$ 1,288,000
16 Mihalyo Road Cathedral City, CA 92240
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Listed by Shawn Smithson • Re/Max One
$ 1,288,000
Est. payment | /mo
5 Acres Lot
$ 1,288,000
Est. payment | /mo
5 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID LG-22183104
Lot Size 5.000 Acres
Property Description
FIVE (5) ACRES, GEORGOUS MOUNTAIN and DESERT VIEWS, in CATHEDRAL CITY, Riverside County, Ca. Flat, rectangular lot is 338'+- on the West and East sides, 660'+- on the North and South. ZONING is MU-U (Mixed Use Urban) and COMMERCIAL. One of the last large lots conveniently located near Palm Drive, at the 60 FREEWAY EXIT. Corners consist of Arco/Mkt on the Southwest corner. Chevron/Mkt and a Jack in the Box on the Northeast corner. Just to the Northwest is cannabis cultivation zoning. Harborside Cannabis drive-thru, right on the other side of Palm Drive. New construction on the Northwest corner of Palm Drive and Paul. Amazing number of home tracts on the South side of the Freeway. This indicates the North Palm Springs/Desert Hot Springs/Cathedral City area is moving forward with commercial and residential growth. Large parcels will be at a premium and certainly retain investment values! Palm Drive is right between Indian Canyon Drive to the West and Date Palm Drive to the East, off the 60 Freeway. Head South on Palm Drive and it turns into the North Gene Autry Trail. This is the main road to Palm Springs International Airport, the Palm Springs Tramway, Palm Springs Art Museum and more. Shopping at the Sunrise Vista Chino Albertsons Center also available just East of the Airport. Palm Springs school district. Brightwood and Kaplan Colleges, Palm Springs High School, charter and elementary schools all within minutes of property. Palm Drive is a beautiful palm tree lined four-lane drive. Location is 100% Great investment!
Location
State CA
County Riverside
Zoning MU-U
Exterior
Community Features Biking, Hiking, Rural
Utilities Available Sewer Not Available, None, See Remarks
View Y/N Yes
View Mountain(s), Panoramic, See Remarks, Desert
Building
Lot Description Desert Back, Desert Front, Level, Level with Street, Lot Over 40000 Sqft, Rectangular Lot, Secluded, Value In Land
Sewer None
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Darren Humphrey
Partner | Lic# DRE 01724424