Technical
Financial
Distress signals
Property profile

73061 El Paseo Palm Desert, CA 92260

OFF-MARKET
Retail space
Property ID
US09-1648006
11,791 SF 0.52 ac lot Built 2008
Individually Owned 29-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,354 square foot office space, located at 73061 El Paseo, Palm Desert, CA 92260, is situated in the desirable Shops on El Paseo. The property is part of a larger 27,674 square foot building, constructed in 1975 and classified as Class C. The space is currently available for lease and is ideal for a variety of businesses, including architectural, engineering, or design firms, as well as wellness studios such as yoga or Pilates. The unit boasts a unique and stylish design, featuring high open ceilings and built-in workstations, enhancing both functionality and aesthetics. A convenient breakroom and copy room are included, along with two spacious restrooms and a private office, ensuring comfort and productivity for employees. Enjoy stunning views from the private balcony overlooking El Paseo, and appreciate the picturesque mountain vistas visible from the front entrance. The property is zoned C1 and offers multiple tenancy options within the building. This second-floor space presents a rare opportunity to secure a well-appointed office in a prime Palm Desert location. The building's location on El Paseo provides excellent visibility and accessibility.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Construction WOOD
Total area 11,791 SF
Lot 0.52 ac (22,651 SF)
Zoning code CPS
APN 627-231-018
UPID US09-1648006

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Law Firm
  • Clothing & Fashion Store
  • Bar & Pub Restaurant
  • Nursing Home Retirement Community

Location

73061 El Paseo Palm Desert, CA 92260-4210
Palm Desert metro Census 45117 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$1.58M

Owner & transaction history

since 1996
6 recorded transactions
2025
Price N/A
1996
$750,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CPS · 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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