$2,300,000
For Sale

Hwy 111 & Magnesia Falls Dr

Rancho Mirage, CA 92270
1.88 acres | #219123774DA
Listing OfficeDesert Pacific Properties
Browse 3 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Two prime lots totaling 1.88 acres of commercial land with approximately 139 ft of frontage on the Coachella Valley's main east-to-west thoroughfare, Highway 111. Just 10 minutes to Downtown Palm Springs. 2.5 miles from Disney's Cotino, a luxury mixed-use community with homes, hotel, shopping, dining and entertainment. Sales office now open and experiencing a great deal of interest. Ideal location with the nearby Ritz-Carlton Hotel, Sunnylands International Retreat, Agua Caliente Casino, Rancho Mirage Amphitheater, Larry Ellison's Sensei Wellness Retreat, and numerous high end country clubs. Steps away from the River, Rancho Mirage's premier shopping, dining, and entertainment destination with tenants such as Dave & Buster's, Cinemark, Cheesecake Factory, Yardhouse, and more! Impressive Demographic and Traffic Counts.

  • Property Details
      • Utility FeaturesElectricityAvailable, SewerAvailable
      • ViewCityLights, Mountains, Panoramic
      • Lot DescriptionLandscaped, Level
      • SubdivisionNot Applicable-1
      • MLS #219123774DA
      • MLS #219123774DA
      • Original List Price$2,300,000
      • CountyRiverside
      • Property TypePurchase
      • Cost2300000
      • Acres1.88
      • Property SubtypeLand

Location

Paul FisherReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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