140 North Luring Dr Palm Springs, CA 92262
This exceptional 9,850-square-foot medical office building is strategically located in central Palm Springs, California, at 140 N. Luring Dr, 92262. Boasting a modern design and situated on a 0.61-acre lot, the property offers convenient access from E. Tahquitz Canyon Way and N. Sunrise Way. The building has undergone significant renovations in recent years, resulting in a high-quality, updated space. Ample private covered parking is available for tenants and visitors. Panoramic mountain views are visible from all sides of the building. This single-building property presents a unique opportunity for owner-users seeking to occupy a portion of the space while generating income from leasing the remaining suites. The asking price is $1,950,000, translating to a price per square foot of $197.97. This represents a compelling investment opportunity in a desirable location within Riverside County. The property's prime location and recent renovations make it an attractive option for medical professionals and investors alike. The building's multi-use design offers flexibility for a variety of medical practices or related businesses.
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Jay Jorgensen, DDS Dental Office
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Gerald E. Chang, DDS, Inc. Dental Office
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PS...Test Charitable Organization Social Service Agency
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Dr. Andrew Harrison Physician
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Dr. Christopher Rapoff Alternative Medicine Practice
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
P · Palm Springs, CAPalm Springs. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.