1775 Palm Canyon DrPalm Springs, CA 92264

Property Details for 1775 Palm Canyon Dr

Lot size

0.11 AC

Zone code

C1

Property type

Land

Property subtype

Commercial land

APN

504-060-011

APU

504060011

Description

Smoke Tree Village, a 10,636 square foot shopping center in Palm Springs, CA, presents a compelling investment opportunity. This established neighborhood center, built in 1962, boasts a diverse tenant mix anchored by Ralphs Supermarket and Ace Hardware. The property comprises six single-story buildings situated on a 4.15-acre lot at 1775 E Palm Canyon Dr, 92264, in Riverside County. The center features a variety of retail spaces, restaurants, and service businesses, catering to a well-established residential area including single-family homes, apartments, hotels, and restaurants. The property is zoned NC and offers a multi-tenant occupancy with a 5-year lease term. Individual spaces are available, making it ideal for both established businesses and startups. A notable feature is a free-standing, former bank building with a drive-thru, offering unique potential. The lease type is NNN, and tenants are credit-rated, providing financial stability. The property's convenient location and low rental rates make it an attractive investment for those seeking a strong return in a thriving Palm Springs community. The property offers small, conveniently located spaces perfect for startup businesses looking to establish themselves in a well-established commercial area.

• Alternative Use

  Use

  Valuation

  Residential

  $1,507,184

  Hospitality

  $1,380,573

  Educational

  $1,148,620

  Medical

  $1,188,123

  Retail

  $1,786,743

Location Insight

City

Palm Springs

County

Riverside

State

California

Latitude

33.8553

Longitude

-116.555

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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