$2,950,000
FOR SALEActive73993 CA-111
Palm Desert CA 92260
N/A
SF
Commercial
Type
2000
Built
N/A
Cost/SF
Listing Agent
Land Details
Location Analysis
About This Property
9,790 SF multi-tenant commercial building in the heart of Palm Desert. Ideal medical/professional building. Prime location at the signalized corner of Highway 111 and Portola Ave, with 54,071 average cars per day. Well-maintained property with covered parking onsite. High visibility with excellent signage. Close proximity to El Paseo, the Coachella Valley's premier luxury shopping and dining destination with businesses such as Gucci, Restoration Hardware, Louis Vuitton, Mastro's Steakhouse, Anthropologie, Apple, and more! Affluent demographics. The 6,000 SF lower level is on a month-to-month master lease which presents an ideal owner/user opportunity with high-quality tenants on the second level. *DO NOT DISTURB TENANTS* Call office for more information at (760) 360-8200 or Susan Harvey at (760) 250-8992.
Property Information
Property Overview
Commercial
Property Type
Active
Status
0.27 acres
Lot Size
2.78%
Cap Rate
2,000
Year Built
Property Highlights
N/A Property
Prime Location with High Visibility
2.78% Cap Rate
Location Analysis
Zoning & Use
Utilities & Systems
Investment Metrics
2.78%
Cap Rate
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Recent commercial sales in Palm Desert
- Sold $447,000SOLD73700 Dinah Shore Dr 101Sold May 2026Desert Pacific Properties | DRE #00957590Buyer's agent: Akeira Severing, Bennion Deville Homes | DRE #02041681
Sold $1,180,000SOLD73812 Dinah Shore DriveSold May 2026eXp Realty of California, Inc. | DRE #01913077Buyer's agent: Errikka Paiz, eXp Realty of California, Inc. | DRE #01913077
Sold $1,350,000SOLD74850 42nd AvenueSold Feb 2026Desert Pacific Properties | DRE #00702492Buyer's agent: Paula Turner, Desert Pacific Properties | DRE #00702492
- Sold $6,800,000SOLDMixed Use•2 units73995 El PaseoSold Jan 2026Windermere Real Estate | DRE #01728794Buyer's agent: Lindell Campbell, Equity Union | DRE #01303904
Sold $235,000SOLD77734 Country Club Dr LSold Dec 2025Desert Pacific Properties | DRE #00957590Buyer's agent: Nicole Beck, C 21 Coachella Valley RE | DRE #02026148
Sold $1,092,700SOLD14,244 SF•Industrial34300 Gateway Drive D120Sold Oct 2025RENKEN COMPANYBuyer's agent: John Xepoleas, Xepco, Inc. | DRE #01107405
Closed commercial sales reported, newest first.
CRMLS
MLS# 219154804DA
Listed:
Nalren refreshed:
Last updated
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Listed by: Desert Pacific Properties
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.