Description

Hard corner of Dinah Shore and Key Largo this 8 acre property sits at the border of Palm Desert and Rancho Mirage and is an excellent development site in one of the hottest areas in the valley.Located just off I-10 between Bob Hope and Monterey the site is eight acres at the corner of major arterial, Dinah Shore Drive, and future minor arterial and flyover across I-10, Key Largo Avenue. Dinah Shore is fully improved to a six-lane divided roadway and Key Largo is slated to expand and go all the way through to I-10. Sitting on the Rancho Mirage and Palm Desert border this property is strategically positioned to take advantage of the brisk residential market, the immediate trade area includes Section 19, Disney's Cotino, and Del Webb, which will be approximately 10,000 rooftops, both single family and multi family. This property will draw from Palm Desert, Cathedral City, and Rancho Mirage. The size and corner location are a natural neighborhood shopping center.Rancho Mirage is in prime position for new commercial development given its central location within the Coachella Valley. will soon be the home to Disney's new 618-acremaster planned development Cotino. The Coachella Valley just became home to Acrisure Arena an 11,000- seat, 250-million-dollar sports arena on the north side of the I-10 freeway and is located within 3 miles of the subject land.