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    2465 Palm Canyon Dr, Unit 505 Palm Springs, CA 92264

    For Lease
    $2 SF/Yr

    Retail space in established Palm Springs shopping center.

    Source: Coldwell Banker Commercial Lyle & Associates Agent Curtis Barlow

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

    Overview

    Palm Springs Retail Space Available

    Located at the southwest corner of East Palm Canyon Drive and Barona Road, Smoke Tree Commons is a shopping center serving the southern portion of Palm Springs and the southern part of Cathedral City. Constructed in 2008, this neighborhood shopping center is anchored by Jensen's Gourmet Grocery, Michaels, Cost Plus World Market, TJ Maxx, Petco, Big 5 Sporting Goods, and Walgreens. Other tenants include McDonald's, Wells Fargo Bank, Chipotle, and Chase Bank. The architecture is Desert Modern. Suite 505 offers 1,400 square feet of vanilla shell space, featuring an open space and a restroom. The shopping center is positioned amidst established residential neighborhoods, complemented by new apartment complexes and hotels.
    Insight Report Location Intelligence

    Current Use by Public Records

    Jersey Mike's Subs Sandwich Shop Petco Tropical Fish Store Precious Metals Refinery Coin Dealer Wells Fargo Bank Bank McDonald's Sandwich Shop

    Suggested Use

    Realty agency Restaurant Law Firm 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.

    Similar Places Nearby

    Smoke Tree Village, California DMV Now, Smoke Tree Commons, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Palm Springs
    County
    Riverside
    State
    California
    Longitude
    -116.519752
    Latitude
    33.7995155

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    FAQs

    What type of property is this?
    Shopping center - Retail space in established Palm Springs shopping center.
    Where is this shopping center located?
    The property is located at 2465 Palm Canyon Dr, Unit 505 Palm Springs, CA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Anchored by major retailers including Jensen's Gourmet Grocery and TJ Maxx.; - Located in a dominant shopping center serving Palm Springs and Cathedral City.; - Situated amidst established residential neighborhoods, new apartments, and hotels.
    (760) 772-6400
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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
    2465 Palm Canyon Dr, Unit 505 Palm Springs, CA 92264
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