Active
16 Mihalyo RD
CATHEDRAL CITY CA, 92240
$1,288,000
$5.91 per sqft
Active
5 Acres
Land
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!
LG22183104MR
MLSⓇ ID
September 25, 2022
Listed
October 2, 2024
Updated
Map
16 Mihalyo RD
CATHEDRAL CITY CA, 92240
Exterior/Building Features
Lot Size
5 Acres
Sewer
Not Available
Other Property Details
Area Name
Cathedral City North
Days on Market
704
Garage
No
View
Yes
View Description
Desert, Panoramic
County
Riverside
Water Source
None
Pool
No
Zoning
MU-U
Listed by Shawn Smithson with Re/Max One
Listing Contact: 949-371-5569
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Data last updated 10/2/2024