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    Property profile & analytics

    40245 Harris Ln, Unit 101 Palm Desert, CA 92211-6258

    • Apartment buildings
    • 1,015 SF
    • 0.01 lot acres
    OFF-MARKET
    Value Estimation
    $5,435,000
    Last Sale
    Dec 17, 2024
    $5,500,000
    Location Intelligence
    Property ID
    US10-3276035
    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.

    Current Use by Public Records

    • Hopeful Hauls Junk Removal / Debris Removal Service

    Property Details for 40245 Harris Ln

    Year built
    1981
    Construction
    WOOD
    Lot size
    0.01 lot acres
    Property size
    1,015 SF
    Zone code
    R3
    Property type
    Apartment buildings
    APN
    632-071-010
    APU
    632071010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,990,000
      6.5%
      $5,530,000
      7%
      $5,705,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,875,000
      Geo Method
      $4,855,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,765,000
      Retail
      $6,025,000
      Mixed-Use
      $5,520,000
      Hospitality
      $6,140,000
      Educational
      $4,590,000
      Residential Income
      $6,075,000
      Energy
      $4,460,000
      Income-Based Land
      $4,825,000
      Food Service
      $6,040,000

    Location Insight

    • Map
    • Local Demand
    City
    Palm Desert
    County
    Riverside
    State
    California
    Longitude
    -116.305
    Latitude
    33.7553
    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
    $3,112
    $57,218
    $160,613
    $217,831
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $5,490,000
      1,015 SF

      40255 Harris Ln, Unit 106

      APARTMENT HOUSE (5+ UNITS) • 1,015 SF
      40255 Harris Ln, Palm Desert, CA 92211-6260
      View Details
    • Value Estimation
      $10,750,000
      1,050 SF

      40781 Breezy Pass Rd

      APARTMENT HOUSE (5+ UNITS) • 1,050 SF
      40781 Breezy Pass Rd, Palm Desert, CA 92211-7291
      View Details
    • Value Estimation
      $10,660,000
      925 SF

      40785 Sandy Gale Ln, Unit A

      APARTMENT HOUSE (5+ UNITS) • 925 SF
      40785 Sandy Gale Ln, Palm Desert, CA 92211-7297
      View Details
    • Value Estimation
      $10,755,000
      925 SF

      40785 Sandy Gale Ln, Unit B

      APARTMENT HOUSE (5+ UNITS) • 925 SF
      40785 Sandy Gale Ln, Palm Desert, CA 92211-7297
      View Details
    • Value Estimation
      $10,685,000
      925 SF

      40840 Sandy Gale Ln, Unit C

      APARTMENT HOUSE (5+ UNITS) • 925 SF
      40840 Sandy Gale Ln, Palm Desert, CA 92211-7202
      View Details
    • Value Estimation
      $10,885,000
      925 SF

      40770 Sandy Gale Ln, Unit D

      APARTMENT HOUSE (5+ UNITS) • 925 SF
      40770 Sandy Gale Ln, Palm Desert, CA 92211-7201
      View Details

    Similar Nearby for Sale

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      2-bedroom condo with golf course views and updated features.
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      Fully furnished 3-bed, 2.5-bath retreat in Desert Falls Community.
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      Palm Desert Residential Land Opportunity

      3.61 Acres, 28+ Unit Potential
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      Land available for sale, lease, or joint venture.
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    Similar Nearby for Lease

    • $2,400 /Mo

      Remodeled Condo with Chef's Kitchen

      Remodeled 2-bedroom, 2-bath condo available September 10th.
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      View Details
    • $2,500 /Mo

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      Well-appointed 2BR, 2BA vacation rental in Oasis Country Club.
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      View Details
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      Spacious, furnished 3-bedroom home in gated golf community with pool.
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    • $0.33 SF/Yr
      35,424 SF

      Retail Space Near Acrisure Arena

      Retail and restaurant spaces available near Cook Street and I-10.
      36-891 Cook St, Palm Desert, CA 92211
      View Details
    • $1.30 SF/Yr
      1,100 SF

      Retail Space Available For Rent

      Retail space available for rent in Palm Desert, CA.
      43875 Washington St, Palm Desert, CA 92211
      View Details
    • Contact for pricing
      24,800 SF

      Palm Desert Retail Space for Lease

      Medical Retail, Costco-Anchored Plaza
      72630 Dinah Shore Dr, Palm Desert, CA 92211
      View Details
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    Palm Desert, CA 92211-6258
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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