73993 Hwy 111 Palm Desert, CA ^$ 2,950,000

73993 Hwy 111

^$ 2,950,000

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Recently Listed

73993 Hwy 111

Palm Desert, CA, 92260

^$ 2,950,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 18,164

Listed by Desert Pacific Properties

73993 Hwy 111, Palm Desert, CA 92260 - Image 1

73993 Hwy 111, Palm Desert, CA 92260 - Image 2

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73993 Hwy 111, Palm Desert, CA 92260 - Image 4

73993 Hwy 111, Palm Desert, CA 92260 - Image 5

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73993 Hwy 111, Palm Desert, CA 92260 - Image 7

73993 Hwy 111, Palm Desert, CA 92260 - Image 8

73993 Hwy 111, Palm Desert, CA 92260 - Image 9

73993 Hwy 111, Palm Desert, CA 92260 - Image 10

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73993 Hwy 111, Palm Desert, CA 92260 - Image 12

73993 Hwy 111, Palm Desert, CA 92260 - Image 13

Commercial Property for sale in Palm Desert, CA

for $2,950,000. This building was built in 2000 on a lot size of 0.27.

9,506 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.

Commercial Active

Price

^$ 2,950,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.27

Year Built

2000

Town/City

Palm Desert

County/Region

Riverside

MLS | Web ID

219147555DA

Days on Market

Features

General

Heating Central

Utilities Electricity Connected

HOA Fee 0

Year Built 2000

Business Type Multi-Tenant

County Riverside

Property Type Commercial Sale

Special Listing Conditions Standard

Status Active

Directions Please use GPS navigation to 73993 Hwy 111 Palm Desert CA 92260. Do not disturb tenants.

City Palm Desert

MLS Area 323 - South Palm Desert

Lot Size Units Square Feet

Lot Size Square Feet 11761

Listing Terms Cash

Standard Status Active

Cap Rate 2.78

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Lot Features Corner Lot Landscaped Street Level

Total Parking 0

Lot Size Area 11761

Lot Size Acres 0.27

Lot Size Source Assessor

* Excluded Features

List By

Desert Pacific Properties

Broker

susan@dppllc.com

Affordability Calculator

$18,164

Per Month

Monthly Principal & Interest: $18,164
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Palm Desert, CA

Average List Price ^$1,094,163

Percent of Sale Price 63%

About Palm Desert, CA

53,356 Population

23% Since 2002

^$59,396 Median Income

54.08 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2026	$2,950,000		Listed Price

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73993 Hwy 111, Palm Desert, CA, 92260 is a Commercial Property for sale at $2,950,000 with a lot size of 0.27. 73993 Hwy 111 was built in 2000. The property's zip code is 92260 which is in Palm Desert, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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73993 Hwy 111

Commercial Property for sale in Palm Desert, CA

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