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Property profile & analytics
OFF-MARKET Estimated value $5,510,000
Turn key restaurants

72595 El Paseo Palm Desert, CA 92260-3344

8,075 SF 0.39 ac lot Built 2003
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US09-1452416
Property summary
AI-generated overview

This exceptional 8,075 square foot Class A restaurant, built in 2003, is situated on a 16,988 square foot lot at 72595 El Paseo in the prestigious Palm Desert, CA, 92260 El Paseo Corridor. The single-story building boasts a charming French farmhouse design, featuring a captivating fireplace and a spacious patio with an additional fireplace and picturesque art garden views. The interior includes a stylish bar and a display kitchen with extensive glass walls. This turnkey operation includes all real estate, a liquor license, furniture, fixtures, and equipment, offering a seamless transition for a new owner. The asking price is $5,600,000, or $693.50 per square foot. Creative financing options are available. This represents a rare opportunity to acquire a thriving, established restaurant in a highly desirable location. The property features a single tenancy and is offered as a fee simple ownership. The APN is 640-370-003.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2003
Construction WOOD
Total area 8,075 SF
Lot 0.39 ac (16,988 SF)
APN 640-370-003
UPID US09-1452416
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cuistot Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.33M
Blend (final) Blend
$5.51M
Owner & transaction history
Rancho Mirage Chophouse LLC · 1 yrs held
Rancho Mirage Chophouse LLC
since 2025
Last sale
$5.1M
5 recorded transactions
2025
$5.1M
2025
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $8.3M +64.9%
Neighborhood: shopping center $7.0M +38.7%
Apartment house (5+ units) $5.1M +1.6%
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