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Financial
Distress signals
Property profile

72705 Hwy 111 Palm Desert, CA 92260

OFF-MARKET
Banks
Property ID
US09-2247256
12,228 SF 0.32 ac lot Built 1982
Last sale May 2019 · $10,606,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Retail property located on Highway 111 in the Palm Desert retail corridor, with frontage on Highway 111 and reported traffic volume of 33,218 vehicles per day. The area serves a tourism-driven economy, with Coachella Valley cited as drawing 14.1 million total annual visitors and 2.6 million airport travelers annually, supporting substantial visitor spending and economic impact. The location is associated with several major regional events, including the Coachella Music Festival, BNP Paribas…

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?
$57k
Tax billed · 2024
Assessed value$4.68M
Assessed land$656k
Assessed improvement$4.02M
Effective rate1.23%

Value estimate

· Oct 2026
$955k
$860k – $1.05M
AI approach$855k
Submarket $/SF estimate$1.05M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$527/SF
County average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$297 – $824

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 Shop16.5
Wholesale Shop13.9
Auto Parts Store13.6

Location

72705 Hwy 111 Palm Desert, CA 92260-3317
County assessor Recorded deeds · 14 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
73301 Hwy 111, Palm Desert, CA 92260-3943 $1,750,000 Feb 2026 8,620 SF
73690 El Paseo, Palm Desert, CA 92260-4310 $1,850,000 Dec 2025 7,044 SF
72996 El Paseo, Palm Desert, CA 92260-3303 $3,900,000 Aug 2023 9,933 SF
73101 Hwy 111, Palm Desert, CA 92260-3933 $7,800,000 May 2022 18,148 SF
72850 El Paseo, Palm Desert, CA 92260-3302 $12,020,000 Mar 2022 9,728 SF
72811 Hwy 111, Palm Desert, CA 92260-3312 $12,020,000 Mar 2022 22,969 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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