13 AC Approved High Density Residential & Commercial Development

Vacant Land for Sale
Catylist Listing ID: 30756202
Property Subtypes: Hospitality, Retail
Gross Land Area: 13.05 Acres
Sale Price: $8,000,000
Unit Price: $613,026 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/1/2021

Overview / Comments

- Approved for 100-room Four-Story Hotel, 21,200 sq. ft. of Commercial/Retail Space, and 35-unit Condominium
- Fronting Hwy 111 with easy access
- Prime location at the Heart of Rancho Mirage, 1.2 Miles from Ritz-Carlton
- Crown Jewel of Rancho Mirage, one of the last Highway 111 frontage properties in the City of Rancho Mirage
- Adjacent to Rancho Mirage City Hall, Palm Springs Motors, Desert Extended Stay, SunGate Country Club, Emperor Buffet, Quick Quack Car Wash, and many more!

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 764-490-026, 027, 028, 029, 030, 031, 032, 033, 034, 035, 036, 037, 039
Zoning: C-G (GENERAL COMMERCIAL)
Property Visibility: Excellent
Largest Nearby Street: Highway 111
Soil Type: Sandy

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,130 41,691 123,666
Median Age: 50.84 49.11 46.37
Households: 2,478 18,502 53,176

Contact

Sponsoring Organization

© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Desert Area Commercial Information Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.