0 Highway 111, Rancho Mirage CA, 92270
(Active)
$1,550,000
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MLS# 219061246DA
Last Updated: 5/2/2024 8:32 AM
Description for
0 Highway 111
Rancho Mirage, CA 92270
Price Reduced from $1.95M to $1.55M - Great Buy! Rare 1.96 Acres vacant land zoned commercial/office (other potential uses*), with 300 ft. of prime frontage on Hwy. 111 in the affluent city of Rancho Mirage. The subject property which is within District 6 'Commercial East' is zoned for commercial use. The district envisions an active commercial retail area. It also intends to establish an open and heavily landscape retail plaza that will provide visual excitement and an obvious sense of arrival to a unique area in Rancho Mirage. As such, landscaping and water features are essential elements to strengthen the district's entry statement into the City.*Buyer to verify uses with city.Rancho Mirage is known as one of the most affluent cities in Riverside County with an average household income of $138,993. Some of America's finest golf courses, most exclusive residential communities, and international events are found here. The Ritz-Carlton Rancho Mirage opened early 2014 after undergoing a major $60 million renovation and is the only Five-Star lodging property in the region. The City of Rancho Mirage promises the seasoned traveler and the discriminating resident the perfect combination of luxury, value and access to some of North America's finest golf, spa and dining opportunities right in the Heart of the Palm Springs Valley.
Price
$1,550,000
Not Applicable-1
Riverside
219061246DA
Active
Description
Price Reduced from $1.95M to $1.55M - Great Buy! Rare 1.96 Acres vacant land zoned commercial/office (other potential uses*), with 300 ft. of prime frontage on Hwy. 111 in the affluent city of Rancho Mirage. The subject property which is within District 6 'Commercial East' is zoned for commercial use. The district envisions an active commercial retail area. It also intends to establish an open and heavily landscape retail plaza that will provide visual excitement and an obvious sense of arrival to a unique area in Rancho Mirage. As such, landscaping and water features are essential elements to strengthen the district's entry statement into the City.*Buyer to verify uses with city.Rancho Mirage is known as one of the most affluent cities in Riverside County with an average household income of $138,993. Some of America's finest golf courses, most exclusive residential communities, and international events are found here. The Ritz-Carlton Rancho Mirage opened early 2014 after undergoing a major $60 million renovation and is the only Five-Star lodging property in the region. The City of Rancho Mirage promises the seasoned traveler and the discriminating resident the perfect combination of luxury, value and access to some of North America's finest golf, spa and dining opportunities right in the Heart of the Palm Springs Valley.
Listing Information
| Property Type: Land, Other | ||
| Other | ||
Not Applicable-1
Other,Unknown
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
Driving Directions
From Palm Springs International Airport:-Head south on Kirk Douglas Way,-Turn left onto Ramon Rd,-Turn right onto S Gene Autry Trail,-Use the left 2 lanes to turn left onto CA-111 S/E,-Destination will be on the right.
Financial Considerations
| 689190027 |
Submit
APN: 689-190-027
Listing Price History
Rancho Mirage Real Estate
Rancho Mirage is located in California. Rancho Mirage, California 92270 has a population of 18,398.
The median household income in Rancho Mirage, California 92270 is $76,519. The median household income for the surrounding county is $70,543 compared to the national median of $66,222. The median age of people living in Rancho Mirage 92270 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 1/21/2022 | Active | $1,550,000 USD -20.51% |
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| 4/29/2021 | Active | $1,950,000 USD |
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