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Bob Hope Drive Dr - 2.91 AC Retail Site - Bob Hope Dr.

2.91 Acres of Commercial Land Offered at £2,761,500 in Rancho Mirage, CA 92270

Investment Highlights

  • This 2.91 acre site has direct access to the 10 freeway.
  • The site is zoned Regional Interstate Commercial, which allows for a variety of retail and service uses.
  • Ground Lease rate for gas station or car wash is $250,000
  • Across from the Agua Caliente Resort and Casino, with 1.5 million visits per year.
  • For Lease or Sale asking price is $3,500,000
  • Ground Lease rate for Fast Food is $175,000

Executive Summary

FOR SALE OR LEASE:
-Asking price is $3,500,000
- Ground Lease rate for gas station or car wash is $250,000
- Ground Lease rate for Fast Food is $175,000
- The site is zoned Regional Interstate Commercial, which allows for a variety of retail and service uses.

Property Facts

Price £2,761,500
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Service Station
Total Lot Size 2.91 AC
Cross Streets Ramon Road

1 Lot Available

Lot

Price £2,761,500
Price Per AC £948,969
Lot Size 2.91 AC

FOR SALE OR FOR LEASE: This 2.91 acre site is between the 10 freeway (110,000 CPD) and Agua Caliente Resort and Casino, with 1.5 million visits per year. The site is zoned Regional Interstate Commercial, for a variety of retail/ service uses.

Description

FOR SALE OR LEASE: This 2.91 acre site is between the 10 freeway (110,000 CPD) and Agua Caliente Resort and Casino, with 1.5 million visits per year. The site is zoned Regional Interstate Commercial, which allows for a variety of retail and service uses. Rancho Mirage is conveniently accessible to major metropolitan areas: 110 miles east of Los Angeles, 110 miles northeast of San Diego, and approximately 270 miles west of Phoenix. Asking price is $3,500,000, Ground Lease rate for gas station or car wash is $250,000, Ground Lease rate for Fast Food is $175,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
670-250-024
Land Assessment
£45,614
Improvements Assessment
£0
Total Assessment
£45,614

zoning

Zoning Code Y02 (Zoned Regional Interstate Commercial, which allows for a variety of retail and service uses.)
Y02 (Zoned Regional Interstate Commercial, which allows for a variety of retail and service uses.)
  • Listing ID: 32990137

  • Date on Market: 28/08/2024

  • Last Updated:

  • Address: Bob Hope Drive Dr, Rancho Mirage, CA 92270

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