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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Medical Office Space
1921 Tahquitz Cyn Way Palm Springs, CA 92262-7001
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-3325403
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Construction
WOOD
Total area
2,512 SF
Lot
0.29 ac (12,632 SF)
Zoning code
R2
APN
502-171-005
UPID
US09-3325403
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Tahquitz Dental Group Palm Springs Dental Office
-
Palm Springs Dental Implant Center Dental Office
-
CHRISTIAN ROBERT SMALL Physician
-
Dr. Armound Mahmoudi Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$810k
Owner & transaction history
1921 Tahquitz LLC · 4 yrs held
1921 Tahquitz LLC
since 2022
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
R2 · Palm Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+58.0%
Warehouse, storage
$870,000
+26.4%
Retail stores
$855,000
+24.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Palm Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$775,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$685,000
Current use
AUTO REPAIR, GARAGE
$1,085,000
Change: +58% · Conversion: Difficult
WAREHOUSE, STORAGE
$870,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$855,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$635,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$810k
Range $729k – $891k · ±10% · vs last sale $800k (Jun 10 2022)
Last sale anchor
$800k
Jun 10 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$322 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$11,351
Tax year 2024
Assessed value
$832,320
Assessed 2024
Previous assessed
$832,320
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$208,080
Assessed improvement
$624,240
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,512 SF
Lot
0.29 ac (12,632 SF)
Zoning code
R2
APN
502-171-005
UPID
US09-3325403
Jurisdiction
RIVERSIDE
Zoning & alternative use
R2 · Palm Springs, CA
Zoning R2 · permitted uses
R2 · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$870,000
RETAIL STORES
Est. value
$855,000
OFFICE BUILDING
Est. value
$635,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
1921 Tahquitz LLC
Entity
Mailing address
1921 E TAHQUITZ CYN WAY, PALM SPRINGS, CA 92262-7001
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2022
$800,000
1921 Tahquitz LLC
Armound Mahmoudi Dos INC
Grant Deed
$640,000 · Provide INC
Dec 27, 2012
$530,000
Armound Mahmoudi Dds INC
Richard J Gill
Grant Deed
$487,600 · Wells Fargo Bank NA
Mar 17, 2003
—
Richard J Gill
—
Trustees Deed
related
$400,000 · Canyon National Bank
Jun 15, 2000
$96,000
Richard J Gill
Mcthomas Trust
Grant Deed
$64,200 · Canyon National Bank
May 1, 1990
$43,500
Courtesy Exchang
Kral Ken
Trustees Deed
—
—
—
Sta Katzbrosamle
—
Deed Of Trust
related
$90,000 · Hugh S Dev Corp
—
—
Richard J Gill
—
Deed Of Trust
related
$500,000 · Pacific Western Bank
—
—
Richard J Gill
—
Deed Of Trust
related
$437,163 · California Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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