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Property profile

1276 Palm Canyon Dr Palm Springs, CA 92262

OFF-MARKET
Retail properties & Spaces
440 SF 1.07 ac lot Built 1987
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Property summary

AI-generated overview

This exceptional investment opportunity presents four office/retail condos for sale within a Spanish Mediterranean-style complex at 1276 N. Palm Canyon Drive, Palm Springs, CA 92262. Situated in the coveted Uptown Design District, this property boasts convenient access to both North Palm Canyon Drive and North Indian Canyon Drive, along with ample private parking, much of it covered. The complex is ideally located within walking distance of Desert Regional Medical Center and is surrounded by a vibrant mix of resorts, boutique hotels, trendy restaurants, upscale retail stores, and elite residential neighborhoods. Offering unobstructed mountain views, this tranquil setting provides a professional environment perfect for office, medical, or retail uses. The available units range in size from 440 to 697 square feet, with prices ranging from $245,000 to $279,000. The property sits on a 1.07-acre lot and was built in 1987. The permitted zoning is C1. This is a truly unparalleled location in one of Palm Springs' most desirable areas, between Alejo Road and Vista Chino. Units are available for immediate occupancy. Individual unit sizes and pricing are as follows: Unit 109 (712 sq ft, $279,000), Unit 206 (769 sq ft, $279,000), Unit 210 (697 sq ft, $265,000), and Unit 211 (614 sq ft, $245,000). Negotiable terms are available. There are a total of six units in the complex.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1987
Total area 440 SF
Lot 1.07 ac (46,609 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Insurance Agency
  • Insurance Agency
  • Tax Preparation
  • Medical Clinic Alternative Medicine Practice

Location

1276 Palm Canyon Dr Palm Springs, CA 92262
Palm Springs metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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