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Ferretti Real Estate Group
Bennion Deville Homes
760-773-3958
This 2.04-acre parcel of prime undeveloped land in Central Rancho Mirage, spanning 88,862 square feet, offers an exceptional opportunity to create an income-producing asset. Its strategic location at the corner of Country Club Drive and Highway 111 places it in close proximity to the Eisenhower Medical Center, making it highly attractive for commercial development. With outstanding visibility from Highway 111 and ample parking space for both employees and customers, this land is perfectly suited for various commercial ventures. Its central location within Rancho Mirage ensures accessibility to major country clubs, homeowner association communities, retail establishments, and office complexes, enhancing its potential for attracting clientele and generating revenue. Moreover, the high traffic volume on Highway 111 underscores its desirability as a prime location for businesses aiming to capitalize on the bustling economic activity in the Coachella Valley. For investors seeking to capitalize on the lucrative real estate opportunities in Rancho Mirage and leverage the region's thriving commercial landscape, this parcel of land represents an ideal canvas for developing a profitable income-generating asset. Call for additional information!
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Total Baths: 0
Sewer : Unknown
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 2.04
Lot Size Source: Assessor
Lot Size Square Feet: 88862
Original List Price: 1,800,000
Listing Contract Date: 2024-04-13
Listing Agreement: Exclusive Right To Sell
Parcel Number: 689210029
Association: Yes
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 321 - Rancho Mirage
Directions: Corner of Country Club & Hwy 111
Source Property Type: Land
Area: 321 - Rancho Mirage
Year Built Source: Vendor Enhanced
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 | $479,000 | 3 | 3 | 2,216 | 3482 Sqft |
4 Makena Lane, Rancho Mirage, CA,92270 | $1,595,000 | 4 | 4 | 5,113 | 27443 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 |
195 Desert Lakes Drive, Rancho Mirage, CA,92270 | $6,000 | 2 | 2 | 2,465 | 6098 Sqft |
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ByOwner last updated this listing 05/14/2024 @ 10:32
MLS: 219109972DA
LISTED BY: Ferretti Real Estate Group, Bennion Deville Homes
SOURCE: CRMLS
Buyer Agency Compensation: 3%
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.