Technical
Financial
Distress signals
Property profile

74590 Hwy 111 Palm Desert, CA 92260

OFF-MARKET
Grocery and convenience stores
Property ID
US09-1940604
62,410 SF 4.17 ac lot Built 1997
Trust Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1997
Construction TILT-UP CONCRETE
Total area 62,410 SF
Lot 4.17 ac (181,645 SF)
Zoning code S
APN 625-100-063
UPID US09-1940604

Cap rate & NOI

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

Location

74590 Hwy 111 Palm Desert, CA 92260-3804
Palm Desert metro Census 45127 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$13.77M
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.02M

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2018
Price N/A
2018
$12.4M
2017
Price N/A
2014
Price N/A
2013
Price N/A
2006
Price N/A

Zoning & alternative use

S · 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 74590 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