Financial
Distress signals
Property profile

72067 Highway 111 Rancho Mirage, CA 92270

FOR LEASE
Retail space
Property ID
US10-2879347
4,587 SF 0.23 ac lot Built 1974
Last sale Dec 2021 · $1,100,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 4,587-square-foot retail/commercial building in Rancho Mirage, located on Highway 111. It has a mid-century modern design with a prominent staircase, designer finishes, and floor-to-ceiling windows. The interior layout includes a lobby/showroom area, four offices, three restrooms, and a kitchenette/breakroom. The building is positioned near The River Rancho Mirage, a dining, entertainment, and retail center, and it has access to the surrounding Desert Cities area; the adjacent

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$15k
Tax billed · 2024
Assessed value$1.14M
Assessed land$229k
Assessed improvement$916k
Effective rate1.29%

Value estimate

· Sep 2026
$1.07M
$959k – $1.17M
AI approach$1.12M
CAP approach$1.01M
NOI build-up
Gross scheduled income$99k
Vacancy & credit loss−$5k
Operating expenses−$28k
NOI · 2,155,704.92% cap applied$66k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$331/SF
County average, outlier-cleaned · 927 recorded sales of this use type
Observed band · Q1–Q3$163 – $593
Qualifying comparables10

Cap rate analysis

How does the asset earn?
2,155,704.92%
$66k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PUDC
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.4
HVAC Service9.4
Convenience Store9.2

Location

72067 Highway 111 Rancho Mirage, CA 92270
County assessor Recorded deeds · 10 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
70065 Hwy 111, Rancho Mirage, CA 92270-2998 $1,350,000 Oct 2023 6,050 SF
72111 Hwy 111, Rancho Mirage, CA 92270-4962 $1,695,000 Oct 2022 5,698 SF
72037 Dinah Shr, Rancho Mirage, CA 92270-1789 $1,950,000 Dec 2021 6,068 SF
72027 Hwy 111, Rancho Mirage, CA 92270-4942 $2,300,000 Jun 2021 6,435 SF
72098 Hwy 111, Rancho Mirage, CA 92270-4917 $1,100,000 Dec 2020 4,665 SF
71939 Hwy 111, Rancho Mirage, CA 92270-4848 $1,750,000 Jul 2019 3,475 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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