69930 Ca-111, Rancho Mirage, CA 92270
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.