Property profile

72221 Hwy 111 Palm Desert, CA 92260

OFF-MARKET
Strip malls
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Property ID
US09-5457344
15,160 SF 1.34 ac Built 1980
Last sale Dec 2023·$725,909
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$40k
Tax billed · 2024
Assessed value$3.29M
Assessed land$1.07M
Assessed improvement$2.22M
Effective rate1.23%

Value estimate

· Nov 2026
$755k
$680k – $831k
AI approach$945k
Submarket $/SF estimate$632k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$861/SF
County average, outlier-cleaned · 156 recorded sales of this use type
Observed band · Q1–Q3$212 – $1,778

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?
PC4SP
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 Store13.9
HVAC Service12.3
Wholesale Shop12.2

Location

72221 Hwy 111 Palm Desert, CA 92260-2758
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
72745 Hwy 111, Palm Desert, CA 92260-3310 $8,211,000 Jun 2024 11,541 SF
73131 Country Clb, Palm Desert, CA 92260-2339 $17,750,000 Mar 2024 7,200 SF
72261 Hwy 111, Palm Desert, CA 92260-2740 $5,250,000 Nov 2023 13,830 SF
73030 El Paseo, Palm Desert, CA 92260-4285 $4,225,000 Jul 2022 5,687 SF
72885 Hwy 111, Palm Desert, CA 92260-3312 $12,020,000 Mar 2022 14,400 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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