13.05 Ac Hwy 111, Rancho Mirage Approved High Density Residential & Commercial Development Below Ritz Carlton

Highway 111 & N Frank Sinatra, Rancho Mirage, CA

$8,000,000

Price

13.05 acres

Lot Area

$14

Price Per Sqft

Overview
Lot Area
13.05 acres
Price Per Sqft
$14
Zoning
C-G (General Commercial)
Description

The affluent community of Rancho Mirage, nicknamed the “Playground to the Presidents,” is in the center of Southern California’s rapidly growing Coachella Valley. Its convenient access to Interstate 10 and the Palm Springs International Airport allows for tourism within the entire Southern California region and around the world. Tourism is attracted to the Palm Springs area by its popular destinations, renowned golf courses, and luxury resorts.

Highlights
  • Approved for 100-room Four-Story Hotel, 21,200 SF of Commercial/Retail Space, and 35-unit Condominium
  • Nestled in the hills beneath the Ritz Carlton Hotel
  • Fronting Hwy 111 with signalized access
  • Prime location in the heart of Rancho Mirage
  • One of the last Highway 111 frontage development properties in the City of Rancho Mirage
  • Ideal location adjacent to Rancho Mirage City Hall, the Ritz-Carlton Hotel, Sunnylands International Retreat, Agua Caliente Casino, Rancho Mirage Amphitheater and numerous high end country clubs.
  • Impressive Demographic and Traffic Counts
Documents
Title
13.05_AC_Hwy_111__RM.pdf
13.05_AC_Hwy_111__RM__OM_.pdf
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Location
Gallery