Property summary
This exceptional 10,155-square-foot retail property in Desert Hot Springs, CA, presents a compelling investment opportunity. Located at 12155 Palm Dr, 92240, this commercially zoned building boasts high visibility and ample parking (37 spaces). Built in 1992 and renovated 10 years ago, the property sits on a 27,878-square-foot lot and features four separate units. Currently, one unit is leased, generating income. The remaining three units (A, B, and C) are available, offering flexibility… for various uses, including daycare, pharmacy, or storefront retail. The asking price is $1,125,000, translating to a remarkably low price per square foot of $110.78 – significantly below replacement cost. The property's previous tenants included a World Gym and a sunglass company, demonstrating its suitability for a range of businesses. The property's two APNs are 641042047 and 641-042-048. This is a NNN lease property with 25% current occupancy. The building's potential is vast, making it an ideal investment for discerning buyers seeking a high-return opportunity in a desirable location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.3 ac
- APN
- 641-042-047
- Zoning
- C2
- Assessed value · 2024
- $422,253
- Annual tax · 2024
- $13,598
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile 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 the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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.
The mortgage data is behind the paid report: 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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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