Palm Desert, CA
Commercial Real Estate Market Trends & Data

Palm Desert's Demographic Profile

Palm Desert has 34,458 households and a median income of $78,938, providing context for rent absorption and tenant demand across retail and multifamily assets. A +12% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 72,445
# Households 34,458
Median age 56
Median household income $78,938
Avg household size 2.0
Renter-occupied housing units 11,022
5-year population change +12%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Palm Desert, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Palm Desert $301 16,139 SF 6.67%
Indian Wells $245 19,652 SF 6.67%
Rancho Mirage $329 9,782 SF 6.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
La Quinta $231 23,617 SF 6.25%
Cathedral City $237 19,546 SF 7.23%
Nearby Retail Markets Avg Cost/SF Typical Size
Palm Desert $443 12,808 SF
Indian Wells $477 20,601 SF
Rancho Mirage $444 17,112 SF
La Quinta $774 38,127 SF
Thousand Palms $637 19,969 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Palm Desert $370 3,986 SF 8.95%
Indian Wells $370 3,986 SF 8.95%
Rancho Mirage $255 9,490 SF 6.00%

Commercial Properties For Sale in Palm Desert

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Palm Desert Healthcare Facility

Palm Desert, CA 92211

  • 6,963 SF Office Building
  • $1,995,000
For Sale

Spyder Circle Land - Parcel 22

Palm Desert, CA 92211

  • 0.46 AC Lot
  • 1 Commercial Lot
  • $350,000
For Sale

74271 Highway 111

Palm Desert, CA 92260

  • 5,000 SF Retail Building
  • $1,250,000
For Sale

Fountain Plaza

Palm Desert, CA 92260

  • 21,783 SF Retail Building
  • 7.18% Cap Rate
  • $6,950,000
For Sale

42462-42414 Rancho Mirage Lane

Rancho Mirage, CA

  • Office Building
  • $2,235,000
For Sale

HMS Plaza West

Palm Desert, CA

  • Office Building
  • $7,950,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Palm Desert pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Palm Desert $350 19,830 SF
Indian Wells $368 18,559 SF
Rancho Mirage $377 15,452 SF
La Quinta $2,825 23,992 SF

Regional Demographic Comparison

This comparison places Palm Desert alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Palm Desert or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Palm Desert 72,445 34,458 56 $78,938 2 11,022 12%
Indian Wells 9,439 4,846 66 $120,339 2 908 16%
Bermuda Dunes 8,946 3,529 40 $77,826 3 1,641 7%
Rancho Mirage 27,618 13,994 66 $101,327 2 2,569 14%
La Quinta 52,500 22,303 54 $98,852 2 5,169 12%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Palm Desert, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Palm Desert

View All Commercial Real Estate For Sale in Palm Desert
Is Palm Desert a good market for a first-time commercial real estate investor?

Palm Desert offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Palm Desert?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Palm Desert. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Palm Desert?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Palm Desert. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Palm Desert compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Palm Desert. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Palm Desert acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Palm Desert, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.