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Financial
Distress signals
Property profile

73321 Fred Waring Dr Palm Desert, CA 92260

FOR LEASE
Office buildings
Property ID
US09-2719268
6,890 SF 0.25 ac lot Built 2005
Last sale Feb 2026 · $1,746,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
73321 Fred Waring Dr, Palm Desert, CA 92260 For Lease 1 / 76
$1,710,000 6,890 SF available
73321 Fred Waring Dr, Palm Desert, CA 92260
View Listing

Property summary

AI-generated overview

A two-story office building containing approximately 6,213 square feet of professional office space. The property features modern architectural design, desert landscaping, and ample on-site parking to accommodate clients, employees, and visitors. It is located at 73321 Fred Waring Drive in Palm Desert, with visibility along Fred Waring Drive and situated directly across from College of the Desert. The site has convenient access to Highway 111, Interstate 10, and El Paseo within the Coachella Valley business corridor.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$23k
Tax billed · 2024
Assessed value$1.91M
Assessed land$273k
Assessed improvement$1.63M
Effective rate1.23%

Value estimate

· Oct 2026
$1.71M
$1.54M – $1.88M
CAP approach$1.78M
Submarket $/SF estimate$1.56M
NOI build-up
Gross scheduled income$158k
Vacancy & credit loss−$14k
Operating expenses−$36k
NOI · 10,825,300.00% cap applied$108k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$378/SF
ZIP average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$191 – $549

Cap rate analysis

How does the asset earn?
10,825,300.00%
$108k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R207M
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility9.2
Parking Facility7.4
Convenience Store7.3

Location

73321 Fred Waring Dr Palm Desert, CA 92260
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
44267 Monterey, Palm Desert, CA 92260-2755 $1,025,000 Dec 2024 5,576 SF
73929 Larrea, Palm Desert, CA 92260-4305 $2,200,000 Aug 2024 6,879 SF
73555 Alessandro, Palm Desert, CA 92260-3635 $1,412,000 Jul 2024 7,200 SF
73271 Fred Waring, Palm Desert, CA 92260-2883 $2,925,000 Apr 2024 8,781 SF
72925 Fred Waring, Palm Desert, CA 92260-9401 $1,275,000 Sep 2023 6,724 SF
39820 Portola, Palm Desert, CA 92260-0622 $7,000,000 Aug 2022 6,445 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation by Request
    6,445 SF
    39820 Portola Ave
    OFFICE BUILDING
    39820 Portola Ave, Palm Desert, CA 92260-0622
    View Details
  • Value Estimation
    $1,835,000
    7,392 SF
    74390 Hwy 111
    OFFICE BUILDING
    74390 Hwy 111, Palm Desert, CA 92260-4153
    View Details
  • Value Estimation
    $1,420,000
    5,887 SF
    44751 Vlg Ct
    OFFICE BUILDING
    44751 Vlg Ct, Palm Desert, CA 92260-3826
    View Details
  • Value Estimation
    $1,550,000
    5,802 SF
    44901 Vlg Ct
    OFFICE BUILDING
    44901 Vlg Ct, Palm Desert, CA 92260-3814
    View Details
  • Value Estimation by Request
    4,962 SF
    39800 Portola Ave
    OFFICE BUILDING
    39800 Portola Ave, Palm Desert, CA 92260-0620
    View Details
  • Value Estimation by Request
    4,962 SF
    39830 Portola Ave
    OFFICE BUILDING
    39830 Portola Ave, Palm Desert, CA 92260-0623
    View Details

Similar Nearby for Sale

  • $2,950,000
    9,790 SF
    Multi-Tenant Office Building
    Signalized-corner positioning, covered parking, and on-site signage support convenient access for office occupants.
    73993 Hwy 111, Palm Desert, CA 92260
    View Details
  • New
    Contact for pricing
    25,053 SF
    Palm Desert Office Building
    Premier office location with abundant retail amenities and strong demographics.
    44100 Monterey Ave, Palm Desert, CA 92260
    View Details
  • New
    $1,500,000
    Renovated Mid-Century Office Building
    William Krisel-designed office with updated systems and refined interior finishes.
    72245 El Paseo, Palm Desert, CA 92260
    View Details

Similar in This City for Lease

  • New
    Contact for pricing
    10,000 sqft
    High Image Office Building
    Office building across from College of the Desert.
    73271 Fred Waring Dr., Palm Desert, CA 92260
    View Details
  • New
    Contact for pricing
    Palm Desert Office Space Available
    High-profile office building with unique architectural features and central courtyard.
    78000 Fred Waring Drive #103, Palm Desert, CA 92211
    View Details
  • Contact for pricing
    Office Building with Freeway Signage
    Premium business park office space with freeway-visible tenant signage and ample parking on-site.
    Palm Desert, CA 92211
    View Details
  • New
    Contact for pricing
    Class A Office Building
    Class A office property with architecturally distinctive design, finished shared areas, freeway-facing signage, and access to major regional routes.
    Palm Desert, CA 92211
    View Details
  • New
    Contact for pricing
    100,000 sqft
    Prime Office Space Available
    Office space for rent in ideal mid-valley location.
    36-867 to 36-963 Cook Street |, Palm Desert, CA 92211
    View Details
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