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Property profile & analytics
OFF-MARKET Estimated value $5,105,000
Retail space

72630 Dinah Shr Dr Palm Desert, CA 92211-0801

24,446 SF 2.3 ac lot Built 1992
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US09-0651851
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1992
Construction TILT-UP CONCRETE
Total area 24,446 SF
Lot 2.3 ac (100,187 SF)
Zoning code CPS
APN 685-020-006
UPID US09-0651851
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
  • Dollar Tree Party Supply Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.60M
CAP Approach CAP
$5.39M
Comparable Approach Comparable
$4.94M
Blend (final) Blend
$5.11M
Owner & transaction history
Rsh Ralphs Properties I LLC
Rsh Ralphs Properties I LLC
since 2025
Last sale
$5.0M
7 recorded transactions
2025
$5.0M
2022
Price N/A
2022
$3.4M
2015
$2.8M
2013
$2.5M
2010
$1.4M
1969
Price N/A
Zoning & alternative use
CPS · Palm Desert, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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