72605 Highway 111Palm Desert, CA 92260

Property Details for 72605 Highway 111

Year built

1984

Construction

TILT-UP CONCRETE

Lot size

0.43 AC

Property size (Sq ft)

5,772 SF

Zone code

PC3SP

Property type

Retail properties

Property subtype

Retail space

APN

640-160-017

APU

640160017

Description

This exceptional 1,491 square foot executive office suite is ideally located at 72605 Highway 111, Suite B4, in Palm Desert, California, within Riverside County. The entire space is currently vacant and available for lease as a single-tenant occupancy. The property is classified as an office building, specifically an executive office suite, offering a sophisticated and professional environment. The address is easily accessible from Highway 111, providing excellent visibility and convenient access for clients and employees. The suite's 1,491 square feet provide ample space for a variety of business needs, allowing for flexible configuration to suit individual requirements. This presents a unique opportunity for businesses seeking a prestigious and well-located office space in the thriving Palm Desert market. The zip code is 92260. The property is situated at latitude 33.7221942 and longitude -116.3983478. This single-tenant space offers a streamlined and efficient work environment, perfect for businesses seeking a dedicated and private office location. The property is ready for immediate occupancy. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $2,331,977

  6.5%

  $2,152,594

  7%

  $1,998,838

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,551,598

  Geo Method

  $5,119,558

• Alternative Use

  Use

  Valuation

  Residential

  $1,815,794

  Hospitality

  $1,663,257

  Educational

  $1,383,811

  Medical

  $1,431,402

  Retail

  $2,152,594

Location Insight

City

Palm Desert

County

Riverside

State

California

Latitude

33.7223

Longitude

-116.398

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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