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    Palm Desert, CA
    Medical Premises

    Palm Desert, CA Medical Office Space for Sale

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    La Quinta, CA Indian Wells, CA Indio, CA Bermuda Dunes, CA Rancho Mirage, CA Thermal, CA Coachella, CA Mountain Center, CA
    6 properties
    Palm Desert Multi-Tenant Commercial Building
    Updated: May 7
    Palm Desert Multi-Tenant Commercial Building

    73993 Hwy 111, Palm Desert, CA 92260

    $2,950,000
    9,506 sqft 0.27 AC lot
    Prime location at the signalized corner of Highway 111 and Portola Ave with high traffic count (54,071 average cars per day).
    Ideal owner/user opportunity with a 6,000 SF lower level available and existing high‑quality tenants on the second level.
    Well‑maintained 9,506 SF multi‑tenant commercial building suitable for medical/professional use.
    High visibility with excellent signage.
    Close proximity to El Paseo, a premier luxury shopping and dining destination.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    73993 Hwy 111, Palm Desert, CA 92260

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $149K
      Annual

    • Mortgage

      $800K
      Mar 2018

    • Last Sold

      Mar 2018
      $2.1M

    • Property Type

      Office Building
      Built 2000
    View Property Analytics
    Multi-Tenant Medical Office Building
    Updated: Mar 13
    Multi-Tenant Medical Office Building

    73993 Hwy 111, Palm Desert, CA 92260

    $2,950,000
    9,506 sqft
    9,506 SF multi‑tenant commercial building designed for medical/professional use
    Built in 2000
    Signalized corner location at Highway 111 and Portola Ave with 54,071 average cars per day
    Corner lot with covered parking onsite
    6,000 SF lower level on a month‑to‑month master lease
    View details
    Move-In Ready Medical Office Condominium
    Move-In Ready Medical Office Condominium

    36951 Cook Street, Palm Desert, CA 92211

    $1,161,000
    2,580 sqft

    Fully improved medical suite in a preferred office park with easy freeway access for client servicing across the valley.

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    Two-Story Office Building with Development Parcel
    Two-Story Office Building with Development Parcel

    74090 El Paseo Unit 101, Palm Desert, CA 92260

    $3,999,900
    12,870 sqft

    Two-story office property plus a vacant buildable parcel with dual frontage on El Paseo and Highway 111.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Turnkey Medical Office Condo
    Turnkey Medical Office Condo

    41990 Cook St Ste E502, Palm Desert, CA 92211

    $1,050,000
    3,425 sqft

    3,425 SF Class A medical office condo for sale.

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    Two-Story Professional Office Building
    Two-Story Professional Office Building

    73321 Fred Waring Drive, Palm Desert, CA 92260

    Contact for pricing
    6,890 sqft

    Two-story office building with modern architecture and ample on-site parking across from College of the Desert.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Palm Desert, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Building on Date Palm
    Retail Building on Date Palm

    32475 Date Palm Dr, Cathedral City, CA 92234

    $1,294,000
    6,560 sqft 0.41 AC lot

    Two-suite retail building in Cathedral City, great location.

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    Two-Suite Retail Building
    Two-Suite Retail Building

    32475 Date Palm Dr, Cathedral City, CA 92234

    Contact for pricing
    5,360 sqft

    Two renovated retail suites in Cathedral City, providing flexibility to occupy part and lease the remainder.

    View details
    Medical Office Condos For Sale
    Medical Office Condos For Sale

    81893 Dr Carreon Blvd, Indio, CA 92201

    $2,600,000
    6,147.00 AC lot

    Fully leased medical office condos on hospital campus for sale.

    View details
    Medical Office Condos For Sale
    Medical Office Condos For Sale

    81893 Dr Carreon Blvd, Indio, CA 92201

    $2,600,000
    8,091 sqft

    8,091 SF medical office condos on hospital campus for sale.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with C-O Zoning
    Commercial Land with C-O Zoning

    Sparkey Way, Bermuda Dunes, CA 92203

    $1,950,000
    4.00 AC lot

    For-sale commercial land zoned C-O in Bermuda Dunes, located on Sparkey Way in Riverside County.

    View details
    High-Frontage General Commercial Land
    High-Frontage General Commercial Land

    70265 Hwy 111, Rancho Mirage, CA 92270

    $3,600,000

    Finished highway frontage along a major corridor offers flexible options under C-G zoning for a variety of commercial uses.

    View details
    Commercial Land Parcel, C-G Zoned
    Commercial Land Parcel, C-G Zoned

    70265 Hwy 111, Rancho Mirage, CA 92270

    $3,600,000
    4.72 AC lot

    C-G zoned commercial land offering development flexibility near Hwy 111 in Rancho Mirage.

    View details
    Murrieta Land Near Medical Center
    Murrieta Land Near Medical Center

    28330 Joan Dunn Lane, Murrieta, CA 92563

    $1,690,700
    1,952 sqft 2.65 AC lot

    2.65-acre vacant land parcel near Loma Linda University Medical Center.

