Hwy 111 & Country Club Drive Drive, Rancho Mirage, CA 92270

$1,600,000

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Sold Price
$1,600,000
List Price
$1,800,000
Closing Date
Nov 04, 2024
Status
CLOSED
MLS#
219116306
Lot Size
88,862
Lot Location
Near Public Transit
Days on Market
60
Property Type
Land
Neighborhood
Not Applicable

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!

Additional Information

Land Lease Type
Fee
Lot Description
Near Public Transit
View
Mountain(s)
Sewer
Unknown

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Calculator source: Real Geeks

Listing courtesy of Equity Union. Selling Office: .