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    73338 Highway 111 Palm Desert, CA 92260

    For Sale
    $3,295,000

    Commercial Sale - Palm Desert, CA

    Property size:
    5,582 SF
    Days on Market:
    195
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 73338 Highway 111

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    627092026
    Size
    5,582 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2021
    Architectural style
    Other

    eXp Realty of Greater Los Angeles, Inc (888) 652-1314 [email protected]

    Listing agent Jonathon Williams (888) 584-9427 License #02220679

    Listing date Jun 2, 2025

    MLS# SR25082009 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Palm Desert Commercial Investment Opportunity

    Located on Highway 111 in Palm Desert, CA, this commercial property offers an investment opportunity in an affluent community. The property, renovated in 2021, includes 7 units totaling 5,582 square feet. A 3,470 square foot high-end private club is tailored for elite members. The property is currently generating over $20,000 per month in rent at full capacity. The location provides excellent visibility and accessibility for customers and tenants. The property is located approximately 4 miles from the upcoming Disney "Cotino" 618-acre resort project and approximately 5 miles from the Coachella festival grounds. Indian Wells Golf Course is approximately 2 miles away. The property is suitable for owner-occupiers or investors seeking rental income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Building Supply Auto Repair Shop Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Palms to Pines West Shopping Center, El Paseo Square, The Gardens on El Paseo, The Shops on El Paseo, Parking Ramp

    Location Insight

    • Map
    • Local Demand
    City
    Palm Desert
    County
    Riverside
    State
    California
    Longitude
    -116.3856261
    Latitude
    33.7217739

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    FAQs

    What type of property is this?
    Shopping center - Commercial property with high rental income potential in prime location.
    Where is this shopping center located?
    The property is located at 73338 Highway 111 Palm Desert, CA.
    What is the asking price?
    The asking price for this property is $3,295,000.
    What are key features of this property?
    This property features: - Prime location on Highway 111 in Palm Desert, offering excellent visibility and accessibility.; - High income potential: Currently generating over $20,000 per month in rent at full capacity.; - Newly built (2021) **3,470 sq ft high-end private club for elite members**.
    (888) 584-9427
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    73338 Highway 111 Palm Desert, CA 92260
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    Palm Desert, CA 92260
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    73338 Highway 111 Palm Desert, CA 92260
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