Financial
Distress signals
Property profile

353 Palm Cyn Dr Palm Springs, CA 92262

OFF-MARKET
Retail space
Property ID
US10-2961919
5,141 SF 0.37 ac lot Built 1992
Last sale Apr 2021 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A fee-simple, two-story commercial property on S Palm Canyon Dr in Downtown Palm Springs, configured with a dispensary space on the ground floor and a cannabis lounge on the upper level. The building includes an elevator and ADA-compliant access, along with newer mechanical systems and extensive interior and exterior improvements. A private off-street parking lot and an expansive outdoor area are part of the site, providing mountain and city views. The property is positioned for street

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$36k
Tax billed · 2024
Assessed value$2.65M
Assessed land$690k
Assessed improvement$1.96M
Effective rate1.37%

Value estimate

· Sep 2026
$1.45M
$1.31M – $1.60M
AI approach$1.39M
CAP approach$1.14M
Submarket $/SF estimate$1.11M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$340/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$210 – $926
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.3
Storage Facility9.4
Veterinary Clinic9.0

Location

353 Palm Cyn Dr Palm Springs, CA 92262-7332
County assessor Recorded deeds · 16 transfers 11 qualifying comp sales Zoning catalog

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
675 Palm Cyn, Palm Springs, CA 92262 $2,100,000 Jun 2024 4,955 SF
3521 Indian Cyn, Palm Springs, CA 92262 $700,000 Apr 2024 3,986 SF
395 Palm Cyn, Palm Springs, CA 92262-5684 $4,500,000 Jul 2023 7,511 SF
882 Palm Cyn, Palm Springs, CA 92262-4424 $1,140,000 Dec 2022 3,388 SF
301 Palm Cyn, Palm Springs, CA 92262-5672 $4,800,000 May 2022 7,478 SF
2155 Palm Cyn, Palm Springs, CA 92262-2831 $373,398 Nov 2021 3,589 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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