Thousand Palms, CA
Commercial Real Estate Market Trends & Data

$419 Avg asking sale price
$1,951 Avg asking lease rate
22,059 SF Avg unit lease size
36,400 SF Avg building size for sale
5.68% Average cap rate

Thousand Palms's Demographic Profile

Thousand Palms has 3,366 households and a median income of $56,904, providing context for rent absorption and tenant demand across retail and multifamily assets. A +7% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 8,994
# Households 3,366
Median age 47
Median household income $56,904
Avg household size 3.0
Renter-occupied housing units 811
5-year population change +7%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Thousand Palms, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Rancho Mirage $329 9,782 SF 6.00%
Cathedral City $252 16,665 SF 7.23%
Desert Hot Springs $332 3,844 SF 6.86%
Palm Desert $301 16,139 SF 6.67%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Cathedral City $237 19,546 SF 7.23%
Desert Hot Springs $187 228,364 SF 6.86%
Nearby Retail Markets Avg Cost/SF Typical Size
Thousand Palms $637 19,969 SF
Rancho Mirage $444 17,112 SF
Cathedral City $368 54,601 SF
Desert Hot Springs $663 4,324 SF
Palm Desert $443 12,808 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Rancho Mirage $255 9,490 SF 6.00%
Cathedral City $289 8,990 SF 6.00%
Desert Hot Springs $315 3,781 SF 5.03%
Palm Desert $370 3,986 SF 8.95%

Commercial Properties For Sale in Thousand Palms

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

72350 Quarry Trl

Thousand Palms, CA 92276

  • 7,500 SF Industrial Building
  • $1,773,750
For Sale

Bldg L

Palm Desert, CA 92211

  • 2,580 SF Office Building
  • $1,161,000
For Sale

77570 Enfield Ln

Palm Desert, CA 92211

  • 9,122 SF Industrial Building
  • $2,250,000
For Sale

72055 & 72087 Watt, Thousand Palms, CA

Thousand Palms, CA

  • Lots
  • $599,998

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Thousand Palms $419 36,400 SF
Rancho Mirage $377 15,452 SF
Cathedral City $299 54,244 SF
Desert Hot Springs $375 144,982 SF

Regional Demographic Comparison

This comparison places Thousand Palms 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 Thousand Palms or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Thousand Palms 8,994 3,366 47 $56,904 3 811 7%
Rancho Mirage 27,618 13,994 66 $101,327 2 2,569 14%
Cathedral City 56,318 20,113 42 $61,469 3 7,327 7%
Desert Hot Springs 35,805 11,387 34 $42,924 3 5,618 6%
Sky Valley 2,270 881 49 $42,500 2 178 2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Thousand Palms, 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 Thousand Palms

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

Thousand Palms 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 Thousand Palms?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Thousand Palms. 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 Thousand Palms?

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

How does Thousand Palms compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Thousand Palms. 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 Thousand Palms acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Thousand Palms, 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.

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