5 Peaks at Rancho Mirage - Hotel / Retail / Resort* 8.7 ac site for a 200 plus Luxury Suite Resort Hotel * Fully improved off-site improvements on Hwy 111* Prime location at the heart of Rancho Mirage, 3.1 miles from The Ritz-Carlton * Average household income of $131,718 in the immediate area* Crown Jewel of Rancho Mirage on Hwy 111 frontage property in the City. * Adjacent Parcel is an entitled site for a high end 229,032 SF commercial retail & spa development (expired 5/2014). Also available for sale *Asking: $4,500,000 ($11.87 per sf)Unimproved vacant land part of 59.34 ac 5 Peaks Development. Adjacent Parcel is an entitled site for a high end 229,032 SF commercial retail / spa development (expired 5/2014). Also available for sale* Taking Backup Offers