Technical
Financial
Distress signals
Property profile

14208 Palm Dr Desert Hot Springs, CA 92240

OFF-MARKET
Retail space
Property ID
US09-0244690
11,100 SF 0.6 ac lot Built 1983
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,342 square foot retail space is ideally situated in Desert Hot Springs, California, within Riverside County. The property boasts a single-tenant occupancy, offering a unique opportunity for a variety of businesses. Its prime location ensures high foot traffic, benefiting from its placement within a thriving shopping center. The surrounding area features a strong mix of established businesses, including well-known national brands such as Vons, Del Taco, McDonald's, Subway, and UPS, providing a diverse range of services and attracting a substantial customer base. This established commercial center offers excellent visibility and accessibility, making it an attractive location for businesses seeking high exposure and convenient access for customers. The property's single-tenant configuration provides flexibility and control for the occupant, eliminating the complexities of multi-tenant management. The 1,342 square feet offer ample space for a variety of retail uses, allowing for customization to suit specific business needs. This property presents a compelling investment opportunity in a dynamic and growing market, offering a blend of established infrastructure and high-traffic potential. The strong tenant mix in the surrounding area ensures a consistent flow of potential customers, creating a favorable environment for business growth and success. This is a rare opportunity to secure a well-positioned retail space in a bustling commercial center. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1983
Construction WOOD
Total area 11,100 SF
Lot 0.6 ac (26,136 SF)
Zoning code W2
APN 656-040-013
UPID US09-0244690

Cap rate & NOI

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

Location

14208 Palm Dr Desert Hot Springs, CA 92240-6873
Desert Hot Springs metro Census 44516 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.29M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.64M

Owner & transaction history

since 2020
Last sale
$6.1M
4 recorded transactions
2020
$6.1M
2006
$2.7M
2004
Price N/A
2001
Price N/A

Zoning & alternative use

W2 · Desert Hot Springs, CA
Top alternative use upside
Neighborhood: shopping center $9.6M +224.8%
Restaurant $6.9M +134.2%
Industrial (general) $6.1M +106.7%

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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