    View details

    Off-Market Properties in Palm Desert, CA

    Consider similar Off-Market properties in Palm Desert, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    73710 Alessandro Dr
    MEDICAL BUILDING

    73710 Alessandro Dr, Palm Desert, CA 92260-3638

    $2,400,000
    Estimated value
    6,250 sqft 0.63 AC lot
    View details
    73071 Fred Waring Dr
    MEDICAL BUILDING

    73071 Fred Waring Dr, Palm Desert, CA 92260-2878

    $700,000
    Estimated value
    1,567 sqft 0.17 AC lot
    View details
    44227 Monterey Ave
    MEDICAL BUILDING

    44227 Monterey Ave, Palm Desert, CA 92260-2710

    $2,130,000
    Estimated value
    3,692 sqft 0.21 AC lot
    View details
    42430 Washington St
    MEDICAL BUILDING

    42430 Washington St, Palm Desert, CA 92211-8156

    Value Estimation by Request
    5,560 sqft 0.48 AC lot
    View details
    73120 Hwy 111
    MEDICAL BUILDING

    73120 Hwy 111, Palm Desert, CA 92260-3902

    Value Estimation by Request
    2,782 sqft 0.25 AC lot
    View details
    73950 Alessandro Dr Ste, Unit 2
    MEDICAL BUILDING

    73950 Alessandro Dr Ste, Palm Desert, CA 92260-3637

    Unit 2
    $4,890,000
    Estimated value
    12,027 sqft 0.81 AC lot
    View details
    41990 Cook St, Unit F1006
    MEDICAL BUILDING

    41990 Cook St, Palm Desert, CA 92211-6100

    Unit F1006
    Value Estimation by Request
    2,410 sqft 0.06 AC lot
    View details
    36923 Cook St Ste, Unit 102
    MEDICAL BUILDING

    36923 Cook St Ste, Palm Desert, CA 92211-6074

    Unit 102
    $545,000
    Estimated value
    2,830 sqft 0.06 AC lot
    View details
    72415 Parkview Dr
    MEDICAL BUILDING

    72415 Parkview Dr, Palm Desert, CA 92260-2779

    Value Estimation by Request
    9,070 sqft 0.41 AC lot
    View details
    41990 Cook St Ste A101
    MEDICAL BUILDING

    41990 Cook St Ste A101, Palm Desert, CA 92211-6101

    Value Estimation by Request
    3,425 sqft 0.07 AC lot
    View details
    41990 Cook St Ste A102
    MEDICAL BUILDING

    41990 Cook St Ste A102, Palm Desert, CA 92211-6101

    Value Estimation by Request
    3,425 sqft 0.07 AC lot
    View details
    44650 Monterey Ave
    MEDICAL BUILDING

    44650 Monterey Ave, Palm Desert, CA 92260-3326

    Value Estimation by Request
    1,540 sqft 0.16 AC lot
    View details
    73345 Hwy 111
    MEDICAL BUILDING

    73345 Hwy 111, Palm Desert, CA 92260-3909

    $2,760,000
    Estimated value
    22,984 sqft 0.97 AC lot
    View details
    35450 Pegasus Ct
    MEDICAL BUILDING

    35450 Pegasus Ct, Palm Desert, CA 92211-1604

    $1,760,000
    Estimated value
    9,302 sqft 4.76 AC lot
    View details
    72650 Fred Waring Dr, Unit A204
    MEDICAL BUILDING

    72650 Fred Waring Dr, Palm Desert, CA 92260-5006

    Unit A204
    Value Estimation by Request
    1,507 sqft 0.03 AC lot
    View details
    42575 Washington St
    MEDICAL BUILDING

    42575 Washington St, Palm Desert, CA 92211-8850

    $730,000
    Estimated value
    6,852 sqft 1.47 AC lot
    View details
    44650 Vlg Ct
    MEDICAL BUILDING

    44650 Vlg Ct, Palm Desert, CA 92260-3812

    $820,000
    Estimated value
    6,076 sqft 0.65 AC lot
    View details
    74120 El Paseo
    MEDICAL BUILDING

    74120 El Paseo, Palm Desert, CA 92260-4120

    $575,000
    Estimated value
    5,171 sqft 0.26 AC lot
    View details

    Palm Desert, CA Medical Office Space Market Trends and Statistics

    Explore 72 medical office space for sale in Palm Desert, CA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 37,887 square feet of properties for sale, with an estimated market value of $12,110,900.

    Sale prices for medical spaces in Palm Desert, CA start at $1,050,000, averaging $2,422,180, and reaching up to $3,999,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 27
    Office buildings 12
    Medical Office Space 11

    Demographics Overview

    Population 63K
    Population Growth (5Y) -2.2%
    Median Household Income $84,567
    College Educated 40.6%

    High-Yield Neighborhoods for Investment

    Identify Palm Desert submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    92211 $732.5K
    92260 $3.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.30%
    Property Tax per SF $9.41 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Riverside County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Palm Desert fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Palm Desert, CA

    • 92260
    • 92211

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