Active

16 Mihalyo Road

Cathedral City CA, 92240

$1,288,000


$5.91 per sqft

Active

5 Acres

Land

Listed by Shawn Smithson with Re/Max One 949-342-2244

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!

LG22183104

MLS ID

September 25, 2022

Listed

May 9, 2024

Updated

Map

16 Mihalyo Road
Cathedral City CA, 92240

Exterior/Building Features

Lot Size

5 Acres


Lot Features

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


Sewer

None

Other Property Details

Area Name

335 - Cathedral City North


Days on Market

421


Garage

No


View

Yes


View Description

Desert, Mountain(s), Neighborhood, Panoramic


County

Riverside


Water Source

None


Pool

No


Zoning

MU-U


Buyer Agency Compensation

2%

Listing Contact: 949-342-2244 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 12:13 PM UTC

 

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