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    Highway 111 Investment Opportunity
    Updated: Mar 6
    Highway 111 Investment Opportunity

    70020-70026 Highway 111, Rancho Mirage, CA 92270

    $4,500,000
    Prime location on Highway 111 in Rancho Mirage's Restaurant Row.
    Rare opportunity to purchase two contiguous properties.
    Both properties are 100% occupied.
    70020 Highway 111 has four tenants, including a Home Interior Store, Coin Shop, Coffee Shop, and a Residential Apartment.
    70026 Highway 111 is occupied by a Restaurant.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 1 Active listings in Rancho Mirage, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Palm Springs Retail Building For Sale
    Palm Springs Retail Building For Sale

    401 E Tahquitz Canyon Way, Palm Springs, CA 92262

    $2,500,000
    1.44 AC lot

    Fully occupied retail building near Palm Springs City Center.

    View details
    Street-Front Retail Center
    Street-Front Retail Center

    72261 Highway 111, Palm Desert, CA 92260

    $5,967,000

    Street-front retail on a major thoroughfare in the Coachella Valley, anchored by a daily needs retail center.

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    Anchor Box Retail Opportunity
    Anchor Box Retail Opportunity

    Palm Desert, CA 92211

    Contact for pricing

    Retail space with excellent visibility and monument signage available.

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    Downtown Pedestrian Retail Center
    Downtown Pedestrian Retail Center

    245-285 South Palm Canyon Drive, Palm Springs, CA 92262

    Contact for pricing

    Shopping center positioned at a signalized intersection with city-owned public parking behind and pedestrian access to tenants.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Lots in Cathedral City
    Residential Lots in Cathedral City

    68719500 9, Cathedral City, CA 92234

    $1,250,000
    0.84 AC lot

    Six residential lots available for development in Cathedral City, CA.

    View details
    Palm Springs Commercial Development Opportunity
    Palm Springs Commercial Development Opportunity

    2743 Indian Canyon Dr, Palm Springs, CA 92262

    $16,000,000
    10.08 AC lot

    10.08-acre Palm Springs parcel with commercial zoning.

    View details
    Mixed-Use Urban Land Parcel
    Mixed-Use Urban Land Parcel

    16 Mihalyo Road, Cathedral City, CA 92240

    $1,288,000
    5.00 AC lot

    Five-acre flat, rectangular commercial land parcel zoned MU-U with mountain and desert views.

    View details
    Commercial Vacant Land Off Highway-62
    Commercial Vacant Land Off Highway-62

    29 Palms Highway, Joshua Tree, CA 92252

    $75,000
    1.15 AC lot

    Vacant commercial land with Highway-62 frontage in unincorporated San Bernardino County.

    View details

    Off-Market Properties in Rancho Mirage, CA

    Consider similar Off-Market properties in Rancho Mirage, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    42500 Bob Hope Dr
    SHOPPING CENTER, STRIP CENTER

    42500 Bob Hope Dr, Rancho Mirage, CA 92270-4429

    $955,000
    Estimated value
    8,607 sqft 1.34 AC lot
    View details
    42440 Bob Hope Dr
    SHOPPING CENTER, STRIP CENTER

    42440 Bob Hope Dr, Rancho Mirage, CA 92270-4439

    $890,000
    Estimated value
    8,255 sqft 0.29 AC lot
    View details
    42452 Bob Hope Dr
    SHOPPING CENTER, STRIP CENTER

    42452 Bob Hope Dr, Rancho Mirage, CA 92270-4435

    $940,000
    Estimated value
    8,425 sqft 0.42 AC lot
    View details
    42390 Bob Hope Dr
    SHOPPING CENTER, STRIP CENTER

    42390 Bob Hope Dr, Rancho Mirage, CA 92270-4476

    $785,000
    Estimated value
    7,806 sqft 0.26 AC lot
    View details
    42410 Bob Hope Dr
    SHOPPING CENTER, STRIP CENTER

