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16 Mihalyo Road, Cathedral City, CA 92240
$1,288,000
16 Mihalyo Road, Cathedral City, CA 92240View this property at 16 Mihalyo Road, Cathedral City, CA 92240
16 Mihalyo RoadCathedral CityCA92240
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Property Description
FIVE (5) ACRES, mountain and desert VIEWS, in CATHEDRAL CITY, Riverside County, Ca. Flat, rectangular lot is 338'+- on the West and East sides, 660'+- on the North and South. ZONING is MU-U (Mixed Use Urban) and COMMERCIAL. One of the last large lots conveniently located near Palm Drive, at the 111 FREEWAY EXIT. Corners consist 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. This indicates the 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. Palm Springs school district. Brightwood and Kaplan Colleges, Palm Springs High School, charter and elementary schools all within minutes of property. Great investment!
Full Property Details
Full Property Details for 16 Mihalyo Rd
General
- Price: $1,288,000
- Status: Active
- Type: Lots/Land
- MLS ID: LG22183104
- Updated: 3/22/2024
- Days on Market: 594 days
- Added to Site: 594 day(s) ago
Location
- Area: 335 - Cathedral City North
- County: Riverside
- Development Name: 335 - Cathedral City North
- Subdivision: Other (OTHR)
- Driving 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.
- Dist. to Beach: 1000 (Miles)
Utilities
- Sewer: None
- Water District: Coachella
- Water: None
- Dist. to Water: 1000
- Utility Description: None, See Remarks, Sewer Not Available
Lot Features
- Property View: Desert, Mountain(s), Neighborhood, Panoramic, See Remarks
- Lot Size (Acres): 5
- Lot Size (Sq. Ft.): 217,800
- Lot Size Source: Assessor
- Lot Dimensions: 338 x 660
- Ingress/Egress: Mihalyo Rd
- Zoning: MU-U
- Lot Description: Biking, Hiking, Rural
- Fencing (Description): None
Financial Considerations
- Price Per Sq. Ft.: $5.91
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Re/Max One, Shawn Smithson
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Price & Sales History for 16 Mihalyo Rd
Date
Details
Price
Change
Source
9/25/2022
Listed
$1,288,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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16 Mihalyo Road, Cathedral City, CA 92240 (MLS# LG22183104) is a Lots/Land property with a lot size of 5.0000 acres. 16 Mihalyo Road is currently listed for $1,288,000 and was received on September 25, 2022. Want to learn more about 16 Mihalyo Road? Do you have questions about finding other Lots/Land real estate for sale in Cathedral City South? You can browse all Cathedral City South real estate or contact a Coldwell Banker agent to request more information.