City of Palm Desert Principal Property Taxpayers Current and Nine Years Ago

2025
TaxpayerTaxable Assessed ValuePercentage of Total City Tax Assessed Value
NEWAGE DesertSprings$ 189,442,4080.92%
Palm Desert Pacific Owner174,372,7840.85%
WVC Rancho Mirage Inc163,796,6780.80%
Gardens on El Paseo LLC150,740,4240.73%
PRU Desert Crossing LLC112,032,6490.54%
CC Cimarron LP74,278,0880.36%
First American Trust67,469,7510.33%
Walmart/Sams60,926,9690.30%
Life Storage57,662,0000.28%
Sunrise Spectrum56,497,6560.27%
Total$ 1,107,219,4075.38%
2016
TaxpayerTaxable Assessed ValuePercentage of Total City Tax Assessed Value
WEA Palm Desert$ 147,691,9361.07%
Marriott Desert Springs144,345,7891.05%
WVC Rancho Mirage Inc103,564,8560.75%
Gardens on El Paseo LLC103,104,3770.75%
PRU Desert Crossing LLC88,086,7710.64%
Monarch Sevilla Venture68,545,9570.50%
Walmart Real Estate Business Trust59,504,4290.43%
Marrakesh Comm Assoc54,218,1950.39%
Segovia Operations48,872,6700.35%
Sunrise Spectrum47,990,4060.35%
Total$ 865,925,3866.28%

Note: The estimated property tax revenue stated above is based upon net taxable values, tax ratios and base year values that impact the revenue calculation. As a result, parcels with the same assessed value that are assigned to different tax rate areas may contribute dissimilar amounts of total revenue to the City and Redevelopment Agency.

Source: HdL Coren & Cone thru Riverside County Assessor 22/23 and HdL Coren & Cone thru Riverside County Assessor 13/14