72595 El Paseo Palm Desert, CA 92260-3344
Property profile & analytics
72595 El Paseo, Palm Desert, CA 92260-3344
- Turn key restaurants
- 8,075 SF
- 0.39 lot acres
Property ID
US09-1452416
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.
Location Intelligence
Current Use by Public Records
- Cuistot / Restaurant
Property Details for 72595 El Paseo
- Year built
- 2003
- Construction
- WOOD
- Lot size
- 0.39 lot acres
- Property type
- Turn key restaurants
- APN
- 640-370-003
- APU
- 640370003
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,326,000
Market price range: $2.13M - $9.01M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $5,015,000 Current use
- COMMERCIAL (GENERAL)
- $8,265,000 Change: +65% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $6,950,000 Change: +39% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $5,090,000 Change: +2% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Palm Desert
- County
- Riverside
- State
- California
- Longitude
- -116.4
- Latitude
- 33.7228
- 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
$43,214
$1,066,335
$2,456,706
$3,523,041
-
$0.00
$0.00
$0.00
