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    72-116 Highway 111 Rancho Mirage, CA 92270

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    For Lease
    $1.50 SF/Yr ($1,360 /Mo)

    Retail space in Rancho Mirage with distinctive architecture and parking.

    Property size:
    10,880 SF
    Lot size:
    10,880 SF

    Property Features for 72-116 Highway 111

    General Information

    Size
    10,880 SF

    Source: Shawna Strange Agent Shawna Strange

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

    Overview

    Rancho Mirage Retail Space Available

    This retail building, located on Highway 111 in Rancho Mirage, California, features distinctive architecture, high ceilings, and well-maintained common areas. The property offers covered parking in the rear. It is situated in close proximity to The River and Desert Crossing Shopping Center, as well as numerous other retailers. The property has a size of 10880 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -116.4462841
    Latitude
    33.7713177

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    FAQs

    What type of property is this?
    Retail space - Retail space in Rancho Mirage with distinctive architecture and parking.
    Where is this retail space located?
    The property is located at 72-116 Highway 111 Rancho Mirage, CA.
    What is the lease rate?
    The lease rate is $1.50 SF/Yr.
    What are key features of this property?
    This property features: - Excellent location on Highway 111 in Rancho Mirage; - Close proximity to The River shopping center; - Close proximity to Desert Crossing Shopping Center
    (760) 346-2533
    Request Owner's contact information
    72-116 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
    72-116 Highway 111 Rancho Mirage, CA 92270
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