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45175 Panorama Dr
Palm Desert, CA 92260
Panorama Professional Building (For Sale) · Office Property For Sale

Investment Highlights

  • Auction Site: https://rimarketplace.com/auction/1964/panorama-professional-building-value-add-medical-office-opportunity
  • Abundant private COVERED parking in a serene/secure setting!
  • Low Price PSF - Below replacement cost with +4.30/1,000 SF parking ratio.
  • Multi-use, eclectic Building provides difficult to find "smaller" Suites!
  • Value Add Opportunity - The current rents are below market rates and common area space can be reclaimed from the exposed hallway on the 2nd floor

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
7,200 SF
Building Class
B
Year Built
1985
Percent Leased
70%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,600 SF
Slab To Slab
10’
Building FAR
0.55
Lot Size
0.30 AC
Zoning
C05
Parking
91 Spaces (12.64 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Courtyard
  • Fenced Lot
  • Security System
  • Signage
  • Storage Space
  • Bicycle Storage
  • Central Heating
  • Fully Carpeted
  • Direct Elevator Exposure
  • Natural Light
  • Secure Storage
  • Drop Ceiling
  • Outdoor Seating
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
625-122-019
Land Assessment
$200,000
Improvements Assessment
$800,000
Total Assessment
$1,000,000
  • Listing ID: 31316975

  • Date on Market: 3/24/2024

  • Last Updated:

  • Address: 45175 Panorama Dr, Palm Desert, CA 92260

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