Property profile

73120 Hwy 111 Palm Desert, CA 92260

OFF-MARKET
Medical Office Space
Property ID
US09-0231936
2,782 SF 0.25 ac lot Built 1978
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1978
Construction TILT-UP CONCRETE
Total area 2,782 SF
Lot 0.25 ac (10,890 SF)
Zoning code C1SP
APN 627-071-049
UPID US09-0231936

Cap rate & NOI

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

Location

73120 Hwy 111 Palm Desert, CA 92260-3902
Palm Desert metro Census 45126 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2020
$750,000
2016
Price N/A
2007
$380,000

Zoning & alternative use

C1SP · 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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