FIVE (5) ACRES, 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 111 FREEWAY EXIT. Corners consist of Arco and Chevron gas stations and a Jack in the Box restaurant. Desert Hot Springs, just to the Northwest has a huge cultivation zoning. Newly built Harborside Cannabis drive-thru, right on the other side of Palm Drive and several new amazing 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 111 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. Great investment!
Property Details
Price:
$1,288,000
MLS #:
LG22183104
Status:
Active
Baths:
0
Address:
16 Mihalyo Road
Type:
Land
City:
Cathedral City
Listed Date:
Sep 25, 2022
State:
CA
ZIP:
92240
Lot Size:
217,800 sqft / 5.00 acres (approx)
Schools
Interior
Exterior
Community Features
Biking, Hiking, Rural
Fencing
None
Lot Features
Desert Back, Desert Front, Level with Street, Lot Over 40000 Sqft, Rectangular Lot, Level, Secluded, Value In Land
Sewer
None
View
Desert, Mountain(s), Neighborhood, Panoramic, See Remarks
Water Source
None
Financial
Association Fee
0.00
Utilities
None, See Remarks, Sewer Not Available
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16 Mihalyo Road
Cathedral City, CA
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