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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
    See what stands out in Riverside County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    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.

    Inline Retail Suite with Corner Visibility
    Inline Retail Suite with Corner Visibility

    72990 El Paseo, Palm Desert, CA 92260

    Contact for pricing
    1,508 sqft

    Rare inline retail suite in a shopping center with 360-degree visibility and extensive storefront parking.

    View details
    Street-Front Shopping Center
    Street-Front Shopping Center

    72261 Highway 111, Palm Desert, CA 92260

    $5,967,000

    Central air conditioning serves this retail property along a prominent commercial corridor.

    View details
    Shopping Center With Grocery Anchor
    Shopping Center With Grocery Anchor

    1733 Palm Canyon Drive, Palm Springs, CA 92264

    Contact for pricing
    408 sqft

    Retail and office suites are available within a neighborhood commercial center serving multiple business uses.

    View details
    Grocery-Anchored Neighborhood Shopping Center
    Grocery-Anchored Neighborhood Shopping Center

    1775 Palm Canyon Drive, Palm Springs, CA 92264

    Contact for pricing
    710 sqft

    Retail and office suites are available within a grocery-anchored center serving an established neighborhood.

    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
    Mixed-Use Commercial Land
    Mixed-Use Commercial Land

    16 Mihalyo Road, Cathedral City, CA 92240

    $1,288,000
    5.00 AC lot

    Flat, rectangular parcel carries MU-U mixed-use urban commercial zoning.

    View details
    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    29 Palms Highway, Joshua Tree, CA 92252

    $75,000
    1.15 AC lot

    Vacant commercial parcel along 29 Palms Highway near public-sector and medical facilities in Joshua Tree.

    View details
    Level Commercial Land with Dual Street Access
    Level Commercial Land with Dual Street Access

    E Commonweaith Avenue, San Jacinto, CA 92583

    $1,600,000
    3.23 AC lot

    General Commercial land offering a mostly level, partially fenced site with paved streets along both sides.

    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

    Estimated value:
    $955,000
    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

    Estimated value:
    $890,000
    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

    Estimated value:
    $940,000
    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

    Estimated value:
    $785,000
    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

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

    71800 Hwy 111, Rancho Mirage, CA 92270-4492

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

    71800 Hwy 111, Rancho Mirage, CA 92270-4492

    Estimated value:
    $365,000
    5.15 AC lot
    View details
    71800 Hwy 111
    REGIONAL SHOPPING CENTER, MALL

    71800 Hwy 111, Rancho Mirage, CA 92270-4492

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

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

    Estimated value:
    $445,000
    View details
    42380 Bob Hope Dr
    MINI-MALL

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

    Estimated value:
    $480,000
    View details
    42474 Bob Hope Dr
    MINI-MALL

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

    Estimated value:
    $470,000
    View details
    42370 Bob Hope Dr
    MINI-MALL

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

    Estimated value:
    by Request
    View details
    42430 Bob Hope Dr
    MINI-MALL

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

    Estimated value:
    $475,000
    View details
    72060 Hwy 111
    SHOPPING CENTER, STRIP CENTER

    72060 Hwy 111, Rancho Mirage, CA 92270-4950

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

    72014 Hwy 111, Rancho Mirage, CA 92270-4928

    Estimated value:
    $465,000
    1.44 AC lot
    View details
    40101 Monterey Ave
    SHOPPING CENTER, STRIP CENTER

    40101 Monterey Ave, Rancho Mirage, CA 92270-3258

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

    71626 Hwy 111, Rancho Mirage, CA 92270-4482

    Estimated value:
    $3,930,000
    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
    Estimated value:
    $540,000
    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
    Estimated value:
    $715,000
    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
    Showrooms 2
    Automotive properties 1
    Banks 1
    Car washes 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 $7M

    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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