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    16 Mihalyo Rd Cathedral City, CA 92240

    For Sale
    $1,288,000

    Land/Lot - Cathedral City, CA

    Lot size:
    217,800.00 Acres
    Days on Market:
    1170
    Last Refresh:
    Dec 7 at 3:06 am

    Property Features for 16 Mihalyo Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MU-U
    APN
    660180016
    Exterior features
    Community Features Included: Biking, Hiking, Rural
    Lot size
    217,800.00 Acres

    Building Details

    Architectural style
    Other

    Re/Max One (818) 674-1745 [email protected]

    Listing agent Shawn Smithson (949) 204-2192 License #01706033

    Listing date Sep 25, 2022

    MLS# LG22183104 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Five Acres in Cathedral City

    This property features a flat, rectangular 5-acre lot in Cathedral City, Riverside County. The lot measures approximately 338 feet on the west and east sides and 660 feet on the north and south sides. It is zoned MU-U, or Mixed Use Urban, which allows for commercial use. The location is near Palm Drive, off the 111 Freeway exit, close to an Arco and Chevron gas station and a Jack in the Box restaurant. The property is positioned in an area experiencing commercial and residential growth, evidenced by the newly built Harborside Cannabis drive-thru on the other side of Palm Drive and several new home tracts on the south side of the Freeway. Palm Drive is located between Indian Canyon Drive to the west and Date Palm Drive to the east, off the 111 Freeway. Heading south on Palm Drive, it turns into North Gene Autry Trail, the main road to Palm Springs International Airport, the Palm Springs Tramway, and the Palm Springs Art Museum. Shopping is available at the Sunrise Vista Chino Albertsons Center, located just east of the airport. The school district for this area is Palm Springs, with Brightwood and Kaplan Colleges, Palm Springs High School, and charter and elementary schools all within minutes of the property. The lot offers mountain and desert views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Cathedral City
    County
    Riverside
    State
    California
    Longitude
    -116.496222
    Latitude
    33.881678

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    FAQs

    What type of property is this?
    Commercial land - Flat, rectangular lot near Palm Drive with commercial zoning.
    Where is this commercial land located?
    The property is located at 16 Mihalyo Rd Cathedral City, CA.
    What is the asking price?
    The asking price for this property is $1,288,000.
    What are key features of this property?
    This property features: - Large 5-acre lot with Mixed Use Urban (MU-U) / Commercial Zoning.; - Convenient location near Palm Drive and the 111 Freeway exit.; - Proximity to established businesses like Arco, Chevron, and Jack in the Box.
    (949) 204-2192
    Request Owner's contact information
    16 Mihalyo Rd Cathedral City, CA 92240
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    Cathedral City, CA 92240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16 Mihalyo Rd Cathedral City, CA 92240
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