    42410 Bob Hope Dr, Rancho Mirage, CA 92270-4447

    $1,055,000
    Estimated value
    9,648 sqft 0.33 AC lot
    View details
    71800 Hwy 111
    REGIONAL SHOPPING CENTER, MALL

    71800 Hwy 111, Rancho Mirage, CA 92270-4492

    $4,905,000
    Estimated value
    45,222 sqft 9.36 AC lot
    View details
    71800 Hwy 111
    REGIONAL SHOPPING CENTER, MALL

    71800 Hwy 111, Rancho Mirage, CA 92270-4492

    Value Estimation by Request
    5.15 AC lot
    View details
    71800 Hwy 111
    REGIONAL SHOPPING CENTER, MALL

    71800 Hwy 111, Rancho Mirage, CA 92270-4492

    $4,535,000
    Estimated value
    44,823 sqft 12.07 AC lot
    View details
    42390 Bob Hope Dr
    MINI-MALL

    42390 Bob Hope Dr, Rancho Mirage, CA 92270-4469

    Value Estimation by Request
    View details
    42380 Bob Hope Dr
    MINI-MALL

    42380 Bob Hope Dr, Rancho Mirage, CA 92270-4469

    Value Estimation by Request
    View details
    42474 Bob Hope Dr
    MINI-MALL

    42474 Bob Hope Dr, Rancho Mirage, CA 92270-4470

    Value Estimation by Request
    View details
    42370 Bob Hope Dr
    MINI-MALL

    42370 Bob Hope Dr, Rancho Mirage, CA 92270-4469

    Value Estimation by Request
    View details
    42430 Bob Hope Dr
    MINI-MALL

    42430 Bob Hope Dr, Rancho Mirage, CA 92270-4470

    Value Estimation by Request
    View details
    72060 Hwy 111
    SHOPPING CENTER, STRIP CENTER

    72060 Hwy 111, Rancho Mirage, CA 92270-4950

    $530,000
    Estimated value
    0.94 AC lot
    View details
    72014 Hwy 111
    SHOPPING CENTER, STRIP CENTER

    72014 Hwy 111, Rancho Mirage, CA 92270-4928

    Value Estimation by Request
    1.44 AC lot
    View details
    40101 Monterey Ave
    SHOPPING CENTER, STRIP CENTER

    40101 Monterey Ave, Rancho Mirage, CA 92270-3258

    $560,000
    Estimated value
    5,090 sqft 0.33 AC lot
    View details
    71626 Hwy 111
    SHOPPING CENTER, STRIP CENTER

    71626 Hwy 111, Rancho Mirage, CA 92270-4482

    $3,930,000
    Estimated value
    25,211 sqft 2.57 AC lot
    View details
    40101 Monterey Ave, Unit B
    SHOPPING CENTER, STRIP CENTER

    40101 Monterey Ave, Rancho Mirage, CA 92270-3261

    Unit B
    $540,000
    Estimated value
    4,500 sqft 0.80 AC lot
    View details
    40101 Monterey Ave, Unit F
    SHOPPING CENTER, STRIP CENTER

    40101 Monterey Ave, Rancho Mirage, CA 92270-3261

    Unit F
    $715,000
    Estimated value
    6,200 sqft 1.84 AC lot
    View details

    Rancho Mirage, CA Shopping Centers Market Trends and Statistics

    Explore 20 shopping centers for sale in Rancho Mirage, CA on our real estate platform.

    Sale prices for plazas in Rancho Mirage, CA average $4,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 4
    Banks 1
    Showrooms 1

    Demographics Overview

    Population 17K
    Population Growth (5Y) -3.9%
    Median Household Income $109,943
    College Educated 69.6%

    High-Yield Neighborhoods for Investment

    Identify Rancho Mirage submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    92270 $4.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.38%
    Property Tax per SF $12.83 per SF
    Tax Rate vs County Average 0.21 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Riverside County

    New Delisted

    Total CRE Inventory on Market (SF)

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