42414 Rancho Mirage Lane, Rancho Mirage, California 92270
- $2,235,000
- $2,235,000
Overview
- Commercial Sale
- 1950
Description
Positioned in the heart of prestigious Rancho Mirage, this +/-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)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. 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 campus, a mixed-use development, or a future redevelopment project, this portfolio presents a compelling investment opportunity in Rancho Mirage.
Address
Open on Google Maps-
Address: 42414 Rancho Mirage Lane
-
City: Rancho Mirage
-
State/county: CA
-
Zip/Postal Code: 92270
-
Country: US
Details
Updated on July 2, 2026 at 4:59 pm-
Property ID 219149822DA
-
Price $2,235,000
-
Land Area 1.25 Acres
-
Year Built 1950
-
Property Type Commercial Sale
-
Property Status Active
Additional details
-
Listing Terms Cash
-
Utilities Electricity Available, Electricity Connected, Natural Gas Available
-
County Riverside
-
Property Type Commercial Sale
Features
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees