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    OFF-MARKET
    Retail properties & Spaces

    3255 Tahquitz Canyon Way, Palm Springs, CA 92262

    Property ID
    Property summary
    AI-generated overview

    This exceptional opportunity presents a fully operational, debt-free cannabis dispensary and retail storefront in Palm Springs, CA. The 2,200 square foot facility boasts a prime location with 8 assigned parking spaces plus ample street parking. Included in the $1,050,000 asking price is the real estate, independently appraised at $1 million, offering significant value. All assets, including an established book of business and a retail storefront license with delivery capabilities, are included in the sale. There is no pending litigation or liabilities, making this a truly turnkey operation. The business benefits from a recently reduced retail cannabis tax in Palm Springs (now 5%). This presents a low-risk, high-potential investment with immediate revenue generation. The monthly rent is $5,000. Serious inquiries only

    Property profile
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Superior Court of California, County of Riverside - Palm Springs Courthouse City Courthouse County Government Office
    • Riverside County Civil Court County Court
    • Riverside County Probation Probation Office
    • Riverside County Superior Ct County Government Office
    • Superior Court of Calif. County of Riverside Courthouse
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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