Individually Owned Property summary
This exceptional investment opportunity presents a fee-simple, multi-tenant retail property located at 1590 S Palm Canyon Dr, Palm Springs, CA 92264. The 9,100 square foot building, constructed in 1975, sits on a 34,848 square foot lot and boasts seven fully occupied suites under a gross lease structure with a remaining lease term of 3 years. The property enjoys a 100% occupancy rate, generating a strong net operating income (NOI) of $105,270, representing a 5.07% cap rate. The asking price… is $2,075,000, translating to $228.02 per square foot. The property features 48 parking spaces and is zoned C-1. Rent bumps are included in the lease agreements. This prime retail location on a major thoroughfare benefits from high daily traffic counts (approximately 28,000 vehicles) and a strong demographic profile, with a population of approximately 79,074 residents within a five-mile radius and 14.1 million annual visitors to Palm Springs. The property offers significant upside potential for new ownership through rent increases to market rates. The property has been under the same ownership for over 30 years. This offering presents a rare chance to acquire a well-below-replacement-cost retail asset in a thriving market. The APN is 508-345-006. The sale is structured for a 1031 exchange.
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 · 12 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 9,021 SF
- Lot area
- 0.5 ac
- Year built
- 1963
- Stories
- 2
- APN
- 508-454-007
- Zoning
- R3
- Assessed value · 2024
- $2,045,115
- Annual tax · 2024
- $27,166
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
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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