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    12155 Palm Dr Desert Hot Springs, CA 92240

    For Sale
    $1,125,000

    Well-located commercial property with high visibility and income potential.

    Lot size:
    0.64 Acres

    Property Features for 12155 Palm Dr

    General Information

    Lot size
    0.64 Acres

    Source: KW Coachella Valley Agent James Guillermo

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

    Overview

    Commercial Property with Income Potential

    This commercial property offers high visibility and income potential. The building, approximately 10,155 square feet under roof, is situated on a lot of approximately 27,878 square feet. It features 37 on-site parking spaces. The property's versatile zoning allows for multiple potential uses, making it suitable for investors or business owners looking to expand or relocate. One unit is currently leased and generating rental income. The property is located in a prime location with excellent exposure. The property includes two APNs: 641-042-048 and a second APN. The property was formerly occupied by World Gym and a sunglass company. The property is priced below replacement cost and offers the lowest price per square foot in the area. Note that there is no longer weight equipment in the gym.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dog Stylez Pet Groomer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Desert Hot Springs
    County
    Riverside
    State
    California
    Longitude
    -116.5021279
    Latitude
    33.9602876

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    FAQs

    What type of property is this?
    Retail space - Well-located commercial property with high visibility and income potential.
    Where is this retail space located?
    The property is located at 12155 Palm Dr Desert Hot Springs, CA.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: - Prime location with excellent exposure and high visibility.; - Priced below replacement cost and offers the lowest price per square foot in the area.; - Currently generating rental income from a leased unit.
    (760) 449-1345
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    12155 Palm Dr Desert Hot Springs, CA 92240
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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
    12155 Palm Dr Desert Hot Springs, CA 92240
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