Crossley Rd - OPPORTUNITY ZONE HIGH DENSITY MF | 29 ACRES 29.41 Acres of Residential Land in Cathedral City, CA 92234

INVESTMENT HIGHLIGHTS

  • High Density Residential & Affordable Multi-Family

EXECUTIVE SUMMARY

Previous Entitlements: 294 Total Units (198 Townhomes & 96 Condominiums), [New Density Increase would bring unit count to a total of 588 units minimum.]
CONTACT BROKER FOR PRICE

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Industrial
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Community Center
  • Hold For Development
  • Hold For Investment
  • Industrial Park
  • Office Park
  • Open Space
  • Self Storage
  • Single Family Residence
Total Lot Size 29.41 AC
Cross Streets Sarah St
Opportunity Zone Yes

1 LOT AVAILABLE

Lot

Lot Size 29.41 AC

WITHIN QUALIFIED OPPORTUNITY ZONE! SIGNIFICANT TAX BENEFITS! RARE WELL-LOCATED PROPERTY. General Plan Land High Density Residential (20–24 du/acre), Affordable MF, & Potential BFR *Buyer to Verify Potential Uses With City.

DESCRIPTION

“CIMARRON RIDGE” is situated nearly adjacent to the city limits of Palm Springs, 3.5 miles to downtown Palm Springs (straight down Ramon Rd.), and near the Destination Ramon (Walmart) Shopping Center.

PROPERTY TAXES

ZONING

Zoning Code R-2
  • Listing ID: 12223230

  • Date on Market: 4/11/2018

  • Last Updated:

  • Address: Crossley Rd, Cathedral City, CA 92234