72630 Dinah Shore DrPalm Desert, CA 92211

  • Retail properties
  • 24,446 SF
For Sale
$4,750,000 View listing

Property Details for 72630 Dinah Shore Dr

Year built
1992
Construction
TILT-UP CONCRETE
Lot size
2.30 AC
Property size (Sq ft)
24,446 SF
Zone code
CPS
Property type
Retail properties
Property subtype
Retail space
APN
685-020-006
APU
685020006

Description

This exceptional 24,800 square foot Class A medical retail building, situated on a 2.3-acre lot in Palm Desert, CA (92211), presents a unique investment opportunity. Built in 1992 and renovated in 2011, the single-story property boasts 21-foot ceilings and features two suites, with 12,800 square feet currently available. The minimum divisible space is 12,800 square feet, while the maximum contiguous space is the entire 24,800 square feet. The property includes two loading docks and ample parking (4.5 spaces per 1,000 square feet). Located at the dominant retail intersection of Dinah Shore Drive, this highly visible location benefits from freeway access (Interstate 10) and proximity to a high-volume Costco. The property is zoned C-1 and enjoys a low tax rate of $1.61 per square foot. This prime location serves a thriving community of 425,000 year-round residents, 150,000 seasonal residents, and 3 million annual tourists, further enhanced by the recent opening of the Coachella Valley Arena and numerous ongoing residential developments. This presents a remarkable chance to establish a presence in a rapidly expanding area with significant growth potential. The property offers great exposure for essential retailers and service providers.

72630 Dinah Shore Dr, Palm Desert, California

Location Insight

City
Palm Desert
County
Riverside
State
California
Latitude
33.8029
Longitude
-116.392
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$45,105
$713,194
$2,853,297
$3,566,491
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