42414 Rancho Mirage Lane

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42414 RM Lane
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42600 Rancho Mirage Lane 2
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Active
$2,235,000
5,771 sqft
42414 Rancho Mirage Ln, Rancho Mirage, CA 92270
Est: $11,549/moGet pre-approved
Mixed UseProperty Type
1.25 acresLot Size
1950Year Built
$387/sq ftPrice per sq ft
10 carsParking Spaces

Description

Seller financing may be available to a qualified buyer. Financing terms are subject to seller approval, buyer qualification, and mutually agreeable terms. 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,...Seller financing may be available to a qualified buyer. Financing terms are subject to seller approval, buyer qualification, and mutually agreeable terms. 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. 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 campu
81 days on Market
  • Listed by: Kate Rust DRE #01267678 • Meade Commercial Inc.
  • Listed by: Danyell Meade DRE #02056792 • Meade Commercial Inc.
Last updated: 09/16/2026 12:12 PM • Source: GPSMLS, MLS#: 219149822

Location

Listing Courtesy of Meade Commercial Inc., Kate Rust, DRE #01267678; Meade Commercial Inc., Danyell Meade, DRE #02056792
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Property Information for 42414 Rancho Mirage Lane

Property Details
  • MLS Type: Commercial Sale / Mixed Use
  • County: Riverside County
  • Cross Street: Highway 111
Building Information
  • Stories: 1
  • Year Built: 1950
  • Lot Size: 1.25 AC / 54,450 SF
Summary
Location and General Information
  • Building Area Source: Assessor
  • City: Rancho Mirage
  • Country: US
  • Directions: Traveling S. on Hwy 111 in Rancho Mirage turn right onto Rancho Mirage Lane. Property will ne on your left and signage will be on the property 2nd week of July. Call Kate 760-409-1532 if you have troubles. You can also place the address in your GPS
  • Area: 321 - Rancho Mirage
  • Road Surface Type: Asphalt
  • Unparsed Address: 42414 Rancho Mirage Lane, Rancho Mirage, CA 92270
Owner
  • Ownership: LLC
Parking
  • Open Parking Spaces: 10.00
  • Parking Features: Parking Lot
Taxes and HOA Information
  • Association Fee: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Size Acres: 1.25
  • Lot Size Square Feet: 54,450.00
  • Lot Size Area: 54,450.00
  • Lot Size Source: Assessor
  • Parcel Number: 684255018
  • Road Frontage Type: City Street
  • Property Type: Commercial Sale
  • Property Sub Type: Mixed Use
Property and Assessments
  • Documents Count: 2
Utilities
  • Utilities: Natural Gas Available, Electricity Connected, Water Connected, Sewer Connected, Phone Available
  • Water Source: Water District
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Stories Total: 1
Interior Features
  • Total Bathrooms: 0
  • Living Area: 5,771.00
Multi Family
Multi-Family Information
  • Special Listing Conditions: Standard

Property History for 42414 Rancho Mirage Lane

DateEvent & SourcePriceAppreciation
Jul 1, 2026

Listed (Active)

GPSMLS #219149822

$2,235,000—
DateEvent & SourcePrice
07/01/2026

Listed (Active)

GPSMLS #219149822

$2,235,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 42414 Rancho Mirage Lane

This home is within Palm Springs Unified School District.
Rating
School
Type
Grades
Distance
Rancho Mirage Elementary School
Public - K to 5
Nellie N. Coffman Middle School
Public - 6 to 8
Rancho Mirage High
Public - 9 to 12
Desert Learning Academy
Public - K to 12
Rating
School
Distance
Rancho Mirage Elementary School
PublicK to 5

Nellie N. Coffman Middle School
Public6 to 8

Rancho Mirage High
Public9 to 12

Desert Learning Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 42414 Rancho Mirage Lane, Rancho Mirage, CA 92270

42414 Rancho Mirage Lane is a mixed use property for sale in Rancho Mirage, CA 92270. This property was listed for sale on July 1, 2026 by Meade Commercial Inc., it's currently listed at $2,235,000. This listing's school district is Palm Springs Unified School District. Nearby schools include Rancho Mirage Elementary School, Nellie N. Coffman Middle School and Rancho Mirage High. 42414 Rancho Mirage Lane is a 0-bed, 0-bath, 5,771 sqft mixed use property built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Meade Commercial Inc., Kate Rust, DRE #01267678; Meade Commercial Inc., Danyell Meade, DRE #02056792

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.