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

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8.7 Ac Hwy 111 & Mirage Rd is located in Rancho Mirage, CA.

The affluent community of Rancho Mirage, nicknamed the "Playground to the Presidents," is located in the center of Southern California's rapidly growing Coachella Valley. Its convenient access to Interstate-10 and the Palm Springs International Airport allows for tourism within the entire Southern California region and around the world. Tourism is attracted to the Palm Springs area by its popular destinations, renowned golf courses and luxury resorts. The domestic economy is supported by the extremely strong baby boomer generation retiring in Rancho Mirage which contributes to the growth and wealth within the city. Tourism, traffic counts, affluent demographics, and visibility on the Hwy 111 corridor enable the development of high end retail and boutique hotel and spa.

Features:

200 plus Suite Resort Hotel Proposed

Additional land available for a high end 229,032 s/f commercial retail development (expired Development Agreement on 05/2014)

Fully improved offsite improvements on Hwy 111

Prime location at the heart of Rancho Mirage, 3.1 miles from The Ritz-Carlton

Crown Jewel of Rancho Mirage, one of the last Highway 111 frontage property in the city of Rancho Mirage.