73255 El PaseoPalm Desert, CA 92260
- Retail properties
- 25,127 SF
Property Details for 73255 El Paseo
- Year built
- 1978
- Construction
- WOOD
- Lot size
- 1.31 AC
- Property size (Sq ft)
- 25,127 SF
- Zone code
- C1
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 627-251-001
- APU
- 627251001
Description
Located on prestigious El Paseo Drive in Palm Desert, CA, Sage Place offers exceptional medical office space. This Class A, two-story building totaling 25,630 square feet sits on a 1.31-acre lot and features 79 parking spaces. Built in 1977, with renovations completed in 2999, the property boasts one elevator and is served by Southern California Edison. Currently, 6,950 square feet of space is available, divisible into units ranging from 770 to 1,760 contiguous square feet. The building has a total of 25,630 square feet and is zoned C-1. The property is situated at 73255 El Paseo, Palm Desert, CA 92260, conveniently located near El Paseo Drive & Sage Ln, in the El Paseo submarket cluster of Riverside County. The address is within the Palm Desert submarket. The property's APN is 627251001. Multiple tenancy options are available. This prime location offers excellent visibility and accessibility, making it an ideal opportunity for medical professionals seeking a prestigious address in the heart of Palm Desert.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $10,151,696
- 6.5%
- $9,370,796
- 7%
- $8,701,454
-
Comparable approach
- Method
- Valuation
- Relative Method
- $11,107,760
- Geo Method
- $22,286,754
-
Alternative Use
- Use
- Valuation
- Residential
- $7,904,618
- Hospitality
- $7,240,587
- Educational
- $6,024,084
- Medical
- $6,231,261
- Retail
- $9,370,796
Location Insight
- City
- Palm Desert
- County
- Riverside
- State
- California
- Latitude
- 33.7192
- Longitude
- -116.387
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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