8.7 Ac Hwy 111 & Mirage Rd, Rancho Mirage, CA 92270

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Paula T.

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Building Details:

8.7 Ac Hwy 111 & Mirage Rd is aland property for lease in Rancho Mirage, CA.

5 Peaks at Rancho Mirage - Hotel / Retail / Resort
* 8.7 ac site for a 200 plus Luxury Suite Resort Hotel
* Fully improved off-site improvements on Hwy 111
* Prime location at the heart of Rancho Mirage, 3.1 miles from The Ritz-Carlton
* Average household income of $131,718 in the immediate area
* Crown Jewel of Rancho Mirage on Hwy 111 frontage property in the City.
* Adjacent Parcel is an entitled site for a high end 229,032 SF commercial retail & spa development (expired 5/2014). Also available for sale
*Asking: $4,500,000 ($11.87 per sf)

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