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    72630 Dinah Shore Dr Palm Desert, CA 92211
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    Property profile & analytics

    72630 Dinah Shore Dr, Palm Desert, CA 92211

    View on Map

    • Retail space
    • 24,446 SF
    • 2.30 lot acres
    Palm Desert Shopping Center For Sale
    $4,750,000
    24,800 SF

    Palm Desert Shopping Center

    Prime Retail Investment, High Traffic Area

    72630 Dinah Shore Dr, Palm Desert, CA 92211
    View Listing
    Property ID
    US09-0651851
    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.

    Value Estimations
    Cap Rate Potential
    9.5%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Dollar Tree / Party Supply Store / (Bike/Boat/Book/etc) Store

    Property Details for 72630 Dinah Shore Dr

    Year built
    1992
    Construction
    TILT-UP CONCRETE
    Lot size
    2.30 lot acres
    Zone code
    CPS
    Property type
    Retail space
    APN
    685-020-006
    APU
    685020006

    Description

    This exceptional 24,800 square foot Class A medical retail building, situated on a 2.3-acre lot in Palm Desert, CA (92211), presents a unique investment opportunity. Built in 1992 and renovated in 2011, the single-story property boasts 21-foot ceilings and features two suites, with 12,800 square feet currently available. The minimum divisible space is 12,800 square feet, while the maximum contiguous space is the entire 24,800 square feet. The property includes two loading docks and ample parking (4.5 spaces per 1,000 square feet). Located at the dominant retail intersection of Dinah Shore Drive, this highly visible location benefits from freeway access (Interstate 10) and proximity to a high-volume Costco. The property is zoned C-1 and enjoys a low tax rate of $1.61 per square foot. This prime location serves a thriving community of 425,000 year-round residents, 150,000 seasonal residents, and 3 million annual tourists, further enhanced by the recent opening of the Coachella Valley Arena and numerous ongoing residential developments. This presents a remarkable chance to establish a presence in a rapidly expanding area with significant growth potential. The property offers great exposure for essential retailers and service providers.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,675,000
      ML approach
      $3,600,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,840,000
      6.5%
      $5,390,000
      7%
      $5,005,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,942,000
      Market price range: $3.91M - $13.7M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $8,130,000
      WAREHOUSE, STORAGE
      $7,225,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Palm Desert
    County
    Riverside
    State
    California
    Longitude
    -116.392
    Latitude
    33.8029
    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
    $45,105
    $713,194
    $2,853,297
    $3,566,491
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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