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    Property profile & analytics

    73151 El Paseo Palm Desert, CA 92260-4225

    • Retail space
    • 19,543 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US09-3050369
    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

    • Charleston Shoe Co. / Shoe Store
    • Frizzante Fine Jewelers / Jeweler
    • Mr. Kianor Shahmohammadi / Dentist
    • Eyelash Extensions and Permanent Makeup by Kim / Beauty Salon
    • Desert Dream Dentistry & Spa / Dentist / Cosmetic Dentist

    Property Details for 73151 El Paseo

    Year built
    1989
    Construction
    WOOD
    Lot size
    0.60 lot acres
    Property size
    19,543 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    627-232-003
    APU
    627232003

    Description

    El Paseo Collection Elegante presents a unique opportunity to lease a 2,095 square foot retail space within a prestigious Class A, two-story strip center in Palm Desert's coveted El Paseo shopping district. This landmark property, built in 1987, boasts 19,349 total square feet and offers prime frontage and exceptional visibility on El Paseo, with floor-to-ceiling glass showcasing your business. The property features high-end design and construction, maximizing signage opportunities on El Paseo. Abundant parking is available behind the building, supplementing street parking. The meticulously maintained center is strategically located near high-end retailers and restaurants, including Saks Fifth Avenue, Tiffany & Co., The Daily Grill, California Pizza Kitchen, Gucci, St. John, and Ralph Lauren. This location within the heart of El Paseo's shopping, dining, and entertainment district is ideal for high-end retailers and service-oriented businesses seeking a prominent address in the Coachella Valley. The property offers a total of 35 parking spaces and is easily accessible via Monterey Avenue. The minimum divisible space is 2,095 square feet, with a maximum contiguous space of 2,095 square feet.

    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
    -116.388
    Latitude
    33.7194
    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
    $50,770
    $798,852
    $3,335,716
    $4,134,568
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

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      41801 Corporate Way Ste, Unit 13

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      1.21 Acres

      44489 Town Ctr Way Ste A

      STORE, RETAIL OUTLET • 1.21 Acres
      44489 Town Ctr Way Ste A, Palm Desert, CA 92260-2723
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      73230 Fiddleneck Ln

      STORE, RETAIL OUTLET
      73230 Fiddleneck Ln, Palm Desert, CA 92260-4764
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      74866 Velie Way Ste, Unit 3

      STORE, RETAIL OUTLET
      74866 Velie Way Ste, Palm Desert, CA 92260-1953
      View Details
    • Value Estimation by Request
      10,294 SF

      73000 Hwy 111

      RETAIL STORES (PERSONAL SERVICES) • 10,294 SF
      73000 Hwy 111, Palm Desert, CA 92260-3901
      View Details

    Similar Nearby for Sale

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      Retail Property on Highway 111

      Retail space in the heart of Palm Desert.
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      Stand-alone building fronting Highway 111 with ample parking.
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      Gas Station & Convenience Store Palm Desert

      Restaurants • 5,285 SF
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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.
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    • $7,500,000

      El Paseo Mixed-Use Investment

      Prime corner property with retail, restaurant, and residential units.
      73995 El Paseo, Palm Desert, CA 92260
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    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
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    • $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
    • $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
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    • $1.50 SF/Yr
      3,124 SF

      Palm Desert Retail Space Available

      Retail space in central Palm Desert location for lease.
      72-790 Highway 111, Palm Desert, CA 92260
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    • $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
    • $2 SF/Yr
      5,400 SF

      Retail Space Available For Rent

      Retail space available for rent in Palm Desert, CA.
      73446 Highway 111, Palm Desert, CA 92260
      View Details
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    Palm Desert, CA 92260-4225
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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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