Financial
Distress signals
Property profile

11083 Palm Dr Desert Hot Springs, CA 92240

FOR SALE
Commercial land
Property ID
US10-2058399
0.83 ac lot
Last sale Jun 2003 · $200,000
Individually Owned Owner of record is an individual. 23-yr Hold Held for 23 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 11083 Palm Dr in Desert Hot Springs is commercial land presented for hotel and spa development. The site is described as being on a city block and is stated to be zoned for hospitality uses. The listing further indicates that hot mineral water is available on site, which is relevant to wellness-oriented concepts, and renderings depicting a Best Western Hotel are included in the provided materials. Any suitability for specific hotel or spa designs would depend on applicable development requirements and approvals confirmed during due diligence.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$349k
Assessed land$349k
Effective rate1.33%

Value estimate

· Sep 2026
$310k
$279k – $341k
AI approach$310k
NOI build-up
Gross scheduled income$1.68M
Vacancy & credit loss−$235k
Operating expenses−$758k
NOI · 85.85% cap applied$686k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,024/SF
County average, outlier-cleaned · 226 recorded sales of this use type
Observed band · Q1–Q3$241 – $1,997

Cap rate analysis

How does the asset earn?
85.85%
$686k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.6
Law Firm19.9
Hair Salon11.6

Location

11083 Palm Dr Desert Hot Springs, CA 92240
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Desert Hot Springs, CA 92240 $60,000 May 2025 No data
Desert Hot Springs, CA 92240 $7,125,000 Apr 2025 No data
Desert Hot Springs, CA 92240 $185,000 Apr 2025 No data
Desert Hot Springs, CA 92240 $61,500 Mar 2025 No data
Desert Hot Springs, CA 92240 $400,000 Feb 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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