developer's dream. Whether you're planning a commercial hub, professional offices, or a mixed-use development, this property offers the perfect foundation to capitalize on Indio's booming growth.Act Now!Contact the City of Indio's Planning Department at (760) 391-4120 or planning@indio.org to verify zoning and explore development possibilities. Don't miss this chance to secure a prime parcel in one of Southern California's most dynamic markets!Note: All information is believed to be accurate but should be independently verified by buyers and their advisors.