1801 Tahquitz Cyn Way, Unit 1 Palm Springs, CA 92262-7120
Property profile & analytics
1801 Tahquitz Cyn Way, Unit 1, Palm Springs, CA 92262-7120
- Office buildings
- 11,414 SF
- 0.82 lot acres
Property ID
US10-2572937
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.
Location Intelligence
Current Use by Public Records
- Kathy Mao / Physician
- Dr. Sanjeev Grewal / Ophthalmologist
- Daniel DuBay Interior Design / Interior Design / Home Decor Store
- Acuity Eye Group - Palm Springs / Ophthalmologist
- Tom Chang / Ophthalmologist
Property Details for 1801 Tahquitz Cyn Way
- Year built
- 2008
- Construction
- WOOD
- Lot size
- 0.82 lot acres
- Property type
- Office buildings
- APN
- 502-161-010
- APU
- 502161010
Description
This exceptional Class A, single-story medical office building, totaling 8,968 square feet, presents a compelling investment opportunity in the heart of Palm Springs, California. Built in 2008, this fully occupied (100%) property boasts a desirable location on Tahquitz Canyon Way, a highly visible corridor connecting Palm Springs International Airport to the city center. The building features 50 parking spaces, including 20 covered spaces, providing a generous 5:1 parking ratio. The property sits on a 0.82-acre lot and offers a Net Operating Income (NOI) of $190,000, resulting in a 4.60% cap rate. The asking price is $3,895,000, translating to $434.32 per square foot. This fee-simple ownership opportunity is ideal for investors seeking a stable, high-performing asset in a prime Palm Springs location. The property's address is 1801 E Tahquitz Canyon Way, Building 2, Palm Springs, CA 92262 (APN: 502-161-010). The building's single-story design and ample parking cater perfectly to the needs of medical professionals and their patients. This is a rare opportunity to acquire a fully leased, high-quality asset in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,190,000
- 6.5%
- $2,945,000
- 7%
- $2,735,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,082,000
- AI Estimate
- $2,314,000
Market price range: $2.18M - $4.88MMarket price range: $448k - $2.61M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,885,000 Current use
- AUTO REPAIR, GARAGE
- $4,930,000 Change: +71% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $4,810,000 Change: +67% Conversion: Easy
- WAREHOUSE, STORAGE
- $3,945,000 Change: +37% Conversion: Difficult
- RETAIL STORES
- $3,875,000 Change: +34% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Palm Springs
- County
- Riverside
- State
- California
- Longitude
- -116.527
- Latitude
- 33.8227
- 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
$44,186
$964,981
$2,416,742
$3,381,723
-
$0.00
$0.00
$0.00
