Property profile

I-10 And Bob Hope Dr Rancho Mirage, CA 92270

OFF-MARKET
Land
67.14 ac lot
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Property summary

AI-generated overview

This exceptional 67.14-acre land parcel presents a prime mixed-use development opportunity in Rancho Mirage, California. Ideally situated adjacent to the Agua Caliente Casino and Resort, this fee-land property boasts a highly visible location off the I-10 and Bob Hope/Ramon Road interchange in Riverside County, zip code 92270. The property is part of the approved Section 19 Specific Plan, one of the last undeveloped parcels in Rancho Mirage, offering a unique zoning advantage. The "Mixed-Use Core," "Regional Mixed-Use," and "Residential" zoning designations allow for a blend of residential and commercial development, creating a vibrant community that integrates the charm of Rancho Mirage with the energy of the Agua Caliente Casino. This presents a rare chance to develop a distinctive living, working, and shopping experience in the heart of the desert. The property's strategic location and flexible zoning make it an exceptional investment for developers seeking a high-impact project in a desirable and affluent area. This is a truly unique opportunity to shape the future of Rancho Mirage.

Property profile

Verified
Property type Land
Lot 67.14 ac (2,924,618 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

I-10 And Bob Hope Dr Rancho Mirage, CA 92270
Rancho Mirage metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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