Technical
Financial
Distress signals
Property profile

72855 Hwy 111 Palm Desert, CA 92260

OFF-MARKET
Strip malls
Property ID
US09-3155478
22,192 SF 2.25 ac lot Built 1972
Entity Owned 17-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1972
Construction TILT-UP CONCRETE
Total area 22,192 SF
Lot 2.25 ac (98,010 SF)
Zoning code PC3S
APN 640-170-004
UPID US09-3155478

Cap rate & NOI

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

Location

72855 Hwy 111 Palm Desert, CA 92260
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
by Request
CAP Approach CAP
$4.31M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.58M

Owner & transaction history

since 2009
2 recorded transactions
2009
Price N/A
1969
Price N/A

Zoning & alternative use

PC3S · Palm Desert, CA

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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