16 Mihalyo Road, Cathedral City, CA 92240

$1,288,000
List Price
$1,288,000
Status
ACTIVE
MLS#
LG22183104
Lot Size
217,800
Acres
5
Lot Location
Desert Back, Desert Front, LotOver40000Sqft, Level, Rectangular Lot, Secluded, StreetLevel, ValueInLand
Days on Market
62
Property Type
Land
Neighborhood
Other (Othr)

Property Description

Mountain and Desert views on this FIVE (5) ACRES in Cathedral City, Riverside County. Flat rectangular lot is 338'+- on the West and East sides, 660'+- on the North and South. Zoning is MU-U or Mixed Use Urban, Commercial Zoning. One of the last large lots conveniently located near Palm Drive, at the 111 Freeway exit, consisting 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 indicates this 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. School district for this area is Palm Springs. Brightwood and Kaplan Colleges, Palm Springs High School, charter and elementary schools all within minutes of property.

Additional Information

View
Desert, Mountain(s), Neighborhood
Sewer
None
Water
None
Attached Structure
Detached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Shawn Smithson (shawn@smithsonrealtygroup.com) from Listing Office: Re/Max One.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.