71956 Magnesia Falls Dr, Rancho Mirage
Rancho Mirage Home For Sale
Live Auction! Bidding to start from $1,100,000! Prime Location: Nestled between Palm Springs and Palm Desert, the property is well positioned in a high-traffic area with excellent visibility. Its proximity to key landmarks like Eisenhower Hospital and El Paseo, which are major destinations, further enhance its appeal. The Coachella Valley is experiencing significant population growth, which is expected to continue over the next few years. This demographic trend can drive demand for healthcare services and retail establishments, benefiting the Professional Eye Center. Strategic Features: Traffic & Visibility: At the intersection of CA-111 and Magnesia Falls Dr, the office enjoys high visibility and heavy daily traffic, making it easily accessible and highly noticeable. The office boasts 5,000 sf of rentable space with a lot size of 23,087 sf. The layout includes private exam rooms, a circular flow design for patients, and a dedicated eyeglass and contact lens center, which can generate ancillary revenue. The building offers covered/ uncovered parking options. The fact that it can generate cash flow from Day 1 is a significant advantage. Being in an affluent location, it likely attracts a higher-end clientele who may be seeking premium eye care services. Overall, this location seems ideal for a business in the healthcare or retail sector, particularly for optometry or related fields, due to its strategic positioning, high visibility, and robust local market growth.
Property Details
Additional Information
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- City:
- Rancho Mirage
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- County:
- Riverside
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- Zip:
- 92270
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- MLS® #:
- 219115991DA
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- Lot Size:
- 0.53
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of August 29th, 2024 at 9:20pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.