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Ca I-10 - 56.33 Prime Mixed Use Acres Hope Park North 56.33 Acres of Residential Land in Rancho Mirage, CA 92270

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INVESTMENT HIGHLIGHTS

  • PRIME MIXED-USE DEVELOPMENT OPPORTUNITY | WITHIN APPROVED SPECIFIC PLAN
  • VISIBLE & DESIRABLE LOCATION OFF I-10 & BOB HOPE/RAMON RD. INTERCHANGE
  • ADJACENT TO AGUA CALIENTE CASINO & HOTEL/RESORT | FEE-LAND PROPERTY (NOT TRIBAL)

EXECUTIVE SUMMARY

HOPE PARK/NORTH is a the first phase of the approved Section 19 Specific Plan and ideally situated directly adjacent to the Agua Caliente Casino in the affluent city of Rancho Mirage off the I-10 & Bob Hope/Ramon interchange. The subject property is one of the last undeveloped parcels within the city of Rancho Mirage. Additionally, it is also one of the most uniquely zoned parcels within the city. The zoning enables a developer to combine both residential and commercial units, integrating the small town feel of Rancho Mirage with the high energy Agua Caliente Resort and Casino. With the flexibly zoned “Mixed-Use Core” & “Regional Mixed-Use” & “Residential”, Section 19 represents an opportunity to bring a different style of living, working, and shopping to the desert. Departing from the low-scale resort- oriented development, the Section 19 Specific Plan can introduce a high-density mix of commercial, office, entertainment, hotel, and residential uses (up to 28 units per acre & 4-stories and possibly more), in the context of a master planned town center.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
  • Single Family Residence
Total Lot Size 56.33 AC
Cross Streets Bob Hope/Ramon

1 LOT AVAILABLE

Lot

Lot Size 56.33 AC

56.33 Prime Mixed Use Acres Hope Park North

DESCRIPTION

Departing from the low-scale resort- oriented development, the Section 19 Specific Plan can introduce a high-density mix of commercial, office, entertainment, hotel, and residential uses (up to 28 units per acre & 4-stories and possibly more), in the context of a master planned town center.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
685-010-009
Land Assessment
$4,543,431
Improvements Assessment
$0
Total Assessment
$4,543,431
  • Listing ID: 19521989

  • Date on Market: 5/12/2020

  • Last Updated:

  • Address: Ca I-10, Rancho Mirage, CA 92270

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