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    401 E Tahquitz Canyon Way Palm Springs, CA 92262

    For Sale
    $2,500,000

    Fully occupied retail building near Palm Springs City Center.

    Lot size:
    1.44 Acres

    Property Features for 401 E Tahquitz Canyon Way

    General Information

    Lot size
    1.44 Acres

    Building Details

    Year built
    1985

    Source: Larry Strong Commercial Real E Agent Larry Strong

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

    Overview

    Palm Springs Retail Building For Sale

    The NOIA Building, anchored by Sherman's Deli & Bakery, features a variety of retail, service, and real estate businesses. The property has been completely remodeled and redecorated, with a recent exterior repaint. Tenants benefit from high-speed internet and paid utilities, excluding phone service. Management and security are included. The property is currently 100% occupied. Located in the heart of Palm Springs, the NOIA building is one block from the new downtown City Center, the Spa Hotel & Casino, the Hard Rock Hotel, and the Palm Springs Convention Center. Ample on-site parking is available. Owner financing is available, and trades are accepted. The property is on leased land, with 35 years remaining on the lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sherman's Deli & Bakery Restaurant Lifetime Blinds of Palm ... Window Treatment Store

    Suggested Use

    Law Firm Dental Office Restaurant Spa & Massage Hair Salon Nail Salon Realty agency Building Supply Daycare Center Gym & Fitness

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

    Similar Places Nearby

    Sunrise Place Shopping Center, Mercado Plaza Fountain, The Vineyard Shopping Center, California DMV Now Kiosk, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Palm Springs
    County
    Riverside
    State
    California
    Longitude
    -116.542764
    Latitude
    33.822787

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    FAQs

    What type of property is this?
    Shopping center - Fully occupied retail building near Palm Springs City Center.
    Where is this shopping center located?
    The property is located at 401 E Tahquitz Canyon Way Palm Springs, CA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - High Cap Rate of 8.9%; - Seller Financing Available and Trades Accepted; - 100% Occupancy
    (949) 735-7143
    Request Owner's contact information
    401 E Tahquitz Canyon Way Palm Springs, CA 92262
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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
    401 E Tahquitz Canyon Way Palm Springs, CA 92262
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