16 Mihalyo Road
Cathedral City, CA 92240
5.00 acres | #LG22183104
Description
FIVE +- (5) ACRES, GORGEOUS 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!
Property Details
- Lot DescriptionDesertBack, DesertFront, LotOver40000Sqft, Level, RectangularLot, Secluded, StreetLevel, ValueInLand
- Utility FeaturesNone, SeeRemarks, SewerNotAvailable, WaterNotAvailable
- ViewDesert, Mountains, Neighborhood, Panoramic
- SubdivisionNorth Cathedral City
- Original List Price$1,288,000
- MLS #LG22183104
- MLS #LG22183104
- CountyRiverside
- Property TypePurchase
- Cost1288000
- Property SubtypeLand
- Acres5
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Shawn Smithson (#LGSMITSHA)
Listing Office: Re/Max One (#LGRMO)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
