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    OFF-MARKET
    Land

    69930 Ca-111, Rancho Mirage, CA 92270

    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial land offering presents two fully improved pads totaling approximately 15,000 to 35,000 square feet, ideally suited for a variety of development opportunities. Located on Highway 111 in Rancho Mirage, California, this prime property boasts excellent visibility and accessibility. The two pads are available for sale individually or together, presenting a flexible investment opportunity. Pad one, with APN 689-040-025, encompasses approximately 0.37 acres and is priced at $675,000. Pad two, APN 689-040-026, comprises approximately 0.72 acres and is listed at $575,000. The combined asking price for both pads is $1,250,000. This location in Riverside County, zip code 92270, offers significant potential for office, medical, retail, or restaurant development. The property's strategic placement along a major thoroughfare ensures high traffic volume and strong visibility, making it an attractive investment for both developers and businesses seeking a prominent location in Rancho Mirage. The addresses are 69930 CA-111 and 69932 CA-111. This fee-simple ownership opportunity provides a rare chance to acquire a well-positioned commercial property in a thriving California market.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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