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Frank Sinatra Dr & Monterey Ave - Approved Site Plan for Hospitality & Retail 17.16 Acres of Commercial Land Offered at $9,000,000 in Rancho Mirage, CA 92270
INVESTMENT HIGHLIGHTS
- Hotel Site & Commercial Pads
- Excellent Exposure with nearly 1/2 mile of frontage on Monterey Ave
- Adjacent to Marriott Shadow Ridge Golf Resort with 424 units plus 93 recently approved single family homes
- Impressive traffic counts 30,000 cars per day
EXECUTIVE SUMMARY
- Across from Cotino, a Disney Storyliving luxury mixed use community development with homes, hotel, shopping, dining, entertainment and a 24-acre Crystal Lagoon
- Adjacent to Marriott Shadow Ridge Golf Resort with 424 units plus 93 recently approved single family homes
- Infill Commercial Development Site in the heart of the Coachella Valley adjacent to Marriott Shadow Ridge Golf Resort
- Exposure with nearly 1/2 mile of frontage on Monterey, one of the most traveled thoroughfares in the Coachella Valley
- Located near Sunnylands, the renowned Presidential Retreat and Cultural Center, and Mission Hills Country Club, home of the Dinah Shore LPGA Golf Tournament
- Adjacent to Marriott Shadow Ridge Golf Resort with 424 units plus 93 recently approved single family homes
- Infill Commercial Development Site in the heart of the Coachella Valley adjacent to Marriott Shadow Ridge Golf Resort
- Exposure with nearly 1/2 mile of frontage on Monterey, one of the most traveled thoroughfares in the Coachella Valley
- Located near Sunnylands, the renowned Presidential Retreat and Cultural Center, and Mission Hills Country Club, home of the Dinah Shore LPGA Golf Tournament
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $9,000,000 | Lot Size | 17.16 AC |
| Price Per AC | $524,475.52 |
| Price | $9,000,000 |
| Price Per AC | $524,475.52 |
| Lot Size | 17.16 AC |
Located at the fully-signalized, busy interesection of Monterey Avenue & Frant Sinatra Drive in prestigious Rancho Mirage
PROPERTY TAXES
| Parcel Number | 685-220-008 | Improvements Assessment | $0 |
| Land Assessment | $5,394,619 | Total Assessment | $5,394,619 |
PROPERTY TAXES
Parcel Number
685-220-008
Land Assessment
$5,394,619
Improvements Assessment
$0
Total Assessment
$5,394,619
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Frank Sinatra Dr & Monterey Ave - Approved Site Plan for Hospitality & Retail
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