42414 Rancho Mirage Lane,Rancho Mirage, CA 92270
Rancho Mirage, CA 92270
Description
Seller financing may be available to a qualified buyer. Financing terms are subject to seller approval, buyer qualification, and mutually agreeable terms. Positioned in the heart of prestigious Rancho Mirage, ithis +/-1.25-acre commercial land assemblage presents a rare opportunity for investors, developers, and owner-users seeking a strategic foothold within one of the Coachella Valley's most affluent and established markets. Located just steps from Highway 111, the site offers exceptional visibility, convenient access, and proximity to major retail, medical, hospitality, and entertainment destinations. The property consists of six contiguous parcels and is zoned C-G (General Commercial), allowing for a variety of commercial, medical, office, hospitality and mixed-use development opportunities (subject to city approvals). Sold As-Where-Is. 42462-42414 Rancho Mirage Lane presents a rare opportunity to acquire a multi-property commercial portfolio in the heart of Rancho Mirage. Located directly across from The River at Rancho Mirage and just steps from Hwy 111, the portfolio benefits from exceptional visibility, convenient access, and one of the Coachella Valley's premier commercial locations. The offering is available as two separate acquisition opportunities or as a combined portfolio: 42462-42414 Rancho Mirage Lane -- $1,437,000 One APN 684-255-018 (approx. .41 AC Lot) this parcel is improved with two existing standalone buildings +/-5771-square-foot providing flexibility for owner-users, investors, or future redevelopment. Sewer recently connected. Adjacent Development Land -- $798,000 Five contiguous commercial lots immediately adjacent to the improved property, totaling approximately +/-.83 acres, presenting a rare opportunity to expand an existing campus or undertake a larger-scale development in a highly constrained market. Surrounded by premier retail, dining, entertainment, hospitality, and residential communities, the property enjoys strong traffic exposure and immediate access to many of the Coachella Valley's most desirable destinations. With mountain views, flexible commercial zoning, and a strategic location between Palm Desert and Palm Springs, the portfolio offers exceptional long-term value. Offered As-Is, Where-Is, this is one of the last remaining opportunities to acquire a significant commercial land assemblage within the prestigious Magnesia Falls area. Whether repositioned as professional office space, a medical or corporate cam
Details
| MLS # | 219149822DA |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 123 |
| Listing Provided By | Meade Commercial Inc. | Kate Rust |
Features
| Story(s) | 1 |
|---|---|
| Building(s) | 2 |
| Acreage | 1.25 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | No |
Exterior
| Lot Features | Lot Over40000Sqft |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Available |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Rancho Mirage |
| Zip Code | 92270 |
| Area | 321 Rancho Mirage |
| Listing VS Median (in 92270) | |
Price: $2,235,000 low | high Med: $625,000 On site: 123 low | high Med: 30 | |
Market Activity 92270
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Rancho Mirage |
| Zip Code | 92270 |
| Area | 321 Rancho Mirage |
| Listing VS Median (in 92270) | |
Price: $2,235,000 low | high Med: $625,000 On site: 123 low | high Med: 30 | |
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