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Dinah Shore Dr - 8 Acres - Corner of Dinah Shore and Key Largo

8.02 Acres of Commercial Land Offered at £2,998,200 in Rancho Mirage, CA 92270

Investment Highlights

  • Fastest growing area in the Valley
  • Easy 1-10 Access from Bob Hope and Monterey Ave
  • Adjacent to Disney's Cotino

Executive Summary

8.02 AC / 349,351 SF
APN: 685-090-010
Utilities to Site
593’ Dinah Shore Drive Street Frontage
Signalized Intersection SEC. Dinah Shore Drive & Key Largo Avenue
Zoned C.C. (Community Commercial)
Key Largo is scheduled to be extended to the north side of the I-10 freeway with an overpass.
Regionally accessible via the I-10 freeway with ramps on both Bob Hope Drive and Monterey Avenue.
Retailers at this intersection include Costco, Home Depot, Sam’s Club, Wal-Mart, Kohl’s, Ashley Furniture, PetsMart, and more.
Strong demographic characteristics in the surrounding area.

Property Facts

Price £2,998,200
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Community Centre
  • Neighborhood Centre
  • Supermarket
Total Lot Size 8.02 AC

1 Lot Available

Lot

Price £2,998,200
Price Per AC £373,841
Lot Size 8.02 AC

Hard corner of Dinah Shore and Key Largo this 8 acre property sits at the border of Palm Desert and Rancho Mirage and is an excellent development site in one of the hottest areas in the valley.

Description

Located just off I-10 between Bob Hope and Monterey the site is eight acres at the corner of major arterial, Dinah Shore Drive, and future flyover across I-10, Key Largo Avenue. Sitting on the Rancho Mirage and Palm Desert border this property is strategically positioned to take advantage of the brisk residential market, the immediate trade area includes Section 19, Disney's Cotino, and Del Webb, which will be approximately 10,000 rooftops, both single family and multi family. This property will draw from Palm Desert, Cathedral City, and Rancho Mirage.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
685-090-010
Land Assessment
£781,934
Improvements Assessment
£0
Total Assessment
£781,934

zoning

Zoning Code CC (Zoned C.C. (Community Commercial))
CC (Zoned C.C. (Community Commercial))
  • Listing ID: 30790434

  • Date on Market: 02/01/2023

  • Last Updated:

  • Address: Dinah Shore Dr, Rancho Mirage, CA 92270

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