Bob Hope Dr Rancho Mirage, CA 92270
- Land
- 2.91 lot acres
Current Use by Public Records
- Land
Property Details for 0 Bob Hope Dr
- Lot size
- 2.91 lot acres
- Property type
- Land
Description
Exceptional investment opportunity: a 2.91-acre commercial land parcel in Rancho Mirage, California, is available for sale. Strategically located between the 10 Freeway ( boasting 110,000 cars per day) and the Agua Caliente Resort and Casino (attracting 1.5 million visitors annually), this property presents significant potential for various retail and service businesses. The site is zoned Regional Interstate Commercial, offering flexibility in development options. Its prime location provides convenient access to major metropolitan areas, including Los Angeles (110 miles west), San Diego (110 miles southwest), and Phoenix (approximately 270 miles east). The property's Assessed Parcel Number (APN) is 670250024. The asking price is $3,500,000. Ground lease options are also available, with rates set at $250,000 annually for a gas station or car wash and $175,000 annually for a fast-food establishment. This high-traffic location and versatile zoning make this a truly exceptional opportunity for investors seeking a strong return on investment in a thriving Southern California market. The address is 0 Bob Hope Dr, Rancho Mirage, CA 92270.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rancho Mirage
- County
- Riverside
- State
- California
- Longitude
- -116.432
- Latitude
- 33.8162
