$1,600,000
$1,800,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
2.04 Acres Lot
SOLD DATE : 11/04/2024
Key Details
Sold Price $1,600,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219116306DA
Sold Date 11/04/24
HOA Y/N Yes
Lot Size 2.040 Acres
Property Description
This 2.04-acre parcel of prime undeveloped land in Central Rancho Mirage, spanning 88,862 square feet, offers an exceptional opportunity to create an income-producing asset. Its strategic location at the corner of Country Club Drive and Highway 111 places it in close proximity to the Eisenhower Medical Center, making it highly attractive for commercial development. With outstanding visibility from Highway 111 and ample parking space for both employees and customers, this land is perfectly suited for various commercial ventures. Its central location within Rancho Mirage ensures accessibility to major country clubs, homeowner association communities, retail establishments, and office complexes, enhancing its potential for attracting clientele and generating revenue. Moreover, the high traffic volume on Highway 111 underscores its desirability as a prime location for businesses aiming to capitalize on the bustling economic activity in the Coachella Valley. For investors seeking to capitalize on the lucrative real estate opportunities in Rancho Mirage and leverage the region's thriving commercial landscape, this parcel of land represents an ideal canvas for developing a profitable income-generating asset. Call for additional information!
Location
State CA
County Riverside
Area 321 - Rancho Mirage
Interior
Fireplace No
Exterior
View Y/N Yes
View Mountain(s)
Building
Lot Description Near Public Transit
Sewer Unknown
Others
Senior Community No
Tax ID 689210029
Acceptable Financing Owner Will Carry
Listing Terms Owner Will Carry
Financing Other
Special Listing Condition Standard
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Bought with OUT OF AREA • OUT OF AREA