Financial
Distress signals
Property profile

11940 Palm Dr Desert Hot Springs, CA 92240

OFF-MARKET
Office buildings
Property ID
US09-2792513
4,824 SF 0.34 ac lot Built 1985
Last sale Mar 2021 · $546,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A +/- 5,328 sq. ft. commercial building is situated on a corner lot at Palm Drive and Pierson Boulevard within the downtown Desert Hot Springs commercial district. The site includes approximately 100+ feet of frontage along Palm Drive and a total lot area of 0.34 acres, with access from surrounding directions. The building has frontage and visibility oriented to main corridor traffic and features exterior mural artwork design by TRAV. The property layout is configured for possible retail, office, or service use, and supports commercial signage along its street frontages.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$12k
Tax billed · 2024
Assessed value$884k
Assessed land$177k
Assessed improvement$707k
Effective rate1.41%

Value estimate

· Sep 2026
$920k
$828k – $1.01M
CAP approach$1.25M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$272/SF
County average, outlier-cleaned · 622 recorded sales of this use type
Observed band · Q1–Q3$159 – $482
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency15.0
Law Firm13.8
Building Supply13.3

Location

11940 Palm Dr Desert Hot Springs, CA 92240-3610
County assessor Recorded deeds · 13 transfers 5 qualifying comp sales 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 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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