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74090 El Paseo
Palm Desert, CA 92260
El Paseo Professional Plaza · Office Property For Sale


Investment Highlights
- Prime El Paseo location with exceptional visibility, situated at the gateway to Palm Desert's premier luxury retail, dining, and business corridor.
- Existing 12870 Sq ft. with one of the few remaining El Paseo properties with future expansion and redevelopment potential
- Dual exposure from El Paseo and Highway 111, providing outstanding signage, accessibility, and access to one of Southern California's most affluent tr
Executive Summary
A Rare El Paseo Development & Investment Opportunity with Frontage on Two Premier Commercial Corridors. Located on world-famous El Paseo, this exceptional offering consists of 3 APNs inclusive of an existing 12,870 SF office property together with one of the few remaining buildable parcels along Palm Desert's most prestigious commercial corridor. The property enjoys highly desirable south-facing frontage on El Paseo, providing outstanding visibility, exposure, and access along the Desert's luxury retail, dining, and professional services destination. The northern portion of the property fronts Highway 111, one of the Coachella Valley's primary commuter and commercial arteries, benefiting from traffic counts exceeding approximately 30,000 plus vehicles per day The existing two-story office building provides immediate occupancy and income potential while the vacant front parcel offers a unique opportunity to create a retail location, signature office, or medical practice on one of Southern California's most sought-after business locations. Conceptual building renderings envision an approximate 2,500 SF building footprint capable of supporting up to 4,000 SF of additional two-story office or medical space, subject to buyer verification and City approvals. Surrounded by luxury retailers, fine dining establishments, resorts, and professional services, this offering presents a rare combination of current utility and future development potential. Whether utilized as a professional office headquarters, medical practice, owner-user property, investment asset, or redevelopment opportunity, this site offers flexibility rarely found on El Paseo. Property Highlights Existing 12,870 SF professional office building. Rare additional buildable parcel on El Paseo. South-facing frontage on El Paseo North-side frontage and visibility from Highway 111. Potential ±2,500 SF building footprint Potential ±4,000 SF two-story expansion (buyer to verify) Dedicated on-site parking serving both buildings. Premier Palm Desert location Ideal for mixed use, investment, or owner-user opportunities Significant long-term value-add potential World-class location. World-class visibility. World-class potential Opportunities to acquire a property with existing improvements, future development potential, dual-corridor exposure, and an iconic El Paseo address are extraordinarily rare. This is a chance to create a landmark property in a landmark location. Call for details
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
12,870 SF
Building Class
C
Year Built
1978
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,435 SF
Building FAR
0.34
Lot Size
0.87 AC
Zoning
District Downtown - Downtown (D) District. The Downtown (D) zone
introduces urban, multi-story buildings up to 3 stories tall
D.O. - Downtown Core Overlay District
Parking
40 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Central Heating
- Fully Carpeted
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,596,118 | |
| Land Assessment | $754,623 | Total Assessment | $2,350,741 |
Property Taxes
Parcel Numbers
Land Assessment
$754,623
Improvements Assessment
$1,596,118
Total Assessment
$2,350,741
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