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    Property profile & analytics

    72840 Hwy 111 Palm Desert, CA 92260-3324

    • Super regional malls
    • 44,547 SF
    • 16.98 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 29, 2023
    Location Intelligence
    Property ID
    US09-3265467
    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

    • Super regional malls

    Property Details for 72840 Hwy 111

    Year built
    1983
    Construction
    STEEL FRAME
    Lot size
    16.98 lot acres
    Property size
    44,547 SF
    Property type
    Super regional malls
    APN
    640-140-031
    APU
    640140031

    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
    -116.394
    Latitude
    33.7242
    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
    $1,774,401
    $10,819,565
    $134,836,250
    $145,655,815
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      114,186 SF

      82001 Hwy 111

      REGIONAL SHOPPING CENTER, MALL • 114,186 SF
      82001 Hwy 111, Palm Desert, CA 92260
      View Details
    • Value Estimation by Request
      91,566 SF

      72900 Hwy 111

      REGIONAL SHOPPING CENTER, MALL • 91,566 SF
      72900 Hwy 111, Palm Desert, CA 92260-3315
      View Details
    • Value Estimation by Request
      22,000 SF

      72840 Hwy 111th Ste, Unit 101

      REGIONAL SHOPPING CENTER, MALL • 22,000 SF
      72840 Hwy 111th Ste, Palm Desert, CA 92260-3345
      View Details
    • Value Estimation by Request
      0.64 Acres

      Palm Desert, CA 92260

      REGIONAL SHOPPING CENTER, MALL • 0.64 Acres
      Palm Desert, CA 92260
      View Details
    • Value Estimation by Request
      131,950 SF

      72880 Hwy 111

      REGIONAL SHOPPING CENTER, MALL • 131,950 SF
      72880 Hwy 111, Palm Desert, CA 92260-3313
      View Details
    • Value Estimation by Request
      10,040 SF

      72284 Hwy 111

      SHOPPING CENTER, STRIP CENTER • 10,040 SF
      72284 Hwy 111, Palm Desert, CA 92260-2784
      View Details

    Similar Nearby for Sale

    • $3,295,000
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      Palm Desert Commercial Investment Opportunity

      Commercial property with high rental income potential in prime location.
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    • $5,000,000
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      Prime Palm Desert Office Complex

      $5M, 20,676 SF, Multi-Use
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    • $5,817,024
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      Gas Station & Convenience Store Palm Desert

      Restaurants • 5,285 SF
      74478 Ca-111, Palm Desert, CA 92260
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    • $5,817,024
      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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    • $1,070,000
      2,782 SF

      Highway 111 Stand-Alone Building

      Stand-alone building fronting Highway 111 with ample parking.
      73120 California 111, Palm Desert, CA 92260
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    • $5,967,000
      19,123 SF

      Retail Property on Highway 111

      Retail space in the heart of Palm Desert.
      72261 Highway 111, Palm Desert, CA 92260
      View Details

    Similar Nearby for Lease

    • $1.50 SF/Yr
      518,237 SF

      Large Retail Center For Lease

      Prime retail spaces available in a high-traffic shopping center.
      72-333 Thru 72-549 Hwy, Palm Desert, CA 92260
      View Details
    • $3 SF/Yr
      37,000 SF

      Prime Retail Space on El Paseo

      High-profile retail location on Palm Desert's 'Rodeo Drive'.
      73-375 El Paseo Dr, Palm Desert, CA 92260
      View Details
    • Contact for pricing
      70,646 SF

      El Paseo Retail Opportunity

      Retail space in Palm Desert's premier shopping district.
      73470 El Paseo Blvd, Palm Desert, CA 92260
      View Details
    • Contact for pricing
      113,718 SF

      Palm Desert Retail Spaces Available

      Retail spaces for lease in Palm Desert, California.
      74884 Country Club Dr, Palm Desert, CA 92260
      View Details
    • $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
      View Details
    • Contact for pricing
      10,700 SF

      Palm Desert Retail Anchor Space

      High-traffic location, 10,000 SF available
      73468 Ca-111, Palm Desert, CA 92260
      View Details

    Property Visit Statistics

    • Visits by month
      58.4k
    • Visitors by month
      46.9k
    • Avg Time on site
      37 min
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    72840 Hwy 111
    Palm Desert, CA 92260-3324
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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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