Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    73373 Country Clb Dr Palm Desert, CA 92260-8624
    Property profile & analytics

    73373 Country Clb Dr Palm Desert, CA 92260-8624

    View on Map
    • Apartment buildings
    • 1,116 SF
    • 24.17 lot acres
    Off-Market
    Property ID
    US10-3263075
    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.
    Value Estimations
    $780,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sky Limit Fitness, LLC / Gym & Fitness Center
    • Dr. Albert J. Katafias, DDS / Dental Office
    • The Mariachi Academy / Training Center / Tutoring Service
    • The Regent Palm Desert Apartment Homes / Apartment Building / Apartment Complex
    • Desert Marketer / Advertising Agency / Marketing & Advertising

    Property Details for 73373 Country Clb Dr

    Year built
    1986
    Construction
    WOOD
    Lot size
    24.17 lot acres
    Property size
    1,116 SF
    Zone code
    C1
    Property type
    Apartment buildings
    APN
    622-370-012
    APU
    622370012

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $705,000
      Current use
      COMMERCIAL (GENERAL)
      $1,140,000
      Change: +62% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $960,000
      Change: +37% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Palm Desert
    County
    Riverside
    State
    California
    Longitude
    -116.384
    Latitude
    33.756
    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
    $1,124,611
    $16,174,244
    $58,103,844
    $74,278,088
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2.63 Acres

      73875 Santa Rosa Way

      APARTMENT HOUSE (5+ UNITS) • 2.63 Acres
      73875 Santa Rosa Way, Palm Desert, CA 92260-2948
      View Details
    • Value Estimation by Request
      302,092 SF

      74401 Hovley E Ln

      APARTMENT HOUSE (100+ UNITS) • 302,092 SF
      74401 Hovley E Ln, Palm Desert, CA 92260-1702
      View Details
    • Value Estimation by Request
      0.75 Acres

      43925 Monterey Ave

      APARTMENT HOUSE (5+ UNITS) • 0.75 Acres
      43925 Monterey Ave, Palm Desert, CA 92260-9333
      View Details
    • Value Estimation by Request
      7.25 Acres

      73315 Country Clb Dr

      APARTMENT HOUSE (100+ UNITS) • 7.25 Acres
      73315 Country Clb Dr, Palm Desert, CA 92260-8665
      View Details
    • Value Estimation
      $43,500,000
      214,678 SF

      40445 Portola Ave

      APARTMENT HOUSE (100+ UNITS) • 214,678 SF
      40445 Portola Ave, Palm Desert, CA 92260-1692
      View Details
    • Value Estimation
      $505,000
      2,533 SF

      44519 San Anselmo Ave

      APARTMENT HOUSE (5+ UNITS) • 2,533 SF
      44519 San Anselmo Ave, Palm Desert, CA 92260-2822
      View Details

    Similar Nearby for Sale

    • $9,499,000

      Unique Multifamily Community with Upside

      26-unit multifamily community with strong rental appeal and upside.
      72805 Parkview Dr, Palm Desert, CA 92260
      View Details
    • $8,499,000
      4 SF

      Multifamily Community in Palm Desert

      26-unit multifamily property with rental upside in prime location.
      72805 Parkview Dr, Palm Desert, CA 92260
      View Details
    • $3,995,000

      Palm Desert Garden Apartments

      25-unit multifamily property in Palm Desert, California.
      73600 San Gorgonio Way, Palm Desert, CA 92260
      View Details
    • $6,845,000
      22,200 SF

      Palm Desert Condominium Package Deal

      37-unit condominium package near El Paseo shopping district.
      74380 El Camino, Palm Desert, CA 92260
      View Details
    • $865,000

      Modern Duplex in Palm Desert

      New construction duplex with pool and spa, income potential.
      44393 Lingo Ln, Palm Desert, CA 92260
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space For Lease

      Retail spaces available for lease.
      73101-73111 Country Club Dr, Palm Desert, CA 92260
      View Details
    • $950 /Mo
      6,351 SF

      Highway 111 Office/Retail Space

      Office/retail space on Highway 111 with private restrooms.
      73925 California 111, Palm Desert, CA 92260
      View Details
    • $1.85 SF/Yr

      Highway 111 Frontage Suites

      Office or retail suites with great parking and signage.
      74-051 Thru 74-065 Hwy 111, Palm Desert, CA 92260
      View Details
    • Contact for pricing

      Prime Location on Hwy 111

      Located on Hwy 111 with high visibility and accessibility.
      Palm Desert, CA 92260
      View Details
    • $15,000 /Mo

      Equipped Restaurant Space on Highway

      8000 sq ft restaurant space on Highway 111.
      74700 Highway 111, Palm Desert, CA 92260
      View Details
    • Contact for pricing

      Palm Desert Retail Spaces Available

      Retail spaces for lease in Palm Desert, California.
      74884 Country Club Dr, Palm Desert, CA 92260
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    73373 Country Clb Dr
    Palm Desert, CA 92260-8624
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    73373 Country Clb Dr, Palm Desert, CA, 92260
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!