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Financial
Distress signals
Property profile

72605 Highway 111 Palm Desert, CA 92260

FOR LEASE
Retail space
Property ID
US09-0248711
5,772 SF 0.43 ac lot Built 1984
Last sale Nov 2011 · $2,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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72605 Highway 111, Palm Desert, CA 92260 For Lease
$875,000 1,491 SF available
72605 Highway 111, Palm Desert, CA 92260
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Property summary

AI-generated overview

This exceptional 1,491 square foot executive office suite is ideally located at 72605 Highway 111, Suite B4, in Palm Desert, California, within Riverside County. The entire space is currently vacant and available for lease as a single-tenant occupancy. The property is classified as an office building, specifically an executive office suite, offering a sophisticated and professional environment. The address is easily accessible from Highway 111, providing excellent visibility and convenient…

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?
$33k
Tax billed · 2024
Assessed value$2.71M
Assessed land$493k
Assessed improvement$2.22M
Effective rate1.23%

Value estimate

· Oct 2026
$875k
$788k – $963k
AI approach$525k
Submarket $/SF estimate$823k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$377/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$182 – $561
Qualifying comparables7

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?
PC3SP
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop16.9
Wholesale Shop14.3
Building Supply14.3

Location

72605 Highway 111 Palm Desert, CA 92260
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
73690 El Paseo, Palm Desert, CA 92260-4310 $1,850,000 Dec 2025 7,044 SF
44850 San Pablo, Palm Desert, CA 92260-3576 $1,900,000 Jun 2025 5,460 SF
73190 El Paseo, Palm Desert, CA 92260-4280 $2,500,000 Jan 2025 5,467 SF
74125 Hwy 111, Palm Desert, CA 92260-4121 $178,000 Oct 2024 4,272 SF
74175 El Paseo, Palm Desert, CA 92260-4103 $2,450,000 Dec 2022 5,750 SF
73891 Hwy 111, Palm Desert, CA 92260-4005 $1,350,000 May 2022 6,142 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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