16 Mihalyo RD, Cathedral City, CA 92240 – LG22183104

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$1,288,000

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5 Acres Lot

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16 Mihalyo RD Cathedral City, CA 92240

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Chan Wathen

[email protected] +1(702) 461-7869

UPDATED:

12/16/2024 04:09 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision North Cathedral City

MLS Listing ID LG22183104

HOA Y/N No

Lot Size 5.000 Acres

Lot Dimensions Assessor

Property 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!

Location

State CA

County Riverside

Area 335 - Cathedral City North

Zoning MU-U

Interior

Fireplace No

Exterior

Fence None

Community Features Biking, Hiking, Rural

Utilities Available None, See Remarks, Sewer Not Available, Water Not Available

View Y/N Yes

View Desert, Mountain(s), Neighborhood, Panoramic

Present Use Unimproved

Building

Lot Description Desert Back, Desert Front, Lot Over 40000 Sqft, Level, Rectangular Lot, Secluded, Street Level, Value In Land

Sewer None

Water None

New Construction No

Others

Senior Community No

Tax ID 660180016

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Standard

Listed by Shawn Smithson • Re/Max One • 949-371-5569

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Chan Wathen

REALTOR ® | RE.NV Lic.# S.59111

+1(702) 461-7869

16 Mihalyo RD Cathedral City, CA 92240

Chan Wathen

Key Details

Location

Interior

Exterior

Building

Others

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16 Mihalyo RD