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    74478 Highway 111 Palm Desert, CA 92260

    For Sale
    $5,817,024

    Well-maintained retail center with gas station in Palm Desert, CA.

    Property size:
    5,285 SF
    Lot size:
    0.82 Acres

    Property Features for 74478 Highway 111

    General Information

    Size
    5,285 SF
    Lot size
    0.82 Acres

    Source: Desert Pacific Properties Agent Susan Harvey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center with Gas Station

    This well-maintained retail center features a gas station, convenience store, postal office, and a Mexican restaurant. The property benefits from a corner location at a signalized intersection. The gas station is a Sinclair Oil branded station, part of a network of over 1,600 stations in more than 30 states. The location experiences a significant traffic count of 41,165 cars per day. The property is located across from a heavily trafficked Albertsons Shopping Center and is in close proximity to El Paseo (The Rodeo Drive of the Desert), Indian Wells Tennis Garden, and numerous hotels. Three access drives facilitate ease of ingress and egress. The property size is 5,285 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Desert
    County
    Riverside
    State
    California
    Longitude
    -116.3653671
    Latitude
    33.7217005

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    FAQs

    What type of property is this?
    Gas station - Well-maintained retail center with gas station in Palm Desert, CA.
    Where is this gas station located?
    The property is located at 74478 Highway 111 Palm Desert, CA.
    What is the asking price?
    The asking price for this property is $5,817,024.
    What are key features of this property?
    This property features: - High traffic count: 41,165 cars per day.; - Located at a signalized intersection on a corner lot.; - Well-maintained center with diverse tenants: gas station, convenience store, postal office, and Mexican restaurant.
    (760) 250-8992
    Request Owner's contact information
    74478 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
    74478 Highway 111 Palm Desert, CA 92260
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