Technical
Financial
Distress signals
Property profile

39810 Portola Ave Palm Desert, CA 92260

OFF-MARKET
Office buildings
Property ID
US09-3395324
6,445 SF 0.37 ac lot Built 2008
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional single-tenant office building, located at 39810 Portola Ave, Palm Desert, CA 92260, presents a unique opportunity in the desirable Palm Desert submarket of Riverside County. Situated near Country Club Drive, this stand-alone structure boasts distinctive modern architecture and is part of a beautifully landscaped and well-maintained business park. The property features ample covered parking for convenience. The interior offers a large, open floor plan, providing exceptional flexibility for a variety of uses, including executive, medical, or creative office spaces. The versatile layout allows for customization to suit specific business needs. This property is classified as Retail, Office, and Special Purpose, catering to diverse operational requirements. The building's modern design and prime location make it an ideal choice for businesses seeking a prestigious and functional workspace. Tenant improvement allowances are negotiable, offering potential cost savings for the incoming tenant. The property's address is easily accessible and benefits from high visibility within the business park. This is a rare opportunity to secure a high-quality, single-tenant office building in a sought-after location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2008
Construction WOOD
Total area 6,445 SF
Lot 0.37 ac (16,117 SF)
Zoning code OP
APN 620-430-032
UPID US09-3395324

Cap rate & NOI

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

Location

39810 Portola Ave Palm Desert, CA 92260-0624
Palm Desert metro Census 44919 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.94M

Owner & transaction history

since 2022
Last sale
$7.0M
5 recorded transactions
2023
Price N/A
2022
$7.0M
2019
$6.1M
2017
$5,500
2013
$3.3M

Zoning & alternative use

OP · Palm Desert, CA
Zoning description

Office Professional (OP). This district is intended for various levels of intensities for business, office, administrative, research and development, and/or professional land uses. This district is characterized by urban…

General category COMMERCIAL

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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