Property profile

72755 Hwy 111 Palm Desert, CA 92260

OFF-MARKET
Turn key restaurants
Property ID
US09-2793254
5,711 SF 0.16 ac lot Built 1976
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1976
Construction WOOD
Total area 5,711 SF
Lot 0.16 ac (6,969 SF)
APN 640-160-031
UPID US09-2793254

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

72755 Hwy 111 Palm Desert, CA 92260-3310
Palm Desert metro Census 45116 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.21M

Owner & transaction history

since 2024
Last sale
$8.2M
1 recorded transaction
2024
$8.2M

Zoning & alternative use

Top alternative use upside
Commercial (general) $5.8M +64.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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