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Rancho Mirage Development Opportunity
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Highway 111 & Frank Sinatra, Rancho Mirage, CA 92270

Highway 111 frontage development property in Rancho Mirage.

Property SizeContact for details
Days on Market1828

Property Features for Highway 111 & Frank Sinatra

General Information

Standard status Active
Property subtype Land
Zoning C-G (General Commercial)
Listing Agency: Desert Pacific Properties Inc
Listed By: Susan Harvey · License #CA 00957590
Source: Crexi
Added: Aug 20, 2021 Changed: Aug 17 Last Checked: Aug 19 at 12:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Desert Pacific Properties Inc

Investment Insights

Based on property information with market context.

This property, fronting Highway 111 with signalized access, is located in Rancho Mirage. It is one of the last Highway 111 frontage development properties in the city. The location is adjacent to Rancho Mirage City Hall, the Ritz-Carlton Hotel, Sunnylands International Retreat, Agua Caliente Casino, Rancho Mirage Amphitheater, and numerous high-end country clubs. The property was previously approved for a 100-room four-story hotel, 21,200 square feet of commercial/retail space, and a 35-unit condominium.

Key Highlights

  • Prime location on Hwy 111 in Rancho Mirage with signalized access.
  • Previously approved for a large development project including a 100‑room hotel, retail space, and 35 condos.
  • One of the last Highway 111 frontage development properties in Rancho Mirage.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby

Demographics for 92270, CA

16,999
Population
14,936
Households
1.1
Avg Household Size
66
Median Age
47%
College-Educated
95%
High-School Grad
25.6 sq mi
ZIP Area
664
Density / Sq Mi
$109,943
Median Household Income
$60,084
Median Earnings
$1,575
Median Rent
$747,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Highway 111 frontage development property in Rancho Mirage.
Where is this commercial land located?
The property is located at Highway 111 & Frank Sinatra Rancho Mirage, CA.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: Prime location on Hwy 111 in Rancho Mirage with signalized access.; Previously approved for a large development project including a 100‑room hotel, retail space, and 35 condos.; One of the last Highway 111 frontage development properties in Rancho Mirage.
(760) 360-8200 Call to check price and availability
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