• Highway 111 Rancho Mirage, CA 92270

  • $1,550,000
  • 0
    Sq Ft
  • 1.96
    Acres
  • Listed By: Erik Christianson, The Hoffman Company, DRE #01475105
  • Source: CRMLS

Price Reduced from $1.95M to $1.55M - Great Buy! Rare 1.96 Acres vacant land zoned commercial/office (other potential uses*), with 300 ft. of prime frontage on Hwy. 111 in the affluent city of Rancho Mirage. The subject property which is within District 6 'Commercial East' is zoned for commercial use. The district envisions an active commercial retail area. It also intends to establish an open and heavily landscape retail plaza that will provide visual excitement and an obvious sense of arrival to a unique area in Rancho Mirage. As such, landscaping and water features are essential elements to strengthen the district's entry statement into the City.*Buyer to verify uses with city.Rancho Mirage is known as one of the most affluent cities in Riverside County with an average household income of $138,993. Some of America's finest golf courses, most exclusive residential communities, and international events are found here. The Ritz-Carlton Rancho Mirage opened early 2014 after undergoing a major $60 million renovation and is the only Five-Star lodging property in the region. The City of Rancho Mirage promises the seasoned traveler and the discriminating resident the perfect combination of luxury, value and access to some of North America's finest golf, spa and dining opportunities right in the Heart of the Palm Springs Valley.

Property Type :

Land

Subdivision :

Fallbrook

County :

Riverside

Style :

Land

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Property Details

 

Bathroom Information

Total Baths: 0

Water/Sewer

Sewer : Other,Unknown

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Source: Other

Lot Size Square Feet: 1.96

Listing Price Information

Original List Price: 1,550,000

Listing Contract Date: 2021-04-29

Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 689190027

Garage and Parking

Homeowners Association

Association: Yes

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 321 - Rancho Mirage

Directions: From Palm Springs International Airport:-Head south on Kirk Douglas Way,-Turn left onto Ramon Rd,-Turn right onto S Gene Autry Trail,-Use the left 2 lanes to turn left onto CA-111 S/E,-Destination will be on the right.

Source Property Type: Land

Area: 321 - Rancho Mirage

Building and Construction

Year Built Source: Vendor Enhanced

Homes around $1,550,000

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Highway 111, Rancho Mirage, CA,92270 $8,000,000 -- -- -- 568458 Sqft
Monterey Ave & Frank Si.., Rancho Mirage, CA,92270 $9,000,000 -- -- -- 747490 Sqft
72187 Desert Drive, Rancho Mirage, CA,92270 $1,085,000 4 3 2,563 19166 Sqft
34745 Mission Hills Dri.., Rancho Mirage, CA,92270 $489,000 3 3 2,216 3482 Sqft
4 Makena Lane, Rancho Mirage, CA,92270 $1,595,000 4 4 5,113 27443 Sqft
69635 Encanto Court, Rancho Mirage, CA,92270 $5,500 2 2 999 1307 Sqft
69533 Encanto Court, Rancho Mirage, CA,92270 $3,500 2 2 999 1307 Sqft
938 Inverness Drive, Rancho Mirage, CA,92270 $739,000 3 3 2,690 5663 Sqft
36 Sunrise Drive, Rancho Mirage, CA,92270 $5,700 2 2 1,320 1307 Sqft
17 Seville Drive, Rancho Mirage, CA,92270 $7,000 2 2 1,650 1742 Sqft

Similar Land To Highway 111

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ByOwner last updated this listing 04/27/2024 @ 19:35

MLS: 219061246DA
LISTED BY: Erik Christianson, The Hoffman Company
SOURCE: CRMLS
Buyer Agency Compensation: 2.75%
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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