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    Property profile & analytics

    73040 El Paseo Palm Desert, CA 92260-4211

    • Turn key restaurants
    • 6,074 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US09-1553543
    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

    • Eddie V's Prime Seafood / Seafood Restaurant / Cocktail Bar

    Property Details for 73040 El Paseo

    Year built
    1983
    Construction
    WOOD
    Lot size
    0.40 lot acres
    Property size
    6,074 SF
    Zone code
    C1SP
    Property type
    Turn key restaurants
    APN
    627-192-036
    APU
    627192036

    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
    -116.39
    Latitude
    33.7201
    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
    $43,884
    $753,627
    $2,665,276
    $3,418,903
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,058 SF

      74617 Hwy 111

      RESTAURANT • 3,058 SF
      74617 Hwy 111, Palm Desert, CA 92260-3803
      View Details
    • Value Estimation by Request
      17,472 SF

      74225 Hwy 111

      RESTAURANT • 17,472 SF
      74225 Hwy 111, Palm Desert, CA 92260-4143
      View Details
    • Value Estimation by Request
      8,550 SF

      74740 Hwy 111

      RESTAURANT • 8,550 SF
      74740 Hwy 111, Palm Desert, CA 92260-3806
      View Details
    • Value Estimation by Request

      72695 Hwy 111th Ste A10

      RESTAURANT
      72695 Hwy 111th Ste A10, Palm Desert, CA 92260-3320
      View Details
    • Value Estimation by Request
      2,836 SF

      74601 Hwy 111

      RESTAURANT • 2,836 SF
      74601 Hwy 111, Palm Desert, CA 92260-3803
      View Details
    • Value Estimation by Request
      6,127 SF

      72291 Hwy 111

      RESTAURANT • 6,127 SF
      72291 Hwy 111, Palm Desert, CA 92260-2744
      View Details

    Similar Nearby for Sale

    • $7,500,000

      El Paseo Mixed-Use Investment

      Prime corner property with retail, restaurant, and residential units.
      73995 El Paseo, Palm Desert, CA 92260
      View Details
    • $7,500,000
      24,000 SF

      El Paseo Commercial Corner Property

      Prime commercial property on El Paseo with multiple buildings.
      73995 El Paseo, Palm Desert, CA 92260
      View Details
    • $5,817,024
      5,285 SF

      Gas Station & Convenience Store Palm Desert

      Restaurants • 5,285 SF
      74478 Ca-111, Palm Desert, CA 92260
      View Details
    • $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
      View Details
    • $5,000,000
      20,676 SF

      Prime Palm Desert Office Complex

      $5M, 20,676 SF, Multi-Use
      74399 Ca-111, Palm Desert, CA 92260
      View Details
    • $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
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      9,600 SF

      Pointe El Paseo Retail Space

      Prime Coachella Valley Retail Opportunity
      72990 El Paseo, 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
    • $0.85 SF/Yr
      10,600 SF

      El Paseo Retail/Office Suite

      Retail or office suite in premier shopping district.
      74-040 El Paseo Dr, 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
    • $2.00 SF/Yr

      El Paseo Retail/Office Space

      1,150 SF space suitable for office or retail use.
      73950 El Paseo C, 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
      6.5k
    • Visitors by month
      6.8k
    • Avg Time on site
      112 min
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    73040 El Paseo
    Palm Desert, CA 92260-4211
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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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