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

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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

Cimarron Ridge 29 High Density Residential in Opportunity Zone Cathedral City FLYER (Hoffman)

Property Facts

Sale Type	Investment or Owner User	Proposed Use	Industrial Office Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Community Centre Hold For Development Hold For Investment Industrial Park Office Park Open Space Self Storage Single Family Residence
No. Lots	1	Total Lot Size	29.41 AC
Property Type	Land	Cross Streets	Sarah St
Property Subtype	Residential	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-2 - Commercial

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 Centre 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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-2 - Commercial

1 Lot Available

Lot

Lot Size	29.41 AC

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.