Technical
Financial
Distress signals
Property profile

73547 Hwy 111 Palm Desert, CA 92260

OFF-MARKET
Strip malls
Property ID
US09-3368570
22,400 SF 5.15 ac lot Built 1966
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1966
Construction TILT-UP CONCRETE
Total area 22,400 SF
Lot 5.15 ac (224,334 SF)
Zoning code C1SP
APN 627-211-022
UPID US09-3368570

Cap rate & NOI

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

Location

73547 Hwy 111 Palm Desert, CA 92260-4006
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
$1.91M
Blend (final) Blend
$2.56M

Owner & transaction history

since 2019
5 recorded transactions
2019
Price N/A
1997
Price N/A
1990
$3.7M
1990
$2.2M
1990
$736,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 73547 Hwy 111?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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