42414 Rancho Mirage Lane, Rancho Mirage

$2,235,000

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1.25

Acres

About 42414 Rancho Mirage Lane

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

Features of 42414 Rancho Mirage Lane

MLS® # 219149822DA
Price $2,235,000
Bathrooms 0.00
Acres 1.25
Year Built 1950
Type Commercial Sale
Status Active

Community Information

Address 42414 Rancho Mirage Lane
Area 321 - Rancho Mirage
City Rancho Mirage
County Riverside
Zip Code 92270

Amenities

Utilities Electricity Connected, Natural Gas Available
Parking Spaces 10
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No
# of Stories 1

Exterior

Lot Description Lot Over 40000 Sqft

Additional Information

Date Listed July 1st, 2026
Days on Market 75
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentKate Rust
OfficeMeade Commercial Inc.

Listing Map

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