Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1000 Palm Cyn Dr Palm Springs, CA 92264-8351

    • Office buildings
    • 7,800 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimations
    $1,050,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1771877
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr. Dennis J. Norheim DDS / Dentist
    • Palm Springs Smiles / Dentist
    • Ron Nayfack: Allstate Insurance / Home Insurance Agency / Insurance Company
    • Christopher Nayfack: Allstate Insurance / Insurance Agency / Auto Insurance Agency
    • The Modern Tour - Palm Springs / Sightseeing Tour Agency

    Property Details for 1000 Palm Cyn Dr

    Year built
    1978
    Lot size
    0.62 lot acres
    Property size
    7,800 SF
    Zone code
    C1
    Property type
    Office buildings
    APN
    508-291-034
    APU
    508291034

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Palm Springs
    County
    Riverside
    State
    California
    Longitude
    -116.545
    Latitude
    33.8083
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,616
    $406,836
    $474,644
    $881,480
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.05 Acres

      921 Crossley Rd

      OFFICE BUILDING • 1.05 Acres
      921 Crossley Rd, Palm Springs, CA 92264-3713
      View Details
    • Value Estimation by Request

      555 Sunrise Way Ste, Unit 114

      OFFICE BUILDING
      555 Sunrise Way Ste, Palm Springs, CA 92264-7885
      View Details
    • Value Estimation
      $1,985,000
      16,097 SF

      1001 Palm Cyn Dr

      OFFICE BUILDING • 16,097 SF
      1001 Palm Cyn Dr, Palm Springs, CA 92264-8347
      View Details
    • Value Estimation
      $1,010,000
      3,888 SF

      4045 Ramon Rd

      OFFICE BUILDING • 3,888 SF
      4045 Ramon Rd, Palm Springs, CA 92264-1231
      View Details
    • Value Estimation by Request
      2,633 SF

      1255 Ramon Rd

      OFFICE BUILDING • 2,633 SF
      1255 Ramon Rd, Palm Springs, CA 92264-7705
      View Details
    • Value Estimation by Request
      1,080 SF

      560 Paseo Dorotea 1st Ste, Unit 1

      OFFICE BUILDING • 1,080 SF
      560 Paseo Dorotea 1st Ste, Palm Springs, CA 92264-1434
      View Details

    Similar Nearby for Sale

    • $650,000

      Palm Springs Land with Mountain Views

      Land in Palm Springs with mountain views, ready for construction.
      442 E Avenida Palmera, Palm Springs, CA 92264
      View Details
    • $450,000

      Versailles Condo with Mountain Views

      Top-floor, renovated 2BR/2BA condo with mountain views and community amenities.
      1680 S Andee Dr, Palm Springs, CA 92264
      View Details
    • $1,195,000

      Palm Springs Property For Sale

      Palm Springs property available for sale.
      594 S Calle Encilia, Palm Springs, CA 92264
      View Details
    • $89,000

      Palm Springs 55+ Community Home

      Remodeled home in a 55+ community near downtown.
      73 Alesandro, Palm Springs, CA 92264
      View Details
    • $739,000
      2,096 SF

      Palm Springs Duplex with Pool

      South Palm Springs duplex with flexible living and investment opportunities.
      111 Canyon Rock Rd, Palm Springs, CA 92264
      View Details
    • $418,900
      748 SF

      South Palm Springs Condo with Garage

      Turnkey condo with mountain views, four-car garage, and resort amenities.
      870 E Palm Canyon Dr, Palm Springs, CA 92264
      View Details

    Similar Nearby for Lease

    • $780 /Mo
      380 SF

      Palm Springs Art Collective Space

      Creative and office spaces available for rent in Palm Springs.
      1502 S Palm Canyon Dr, Palm Springs, CA 92264
      View Details
    • $1.40 SF/Yr
      1,800 SF

      Office/Storage Space For Rent

      Office/storage space featuring reception, offices, kitchenette, and restroom.
      1237 S Gene Autry Trl, Palm Springs, CA 92264
      View Details
    • $850 /Mo
      550 SF

      Palm Springs Office Space Available

      Small office space for lease on S. Palm Canyon Dr.
      Palm Canyon Dr, Palm Springs, CA 92264
      View Details
    • $850 /Mo
      550 SF

      Palm Springs Office Space Available

      Office space for lease on S. Palm Canyon Drive.
      1502 S Palm Canyon Dr, Palm Springs, CA 92264
      View Details
    • Contact for pricing
      20,015 SF

      Palm Springs Retail Space Available

      High-traffic location, ±6,000 SF available.
      4711-4791 Palm Canyon Dr, Palm Springs, CA 92264
      View Details
    • $2,500,000

      Retail Property with Recent Renovations

      Well-located retail property with parking, visibility, and signage opportunities.
      2665 E Palm Canyon Dr, Palm Springs, CA 92264
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1000 Palm Cyn Dr
    Palm Springs, CA 92264-8351
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.