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Prime Commercial Land Opportunity on Hwy 111 – Rancho Mirage, CA Seize this rare chance to secure over 550 feet of premium, finished frontage along bustling Highway 111, with 38,000+ vehicles passing daily—perfect for maximum visibility and exposure. Zoned C-G (General Commercial), these versatile parcels support a wide range of permitted and conditional uses, including: • Hotel / Hospitality • Retail & Specialty Shops • Professional Office Space • Restaurants & Cafés • Medical / Service-Oriented Businesses • And many more Strategically located with easy access and excellent sightlines, this high-traffic corridor is ideal for businesses that thrive on exposure. Exciting future potential: The City of Rancho Mirage is actively developing a new master plan that may allow mixed-use development, opening doors to innovative projects. Buyer to verify all uses and development opportunities with the Rancho Mirage Planning Department. Don’t miss this standout opportunity in one of the Coachella Valley’s most sought-after commercial corridors.
Listing agent: Dan Dickson DRE #01226387 ddickson@mgrrealestate.com, Listing office: MGR REAL ESTATE, INC.
MLS data updated 10/22/2026, 1:01:21 AM PT
Source: CRMLS, MLS #: CV25255185
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 21, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$3,600,000Asking price recorded · Apr 21, 2026ZIP 92270 · Apr 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.