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27160948
27160947

Bob Hope Dr, Rancho Mirage, CA 92270

Coldwell Banker Commercial Lyle & Associates
Listed by Coldwell Banker Commercial Lyle & Associates
$14,500,000
501 days on market
Updated 33 days ago

Desert Rose - AS#3

Details
APN 685-010-025; 685-010-018
Property Type Land
Sub Type Commercial
Acreage 34.010
Zoning Retail (SP 19)
Ownership Fee

Land | 34.01 acres

Marketing description

Parcel # 3 is located in the southwestern corner of rancho mirage's section 19 planning area, the property spans planning areas 1.01 and 1.02, which are the least intense areas in the section. These areas feature elevated topography and a maximum floor-area ratio (far) of 0.35–0.40. The property allows for low-density residential (planning area 1.01), medium to high-density residential (50 residential units) and mixed-use (planning area 1.02). Additionally, a boutique hotel with up to 150 rooms is planned as part of the lifestyle center (planning area 1.01). The site is situated at the intersection of dinah shore drive and bob hope drive, both of which are key corridors with high traffic volumes. Dinah shore drive sees approximately 16,709 vehicles per day, and bob hope drive experiences 15,465 vehicles per day, providing excellent visibility and accessibility

148.93 acres of raw mixed-use land encompassing the majority of rancho mirage's section 19 specific plan.

Comp report available upon request

Investment highlights

  • Retail\resort flex\mixed-use core\regional mixed-use\residential (specific plan 19)
  • Yellow - dessert rose assemblage sale
  • Gray - city owned/unlisted land
  • Green - available (outside brokerage)
  • Red - tribal land
  • Retail (SP 19)
  • APNs 685-010-025 & 685-010-018
  • Comps Avg:$11.62/PSF

Listing Contacts

Coldwell Banker Commercial Lyle & Associates
Listed by Coldwell Banker Commercial Lyle & Associates

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