& Frank Sinatra Monterey Ave Palm Desert, CA 92270
- Land
- 17.16 lot acres
Current Use by Public Records
- Land
Property Details for & Frank Sinatra Monterey Ave
- Lot size
- 17.16 lot acres
- Property type
- Land
Description
This exceptional 17.16-acre commercial development site presents a unique investment opportunity in the heart of Rancho Mirage, California. Located at the intersection of Monterey Avenue and Frank Sinatra Drive, this property boasts unparalleled visibility and accessibility, with nearly half a mile of frontage on Monterey Avenue, one of the Coachella Valley's busiest thoroughfares. The site is zoned for General Commercial use, offering a wide range of development possibilities. Its strategic location directly across from Disney's Storyliving community, Cotino—a luxury mixed-use development featuring homes, a hotel, shopping, dining, entertainment, and a 24-acre Crystal Lagoon—provides immediate access to a substantial and affluent consumer base. Furthermore, the property's proximity to established landmarks such as the Marriott Shadow Ridge Golf Resort, Sunnylands (the renowned Presidential Retreat and Cultural Center), and Mission Hills Country Club (home of the Dinah Shore LPGA Golf Tournament) enhances its desirability and potential for significant return on investment. The property's APN is 685-220-008, and its location in Riverside County, CA, zip code 92270, offers easy access to major transportation arteries and amenities. This is a rare chance to acquire a premier commercial land parcel in one of Southern California's most sought-after locations. The asking price for this exceptional property is $9,000,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Desert
- County
- Riverside
- State
- California
- Longitude
- -116.391
- Latitude
- 33.7726
