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Hwy 111 1.21 Acres of Commercial Land Offered at $1,400,000 in Rancho Mirage, CA 92270



INVESTMENT HIGHLIGHTS
- Highway 111 Frontage
- Central Valley Location
- Improved Parcel
- Adjacent to Well-Established Business Park
- Rancho Mirage Address
- Ample Parking
EXECUTIVE SUMMARY
Previously Approved for Two (2) Two-Story Office Buildings Totaling Over 15,000 SF
Seller Will Entertain Built-to-Suit or JV Opportunity
Seller Will Entertain Built-to-Suit or JV Opportunity
PROPERTY FACTS
| Price | $1,400,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Unknown |
| No. Lots | 1 | Total Lot Size | 1.21 AC |
| Property Type | Land | ||
| Zoning | PUDC | ||
| Price | $1,400,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Unknown |
| Total Lot Size | 1.21 AC |
| Zoning | PUDC |
1 LOT AVAILABLE
Lot
| Price | $1,400,000 | Lot Size | 1.21 AC |
| Price Per AC | $1,157,024.79 |
| Price | $1,400,000 |
| Price Per AC | $1,157,024.79 |
| Lot Size | 1.21 AC |
Vacant land adjacent to the One Hawkeye Business Park. Seller has invested over $650,000 to improve and develop the site. Subject parcel is zoned for office.
DESCRIPTION
Vacant parcel has been improved and developed by the Seller. A partial list includes: Parking Lot, Utilities, Curbs/Gutters, Grading, Engineering and Water District Fees, etc.
1 1
PROPERTY TAXES
| Parcel Number | 689-040-014 | Improvements Assessment | $0 |
| Land Assessment | $976,440 | Total Assessment | $976,440 |
PROPERTY TAXES
Parcel Number
689-040-014
Land Assessment
$976,440
Improvements Assessment
$0
Total Assessment
$976,440
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Hwy 111
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