42414 Rancho Mirage Lane, Rancho Mirage, CA 92270 (MLS# 219149822)

42414 Rancho Mirage Lane, Rancho Mirage, CA 92270

$2,235,000

Property Type: Commercial Sale Square Footage: 5,771 Lot Size (sq. ft.): 54,450 Status: Active

Current Price: $2,235,000 List Date: 7/01/2026 Last Modified: 9/10/2026

Overview

Description

Positioned in the heart of prestigious Rancho Mirage, this ±1.25-acre commercial land assemblage presents a rare opportunity for investors, developers, and owner-users seeking a strategic foothold within one of the Coachella Valley's 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 C-G (General Commercial), allowing for a variety of commercial, medical, office, hospitality and mixed-use development opportunities (subject to city approvals). Sold As-Where-Is. 42462-42414 Rancho Mirage Lane presents a rare opportunity to acquire a multi-property 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 ... (Read more) Positioned in the heart of prestigious Rancho Mirage, this ±1.25-acre commercial land assemblage presents a rare opportunity for investors, developers, and owner-users seeking a strategic foothold within one of the Coachella Valley's 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 C-G (General Commercial), allowing for a variety of commercial, medical, office, hospitality and mixed-use development opportunities (subject to city approvals). Sold As-Where-Is. 42462-42414 Rancho Mirage Lane presents a rare opportunity to acquire a multi-property 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 Valley's premier commercial locations. The offering is available as two separate acquisition opportunities or as a combined portfolio: 42462-42414 Rancho Mirage Lane -- $1,437,000 One APN 684-255-018 (approx. .41 AC Lot) this parcel is improved with two existing standalone buildings ±5771-square-foot providing flexibility for owner-users, investors, or future redevelopment. Sewer recently connected. • Adjacent Development Land -- $798,000 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 larger-scale 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 Valley's most desirable destinations. With mountain views, flexible commercial zoning, and a strategic location between Palm Desert and Palm Springs, the portfolio offers exceptional long-term value. Offered As-Is, Where-Is, 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 mixed-use development, or a future redevelopment project, this portfolio presents a compelling investment opportunity in Rancho Mirag

Listing Details MLS# 219149822

General Property Information

Approx SqFt: 5771
SqFt Source: Assessor
Leasable SqFt: 5771
Lot Acres: 1.25
Lot Size Source: Assessor
Year Built: 1950
Cross Streets: Highway 111

Property Features

Sale Type: Standard Financing: Owner May Carry; Submit Listing Terms: Cash; Standard Sale; Take Property As Is Showing Access: Appointment w/List Office Lot Features: Lot Over 40000 SqFt Parking Features: Parking Lot Asset Class: Hotel/Motel; Land/Unimproved; Office; Retail Road Surface Type: Asphalt Road Frontage Type: City Street Land Use: Office; Retail; Other Survey: Buyer Pays Exterior Construction: Stucco Search Tags: Build to Suit; Church/Religious Facility; Medical/Dental; Mixed Use; Nursing Facility; Office/Retail; Restaurant; Retail/Office; School; Special Use Water: Water District Utilities: Electricity Connected; Natural Gas Available; Phone Available; Sewer Connected; Water Connected; Water Meter on Property Electric: Standard Disclosures: None

Listing Location and Property Info

APN: 684255018
Original List Price: 2235000
Property Sub-Type: Mixed Use
Street #: 42414
Street Name: Rancho Mirage
Street Suffix: Lane
County: Riverside
State: CA
Zip Code: 92270
Area: 321 - Rancho Mirage
Country: US

Listing Info

Ownership Type: LLC

Property Info

Entry Floor Number: Yes
Building # of Stories: Yes
# Buildings: 2
Building Status: Existing
Anchor Co Tenants: VACANT

Status Change Info

Status Change Date: 2026-07-01

More Information

Parking SpacesInformation

Total Uncovered/Assigned Spaces: 10
Total Parking Spaces: 10

Water

Water District Name: Coachella Valley Water District (CVWD)
Water District: Yes

Listing, Location and Property Info

Entry Date: 2026-07-01

Utilities

Electricity Connected: Yes
Natural Gas Available: Yes
Phone Available: Yes
Sewer Connected: Yes
Water Connected: Yes
Water Meter on Property: Yes

Sale Type

Standard: Yes

Road Surface Type

Asphalt: Yes

Listing Terms

Cash: Yes
Standard Sale: Yes
Take Property As Is: Yes

Financing

Owner May Carry: Yes
Submit: Yes

Showing Access

Appointment w/List Office: Yes

Lot Features

Lot Over 40000 SqFt: Yes

Parking Features

Parking Lot: Yes

Asset Class

Hotel/Motel: Yes
Land/Unimproved: Yes
Office: Yes
Retail: Yes

Parking Spaces/Information

Parking Ratio: 1.7

Road Frontage Type

City Street: Yes

Disclosures

None: Yes

Land Use

Office: Yes
Retail: Yes
Other: Yes

Survey

Buyer Pays: Yes

Exterior Construction

Stucco: Yes

Electric

Standard: Yes

Documents

OM ›

Listing Office: Meade Commercial Inc.

Listing Agent: Kate Rust

Last Updated: September - 10 - 2026

Information deemed reliable but not guaranteed.