$1,288,000
217,800 Sqft Lot

16 Mihalyo Road, Cathedral City, California 92240

  • Land Property Type
Property Description

FIVE (5) ACRES, GEORGOUS 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 60 FREEWAY EXIT. Corners consist of Arco/Mkt on the Southwest corner. Chevron/Mkt and a Jack in the Box on the Northeast corner. Just to the Northwest is cannabis cultivation zoning. Harborside Cannabis drive-thru, right on the other side of Palm Drive. New construction on the Northwest corner of Palm Drive and Paul. Amazing number of 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 60 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. Palm Drive is a beautiful palm tree lined four-lane drive. Location is 100% Great investment!

Basic Details
Land
For Sale
LG22183104
$1,288,000
217,800 Sqft
Active
Features
: Desert, Mountain(s), Panoramic, Neighborhood
: Rural, Biking, Hiking
$0
Address Map
California
Riverside
Cathedral City
,North Cathedral City
92240
16 Mihalyo Road
0
W117° 30' 13.6''
N33° 52' 54''
10 Fwy, North on Palm Drive, East on Mihalyo Rd, (North of Jack In The Box) follow dirt Rd to Northwest corner of lot.
Neighborhood
Webb, Del E.
Coronado High
Additional Information
$0
0 Sqft
$0
1062
704
$0
1
1
Cash,AllFinancingConsidered,Submit
: Level, Rectangular Lot, Desert Back, Desert Front, Secluded, Lotover40000sqft, Valueinland, Streetlevel
338 X 660
$0
1
660180016
1
: Standard
$0
: None, Sewer Not Available, Water Not Available, See Remarks
MU-U
Incorporated
Broker/Agent Information
Re/Max One
LGRMO
PATTIP@MAXONEPROPERTIES.COM
Shawn Smithson
LGSMITSHA
shawn@smithsonrealtygroup.com
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069