5 Acres of Mixed-Use Land for Sale in Cathedral City, California

16 Mihalyo Rd, Cathedral City, CA 92240

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$1,288,000
5 acres
Active sale agoEst $12,896/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.

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

Coordinates
33.8817, -116.4962
Zoning
MU-U
Elevation
581 feet
MLS Number
MRMLS LG22183104
Date Listed

Parcels

  • 660180016

This 5-acre property is located at 16 Mihalyo Rd in Cathedral City, CA 92240 with latitude 33.8817 and longitude -116.4962. The property is currently available for sale for $1,288,000 with a price per acre of $257,600. Listing data is sourced from California Regional Multiple Listing Service # LG22183104.

Verify sale details at the property source or contact RE/MAX One at (818) 674-1745.

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Listing checked and updated . Parcel data by Regrid.

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