Realmo Analytics

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Financial
Distress signals
Property profile

74225 Highway 111 B Palm Desert, CA 92260

FOR LEASE
Turn key restaurants
Property ID
US09-0976411
17,472 SF 0.66 ac lot Built 1992
Last sale Mar 2026 · $7,844,500
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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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?
$18k
Tax billed · 2024
Assessed value$1.48M
Assessed land$596k
Assessed improvement$885k
Effective rate1.23%

Value estimate

· Oct 2026
$985k
$887k – $1.08M
AI approach$640k
Submarket $/SF estimate$1.33M
NOI build-up
Gross scheduled income$135k
Vacancy & credit loss−$9k
Operating expenses−$32k
NOI · 4,849,641.03% cap applied$95k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$621/SF
County average, outlier-cleaned · 244 recorded sales of this use type
Observed band · Q1–Q3$264 – $1,116

Cap rate analysis

How does the asset earn?
4,849,641.03%
$95k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 Facility12.2
Convenience Store9.9
Storage Facility8.9

Location

74225 Highway 111, Unit B Palm Desert, CA 92260
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 18 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
72745 Hwy 111, Palm Desert, CA 92260-3310 $8,211,000 Jun 2024 11,541 SF
72755 Hwy 111, Palm Desert, CA 92260-3310 $8,211,000 Jun 2024 5,711 SF
73131 Country Clb, Palm Desert, CA 92260-2339 $17,750,000 Mar 2024 7,200 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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