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)
Unimproved vacant land part of 59.34 ac 5 Peaks Development. Adjacent Parcel is an entitled site for a high end 229,032 SF commercial retail / spa development (expired 5/2014). Also available for sale
From the I10 going east, exit Bob Hope Drive. Travel right (south) on Bob Hope Drive to Hwy 111. On Hwy 111 turn right. Travel about 1 mile. The property is located on the SWC of Mirage Rd & Hwy 111. Directly across the Rancho Mirage Library.
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