Financial
Distress signals
Property profile

73995 El Paseo Palm Desert, CA 92260

OFF-MARKET
Retail space
Property ID
US09-0900130
15,377 SF 1.86 ac lot Built 1996
Last sale Jan 2026 · $6,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial site in Palm Desert, California, located on the corner of El Paseo and Portola and includes two buildings along El Paseo Drive: a former Roberge Jewelers building at 73995 El Paseo Drive and a Mitch’s restaurant building at 73951 El Paseo Drive. The combined building area is reported to be approximately 23,000 to 26,000 square feet. The former Roberge Jewelers building includes about 11,475 square feet on the first level plus an approximately 232-square-foot

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$62k
Tax billed · 2024
Assessed value$5.09M
Assessed land$1.16M
Assessed improvement$3.93M
Effective rate1.23%

Value estimate

· Sep 2026
$3.45M
$3.11M – $3.80M
CAP approach$3.39M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$377/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$182 – $561
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C1
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.6
Auto Repair Shop11.5
Convenience Store11.4

Location

73995 El Paseo Palm Desert, CA 92260-4326
County assessor Recorded deeds · 6 transfers 6 qualifying comp sales 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
73301 Hwy 111, Palm Desert, CA 92260-3943 $1,750,000 Feb 2026 8,620 SF
73690 El Paseo, Palm Desert, CA 92260-4310 $1,850,000 Dec 2025 7,044 SF
72996 El Paseo, Palm Desert, CA 92260-3303 $3,900,000 Aug 2023 9,933 SF
73101 Hwy 111, Palm Desert, CA 92260-3933 $7,800,000 May 2022 18,148 SF
72811 Hwy 111, Palm Desert, CA 92260-3312 $12,020,000 Mar 2022 22,969 SF
72850 El Paseo, Palm Desert, CA 92260-3302 $12,020,000 Mar 2022 9,728 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
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