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    72067 Highway 111 Rancho Mirage, CA 92270

    For Sale
    $2,249,900

    Iconic mid-century modern building on Highway 111 in Rancho Mirage.

    Property size:
    4,587 SF
    Lot size:
    0.23 Acres

    Property Features for 72067 Highway 111

    General Information

    Size
    4,587 SF
    Lot size
    0.23 Acres

    Source: Desert Pacific Properties Agent Susan Harvey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rancho Mirage Retail/Commercial Building

    This 4,587 square foot retail/commercial building is located on Highway 111 in Rancho Mirage. The property features a mid-century modern design with a grand staircase, designer finishes, and floor-to-ceiling windows. The layout includes four offices, a lobby/showroom, three restrooms, and a kitchenette/breakroom. The location offers easy access to all Desert Cities and is near The River Rancho Mirage, a dining, entertainment, and retail center. The average daily traffic count on the adjacent retail corridor is 78,733 cars. The property's design and location make it suitable for a builder/designer use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Dental Office Hair Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rancho Mirage
    County
    Riverside
    State
    California
    Longitude
    -116.4073659
    Latitude
    33.7341529

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    FAQs

    What type of property is this?
    Office building - Iconic mid-century modern building on Highway 111 in Rancho Mirage.
    Where is this office building located?
    The property is located at 72067 Highway 111 Rancho Mirage, CA.
    What is the asking price?
    The asking price for this property is $2,249,900.
    What are key features of this property?
    This property features: - Iconic mid-century modern architectural design with grand staircase and floor-to-ceiling windows.; - High-traffic location on Highway 111 in Rancho Mirage, with 78,733 cars per day.; - 4,587 SF retail/commercial space suitable for builder/designer use.
    (760) 250-8992
    Request Owner's contact information
    72067 Highway 111 Rancho Mirage, CA 92270
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    Rancho Mirage, CA 92270
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    72067 Highway 111 Rancho Mirage, CA 92270
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