262 Palm Canyon Dr Palm Springs, CA 92262
Property profile & analytics
262 Palm Canyon Dr, Palm Springs, CA 92262
- Turn key restaurants
- 11,246 SF
- 0.17 lot acres
Property ID
US09-2891830
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Sol Agave - Palm Springs / Restaurant
- Rooftop 262 Bar & Grill / Nightclub / DJ & Entertainment
- bar 1 / Bar & Pub
- Broken Yolk Cafe Palm Springs / Restaurant
Property Details for 262 Palm Canyon Dr
- Year built
- 1985
- Construction
- WOOD
- Lot size
- 0.17 lot acres
- Zone code
- C1
- Property type
- Turn key restaurants
- APN
- 513-154-017
- APU
- 513154017
Description
This exceptional 6,226 square foot restaurant space is located in a Class B, two-story building totaling 11,882 square feet. Situated in Riverside County, near Baristo Road, this property boasts a prime location in the Coachella Valley, known for its exceptionally high foot traffic. The building itself is of quality steel-frame construction and offers outstanding signage opportunities. A significant advantage is the mid-block, signalized pedestrian crosswalk directly connecting the property to a vibrant cluster of bars and restaurants across the street, maximizing pedestrian access and visibility. This area generates over $50 million in annual food and beverage sales, as reported to the IRS, underscoring its exceptional commercial viability. The property is currently configured as a multi-tenant space, with a minimum divisible unit of 6,226 square feet. All furniture, fixtures, equipment, and a Type 47 full liquor license are available for separate purchase at $599,000, presenting a turnkey opportunity for a discerning buyer. This is a rare chance to acquire a high-performing retail space in one of the most desirable locations in the Coachella Valley.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,925,000
- ML approach
- $4,835,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $6,980,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Palm Springs
- County
- Riverside
- State
- California
- Longitude
- -116.546
- Latitude
- 33.8202
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$67,245
$520,200
$4,681,800
$5,202,000
-
$0.00
$0.00
$0.00
