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    Property profile & analytics

    72705 Hwy 111 Palm Desert, CA 92260-3317

    • Banks
    • 12,228 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 26, 2024
    Location Intelligence
    Property ID
    US09-2247256
    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

    • Banks

    Property Details for 72705 Hwy 111

    Year built
    1982
    Construction
    WOOD
    Lot size
    0.32 lot acres
    Property size
    12,228 SF
    Zone code
    PC3SP
    Property type
    Banks
    APN
    640-160-003
    APU
    640160003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palm Desert
    County
    Riverside
    State
    California
    Longitude
    -116.396
    Latitude
    33.7214
    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
    $57,437
    $656,184
    $4,024,733
    $4,680,917
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      44801 Vlg Ct

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      $2,790,000
      5,750 SF

      74175 El Paseo

      FINANCIAL BUILDING • 5,750 SF
      74175 El Paseo, Palm Desert, CA 92260-4103
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    • Value Estimation by Request

      73495 Hwy 111

      FINANCIAL BUILDING
      73495 Hwy 111, Palm Desert, CA 92260-3910
      View Details
    • Value Estimation by Request
      0.97 Acres

      74150 Country Clb Dr

      FINANCIAL BUILDING • 0.97 Acres
      74150 Country Clb Dr, Palm Desert, CA 92260-1655
      View Details
    • Value Estimation
      $2,115,000
      10,887 SF

      74010 El Paseo

      FINANCIAL BUILDING • 10,887 SF
      74010 El Paseo, Palm Desert, CA 92260-4102
      View Details
    • Value Estimation by Request
      3,830 SF

      73611 Hwy 111

      FINANCIAL BUILDING • 3,830 SF
      73611 Hwy 111, Palm Desert, CA 92260-4006
      View Details

    Similar Nearby for Sale

    • $5,817,024
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      Gas Station & Convenience Store Palm Desert

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      Retail Property on Highway 111

      Retail space in the heart of Palm Desert.
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      Stand-alone building fronting Highway 111 with ample parking.
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      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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    • $149,900

      Retail Space in Palm Desert

      Retail space with extra rooms, great location, motivated seller.
      49305 Highway 74, Palm Desert, CA 92260
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      El Paseo Mixed-Use Investment

      Prime corner property with retail, restaurant, and residential units.
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    Similar Nearby for Lease

    • $24 SF/Yr
      2,983 SF

      Palm Desert Showroom - Highway 111

      High-visibility retail showroom, 2,983 sq ft.
      72221 Ca-111, Palm Desert, CA 92260
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    • $1.50 SF/Yr
      3,124 SF

      Palm Desert Retail Space Available

      Retail space in central Palm Desert location for lease.
      72-790 Highway 111, Palm Desert, CA 92260
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    • $2 SF/Yr
      10,892 SF

      Retail/Office Building on El Paseo

      Retail/office space in upscale shopping center with ample parking.
      73-260 El Paseo Dr, Palm Desert, CA 92260
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    • $2 SF/Yr
      5,400 SF

      Retail Space Available For Rent

      Retail space available for rent in Palm Desert, CA.
      73446 Highway 111, Palm Desert, CA 92260
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    • $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
    • $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
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    Palm Desert, CA 92260-3317
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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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