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Monterey Ave - Previously Approved Medical Development Opp

9.16 Acres of Commercial Land Offered at $4,995,000 in Rancho Mirage, CA 92270

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Investment Highlights

Previously Entitled and Approved for 75,184 SF of Medical Office Space
Designed With Extensive Surface Parking (376 Spaces)

Easy Freeway Access — I-10 Freeway Adjacent to brand new Disney Cotino Development - currently under construction

Executive Summary

Monterey Medical Center is 9.16 acre site adjacent to the Disney Cotino Storyliving site which is currently under construction. This site was previously approved and entitled for 75,184 SF of Medical office space with an approved condo map. Great opportunity to capitalize on the Coachella Valley's underutilized medical office space market. Great opportunity for a large medical campus user or a building/lot sales program targeted towards local/mid-sized doctors. Frank Urrutia designed, attractive and elegant buildings alongside generous parking and landscaping. Call for more information 760-902-4550 or troy@kudproperties.com.

KUD - 9 Acres Monterey Brochure

Property Facts

Price	$4,995,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Office Medical
No. Lots	1	Total Lot Size	9.16 AC
Property Type	Land

Price	$4,995,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Office Medical
Total Lot Size	9.16 AC

1 Lot Available

Lot

Price	$4,995,000	Lot Size	9.16 AC
Price Per AC	$545,305.68

Price	$4,995,000
Price Per AC	$545,305.68
Lot Size	9.16 AC

9.16 acres currently in two parcels of 4.58 acres each.

Description

9.16 acre site adjacent to the Disney Cotino Storyliving site which is currently under construction. This site was previously approved and entitled for 75,184 SF of Medical office space with an approved condo map. Great opportunity to capitalize on the Coachella Valley's underutilized medical office space market. Great opportunity for a large medical campus user or a building/lot sales program targeted towards local/mid-sized doctors. Frank Urrutia designed, attractive and elegant buildings alongside generous parking and landscaping. Call for more information 760-902-4550 or troy@kudproperties.com.

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