320 Acres in Indio, CA - $144,000

Enormous parcel, a mile wide and half a mile deep. Wow, big! Low price of only $450 per acre. Remote but not super-remote, just a couple of miles northeast of the city of Indio. Perfect for long term investment!

Dimensions: 1 mile wide by 1/2 mile deep

Electricity: No electricity is available

Water: No water is available

Zoning: Open Space Rural Riverside county land use

Terms: Cash or seller may carry with 20% ($28,800) down at 8% interest short term for 18 months. Payments would be $6,812.96 per month. Alternatively, if the buyer wants lower monthly payments, seller will consider 20% ($28,800) down, then 8% interest-only payments of $768 per month for 18 months, followed by a balloon payment of $115,200 in 18 months.

Driving Directions: From I-10 in the Indio area, take Dillon Rd north to Berdoo Canyon. Parcel is in the hills east of there. No access to this remote ...