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16 Mihalyo Road

Cathedral City, CA 92240
  • $1,288,000
  • STATUS: Active
  • ON SITE: 257 Days
  • ID#: LG22183104
$1,288,000
  • 0
    BEDS
  • 5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Shawn Smithson of Re/Max One (949-342-2244)


Description

FIVE (5) ACRES, 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 111 FREEWAY EXIT. Corners consist 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. 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 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. Palm Springs school district. Brightwood and Kaplan Colleges, Palm Springs High School, charter and elementary schools all within minutes of property. Great investment!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-10T00:29:45.18. 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 deemed reliable but is not guaranteed accurate by the MLS or Frank Kenny Real Estate Team | eXp Realty of California. Licensed in the State of California, USA.
www.southbaylahomesearch.com/homes/133402460
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16 Mihalyo Road Cathedral City, CA 92240

  • Price: $1,288,000
  • Status: Active
  • On Site: 257 Days
  • ID#: LG22183104
0
Beds
0
Baths
0
½ Baths
5
Acres
Neighborhood:
Other (Othr)
County:
Riverside
Area:
335 - Cathedral City North
Property Description
FIVE (5) ACRES, 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 111 FREEWAY EXIT. Corners consist 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. 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 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. Palm Springs school district. Brightwood and Kaplan Colleges, Palm Springs High School, charter and elementary schools all within minutes of property. Great investment!
Exterior Features

Fencing None Lot Features Desert BackDesert FrontLot Over 40000 SqftLevelRectangular LotSecludedStreet LevelValue In Land Road Surface Type Unimproved Sign On Property YN No View DesertMountain(S)NeighborhoodPanoramic View YN Yes Water Body Name Coachella

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingHikingRural Disclosures Incorporated Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanSubmit New Construction YN No Senior Community YN No Sewer None Special Listing Conditions Standard Utilities NoneSee RemarksSewer Not AvailableWater Not Available Water Source None Zoning Mu-U Zoning Description Mixed Use Commercial



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-10T00:29:45.18. 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 deemed reliable but is not guaranteed accurate by the MLS or Frank Kenny Real Estate Team | eXp Realty of California. Licensed in the State of California, USA.
 
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Frank Kenny Real Estate Team | eXp Realty of California
P.O. Box 1253
Torrance CA, 90505
Listing Agent(s): Shawn Smithson of Re/Max One (949-342-2244)