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    Property profile & analytics

    72620 El Paseo Palm Desert, CA 92260-3321

    • Turn key restaurants
    • 8,801 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $2,765,000
    Last Sale
    Jun 01, 2022
    $2,700,000
    Location Intelligence
    Property ID
    US10-3158706
    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

    • VSS POP UP shop / Gift Shop
    • Crystal and gift shop / Store
    • Ghost Burrito / Takeout Restaurant
    • Cowboy Cantina / Barbecue Restaurant / Breakfast Restaurant

    Property Details for 72620 El Paseo

    Year built
    1984
    Construction
    WOOD
    Lot size
    0.27 lot acres
    Property size
    8,801 SF
    Zone code
    PC3SP
    Property type
    Turn key restaurants
    APN
    640-160-010
    APU
    640160010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,660,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,545,000
      6.5%
      $2,635,000
      7%
      $2,795,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,330,000
      Geo Method
      $2,805,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,190,000
      Retail
      $2,805,000
      Mixed-Use
      $3,195,000
      Hospitality
      $2,995,000
      Educational
      $2,910,000
      Residential Income
      $3,310,000
      Energy
      $2,945,000
      Income-Based Land
      $3,075,000
      Food Service
      $3,060,000

    Location Insight

    • Map
    • Local Demand
    City
    Palm Desert
    County
    Riverside
    State
    California
    Longitude
    -116.398
    Latitude
    33.7212
    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
    $31,312
    $384,948
    $2,164,032
    $2,548,980
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,058 SF

      74617 Hwy 111

      RESTAURANT • 3,058 SF
      74617 Hwy 111, Palm Desert, CA 92260-3803
      View Details
    • Value Estimation by Request
      17,472 SF

      74225 Hwy 111

      RESTAURANT • 17,472 SF
      74225 Hwy 111, Palm Desert, CA 92260-4143
      View Details
    • Value Estimation by Request
      8,550 SF

      74740 Hwy 111

      RESTAURANT • 8,550 SF
      74740 Hwy 111, Palm Desert, CA 92260-3806
      View Details
    • Value Estimation by Request
      9,482 SF

      73155 Hwy 111

      RESTAURANT • 9,482 SF
      73155 Hwy 111, Palm Desert, CA 92260-3905
      View Details
    • Value Estimation
      $8,125,000
      5,711 SF

      72755 Hwy 111

      RESTAURANT • 5,711 SF
      72755 Hwy 111, Palm Desert, CA 92260-3310
      View Details
    • Value Estimation by Request
      3,078 SF

      73196 Hwy 111

      RESTAURANT • 3,078 SF
      73196 Hwy 111, Palm Desert, CA 92260-3902
      View Details

    Similar Nearby for Sale

    • $5,817,024
      5,285 SF

      Gas Station & Convenience Store Palm Desert

      Restaurants • 5,285 SF
      74478 Ca-111, Palm Desert, CA 92260
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    • $5,817,024
      5,285 SF

      Retail Center with Gas Station

      Well-maintained retail center with gas station in Palm Desert, CA.
      74478 Highway 111, Palm Desert, CA 92260
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    • $7,500,000

      El Paseo Mixed-Use Investment

      Prime corner property with retail, restaurant, and residential units.
      73995 El Paseo, Palm Desert, CA 92260
      View Details
    • $7,500,000
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      El Paseo Commercial Corner Property

      Prime commercial property on El Paseo with multiple buildings.
      73995 El Paseo, Palm Desert, CA 92260
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    • $3,295,000
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      Palm Desert Commercial Investment Opportunity

      Commercial property with high rental income potential in prime location.
      73338 Highway 111, Palm Desert, CA 92260
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    • $5,000,000
      20,676 SF

      Prime Palm Desert Office Complex

      $5M, 20,676 SF, Multi-Use
      74399 Ca-111, Palm Desert, CA 92260
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    Similar Nearby for Lease

    • $48 SF/Yr
      70,646 SF

      El Paseo Prime Retail Space

      1,418 SF Storefront, High Traffic
      73400 El Paseo, Palm Desert, CA 92260
      View Details
    • $24 SF/Yr
      9,600 SF

      Pointe El Paseo Retail Space

      Prime Coachella Valley Retail Opportunity
      72990 El Paseo, Palm Desert, CA 92260
      View Details
    • $21 SF/Yr
      4,439 SF

      El Paseo Retail Space: ±3,085 SF

      Prime Retail Space, El Paseo & Hwy 111
      72608-72624 El Paseo Dr, Palm Desert, CA 92260
      View Details
    • $2.00 SF/Yr
      1,065 SF

      Retail/Office Space Available

      Retail or office space for rent in Palm Desert.
      44850 Las Palmas Ave, Palm Desert, CA 92260
      View Details
    • $1.50 SF/Yr
      518,237 SF

      Large Retail Center For Lease

      Prime retail spaces available in a high-traffic shopping center.
      72-333 Thru 72-549 Hwy, Palm Desert, CA 92260
      View Details
    • $24 SF/Yr
      11,976 SF

      Prime Palm Desert Retail Space

      Four retail spaces available, 1,159-6,010 sq ft
      44419 Town Center Way, Palm Desert, CA 92260
      View Details
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    Palm Desert, CA 92260-3321
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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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