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Property summary
One El Paseo Plaza, a premier Class A mixed-use development in Palm Desert, California, presents a unique investment opportunity. This 86,835 square foot property boasts three buildings – two two-story office buildings and a standalone restaurant pavilion – situated on a 5.2-acre lot at the intersection of El Paseo Drive and Highway 111. Built in 2004, the property currently enjoys an 87.3% occupancy rate, with a weighted average remaining lease term of 4.5 years. The tenant roster includes… Fortune 500 companies such as Morgan Stanley and Wells Fargo Advisors, along with a diverse mix of local and regional businesses. The property features modern architectural design, granite lobbies, flexible floor plates, and abundant parking (3.5 spaces per 1,000 square feet, including assigned and covered parking). The asking price is $29,430,000, representing a 7.00% cap rate and a price per square foot of $338.92. The property benefits from its strategic location in a high-demand area and is situated within a zoning district that allows for higher density and building height, presenting significant future development potential. The property's current zoning allows for residential uses on upper floors, with ground floor retail, restaurant, service, or office uses required. The Coachella Valley office market is currently experiencing low vacancy rates (6.7%) and a lack of new construction, positioning this property for continued rental growth. This offering provides a significant discount to replacement cost, estimated at over $600 per square foot. Two existing loans totaling $16,429,520 are assumable. The property's strong tenant base, prime location, and future development potential make it an exceptional investment opportunity.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Oct 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 86,835 SF
- Lot area
- 5.2 ac
- Year built
- 2004
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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