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Mixed-Use Land for Sale in Cathedral City, California

16 Mihalyo Rd, Cathedral City, CA 92240

$1,288,000
5 acres
Active
Est $9,553/mo

Mountain and Desert views on this FIVE (5) ACRES in Cathedral City, Riverside County. Flat rectangular lot is 338'+- on the West and East sides, 660'+- on the North and South. Zoning is MU-U or Mixed Use Urban, Commercial Zoning. One of the last large lots conveniently located near Palm Drive, at the 111 Freeway exit, consisting 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 indicates this 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. School district for this area is Palm Springs. Brightwood and Kaplan Colleges, Palm Springs High School, charter and elementary schools all within minutes of property.

Location

Street address
16 Mihalyo Rd
Elevation
581 feet
Coordinates
33.8817, -116.4962

Directions

10 Fwy, North on Palm Drive, East on Mihalyo Rd, (North of Jack In The Box) follow dirt Rd to Northwest corner of lot.

Property details

Acreage
5 acres
Zoning
MU-U
MLS #
MRMLS LG22183104
Posted

Parcels

  • 660180016

Details and features

Listing

Type
Land
Subtype
Other
Franchise
RE/MAX International

Lot

View
Desert, Mountain, Panorama

Exterior

Features
Biking Community Features Included, Hiking, Rural

Listing history

DateEventPriceChangeSource
Sept 26, 2022New listing$1,288,000MRMLS
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This 5-acre property is located at 16 Mihalyo Rd in Cathedral City, CA 92240. The property is available for sale for $1,288,000 with a price per acre of $257,600.

Checked 10 mins ago — Updated

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