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71956 Magnesia Falls Dr 5,000 SF Office Building Rancho Mirage, CA 92270 For Sale
Investment Highlights
- Fully leased to an established medical office tenant.
- Single-story medical office building with dedicated parking.
- Located near Highway 111 and The River at Rancho Mirage.
- Positioned within a healthcare and professional services corridor.
Executive Summary
71956 Magnesia Falls Drive presents an opportunity to acquire a single-tenant medical office property in Rancho Mirage, one of the Coachella Valley's most established healthcare and commercial markets. The property is positioned just south of Highway 111, providing convenient access to the region's primary retail and business corridor. Nearby destinations include The River at Rancho Mirage, national retailers, restaurants, hospitality venues, and surrounding residential communities that support ongoing healthcare demand.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
B
Year Built
1980
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,300 SF
Building FAR
0.22
Lot Size
0.53 AC
Zoning
PUDC - Planned Urban Development
Parking
20 Spaces (4 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 684-423-002 | Improvements Assessment | $1,111,800 |
| Land Assessment | $316,200 | Total Assessment | $1,428,000 |
Property Taxes
Parcel Number
684-423-002
Land Assessment
$316,200
Improvements Assessment
$1,111,800
Total Assessment
$1,428,000
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71956 Magnesia Falls Dr