Technical
Financial
Distress signals
Property profile

34220 Monterey Ave Palm Desert, CA 92211

OFF-MARKET
Strip malls
Property ID
US09-2891608
154,374 SF 14.12 ac lot Built 2006
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Construction TILT-UP CONCRETE
Total area 154,374 SF
Lot 14.12 ac (615,067 SF)
APN 694-090-011
UPID US09-2891608

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Big Box & Wholesale Store Grocery & Convenience Store
  • Pharmacy
  • Eye Care Center
  • Medical Clinic

Location

34220 Monterey Ave Palm Desert, CA 92211-2096
Palm Desert metro Census 44922 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$29.95M
Comparable Approach Comparable
by Request
Blend (final) Blend
$23.22M

Owner & transaction history

since 2014
1 recorded transaction
2014
$2.7M

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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