Richard Park
Listed by Richard Park
$5,890,000
Las Sombras Village
Details
APN 640020055
Property Type Mixed Use, Office
Sub Type Restaurant, Shopping Center
Square Footage 19,123
Cap Rate 4.48%
NOI $263,718
Occupancy 86%
Price per SqFt $308
Broker Co-Op Yes
Class B
Year Built 1986
Buildings 1
Stories 2
Acreage 2.570
Investment Type Stabilized
Sale Condition 1031 exchange
Mixed Use | 4.48% CAP | 19,123 SqFt
Marketing description
Ideally, located street front retail on major thoroughfare throughout the entire Coachella Valley California Highway 111 daily need center located in retail epicenter in the heart of the Coachella Valley with an outstanding variety of boutiques, thrift stores, and major retailers located in the hub of shopping, dining, entertainment, and the heart of Palm Desert. Major retailers like Target, saks, Fifth Avenue, Bed Bath and Beyond, marshalls, TJ Maxx, Nordstrom rack and more.
Listing Contacts
Richard Park
Listed by Richard Park
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$263,718.00
$21,976.50/mo
Valuation Metrics
0
DSCR
4.48%
Cap Rate
4.48%
ROI
Map
Zoning
PC-4 PlannedPlanned Commercial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 88 uses
View all 88 uses Last updated May 11, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
