13.05 Acres Previously Approved High Density Residential & Commercial Development Below Ritz Carlton

$8,000,000

Highway 111 & N Frank Sinatra, Rancho Mirage, CA

For Sale

Land Commercial

Active

Last Updated: 07/18/2024

Details:

Lot Area: 13.05 acres

Price Per Sqft: $14

Zoning: C-G (General Commercial)

Offered by

Susan Harvey

Agent / Broker

Desert Pacific Properties

#00957590

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Emily Harvey

Sales Agent

Desert Pacific Properties

#02229612

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Highlights:

Previously 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

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.