42414 Rancho Mirage Lane

Positioned in the heart of prestigious Rancho Mirage this 125acre commercial land assemblage presents a rare opportunity for investors developers and ownerusers seeking a strategic foothold within one of the Coachella Valleys most affluent and established markets Located just steps from Highway 111 the site offers exceptional visibility convenient access and proximity to major retail medical hospitality and entertainment destinations The property consists of six contiguous parcels and is zoned CG General Commercial allowing for a variety of commercial medical office hospitality and mixeduse development opportunities subject to city approvals Sold AsWhereIs 4246242414 Rancho Mirage Lane presents a rare opportunity to acquire a multiproperty commercial portfolio in the heart of Rancho Mirage Located directly across from The River at Rancho Mirage and just steps from Hwy 111 the portfolio benefits from exceptional visibility convenient access and one of the Coachella Valleys premier commercial locations The offering is available as two separate acquisition opportunities or as a combined portfolio 4246242414 Rancho Mirage Lane 1437000 One APN 684255018 approx 41 AC Lot this parcel is improved with two existing standalone buildings 5771squarefoot providing flexibility for ownerusers investors or future redevelopment Adjacent Development Land 798000 Five contiguous commercial lots immediately adjacent to the improved property totaling approximately 83 acres presenting a rare opportunity to expand an existing campus or undertake a largerscale development in a highly constrained market Surrounded by premier retail dining entertainment hospitality and residential communities the property enjoys strong traffic exposure and immediate access to many of the Coachella Valleys most desirable destinations With mountain views flexible commercial zoning and a strategic location between Palm Desert and Palm Springs the portfolio offers exceptional longterm value Offered AsIs WhereIs this is one of the last remaining opportunities to acquire a significant commercial land assemblage within the prestigious Magnesia Falls area Whether repositioned as professional office space a medical or corporate campus a mixeduse development or a future redevelopment project this portfolio presents a compelling investment opportunity in Rancho Mirage