• 16 Mihalyo Road Cathedral City, CA 92240

  • $1,288,000
  • 0
    Sq Ft
  • 217800
    Sqft
  • Listed By: Shawn Smithson, Re/Max One, DRE #01706033
  • Source: CRMLS

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 Type :

Land

Subdivision :

Fallbrook

County :

Riverside

Style :

Land

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Property Details

 

Water/Sewer

Water BodyName: Coachella

Water Source : None

Sewer : None

Fencing

None

Lot Details

Lot Dimensions Source: Assessor

Lot Size Acres: 5

Lot Size Dimensions: 338 X 660

Lot Size Source: Assessor

Lot Size Square Feet: 217800

Listing Price Information

Original List Price: 1,288,000

Listing Contract Date: 2022-09-25

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 660180016

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 335 - Cathedral City North

Directions: 10 Fwy, North on Palm Drive, East on Mihalyo Rd, (North of Jack In The Box) follow dirt Rd to Northwest corner of lot.

Zoning: MU-U

Source Property Type: Land

Area: 335 - Cathedral City North

Building and Construction

Year Built Source: Vendor Enhanced

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/10/2024 @ 11:33

MLS: LG22183104
LISTED BY: Shawn Smithson, Re/Max One
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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