Property profile

70265 Ca-111 Rancho Mirage, CA 92270

OFF-MARKET
Land
4.72 ac lot
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Property summary

AI-generated overview

This exceptional 4.72-acre commercial land parcel presents a remarkable investment opportunity in the desirable Rancho Mirage, California market. Located at 70265 Highway 111, this property boasts a prime location and is zoned C-G Commercial General, allowing for a diverse range of development possibilities. The zoning permits both retail and office/medical uses, providing flexibility for a variety of commercial ventures. The expansive lot size offers ample space for substantial construction, making it ideal for large-scale projects or the development of multiple buildings. With its strategic location and versatile zoning, this property is poised for significant growth and return on investment. The property's address is 70265 CA-111, Rancho Mirage, CA 92270, within Riverside County. The Assessor's Parcel Numbers (APN) are 689-210-019 and 689-210-021. The asking price for this exceptional opportunity is $3,600,000. This is a rare chance to acquire a substantial commercial land holding in a thriving California market. Don't miss this chance to secure a prime piece of Rancho Mirage real estate.

Property profile

Verified
Property type Land
Lot 4.72 ac (205,603 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

70265 Ca-111 Rancho Mirage, CA 92270
Rancho Mirage metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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