Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Office buildings
2045 Tahquitz Cyn Way Palm Springs, CA 92262-7003
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2969357
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
WOOD
Total area
4,288 SF
Lot
0.28 ac (12,196 SF)
Zoning code
R2
APN
502-171-008
UPID
US09-2969357
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
-
NOBELL Energy Solutions Production Facility
-
Wintec Energy Ltd Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.20M
Owner & transaction history
Wintec Energy Ltd · 1 yrs held
Wintec Energy Ltd
since 2025
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
R2 · Palm Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.9M
+70.9%
Warehouse, storage
$1.5M
+36.8%
Retail stores
$1.5M
+34.5%
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
$1,130,000
ML approach
$1,195,000
CAP Approach
CAP Return
Estimation
6%
$1,200,000
6.5%
$1,105,000
7%
$1,025,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,085,000
Current use
AUTO REPAIR, GARAGE
$1,850,000
Change: +71% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,480,000
Change: +37% · Conversion: Difficult
RETAIL STORES
$1,455,000
Change: +34% · Conversion: Moderate
MEDICAL BUILDING
$1,170,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.30M (Feb 14 2025)
Last sale anchor
$1.30M
Feb 14 2025
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
$280 / 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
$12,288
Tax year 2024
Assessed value
$970,000
Assessed 2024
Previous assessed
$970,000
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$300,000
Assessed improvement
$670,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,288 SF
Lot
0.28 ac (12,196 SF)
Zoning code
R2
APN
502-171-008
UPID
US09-2969357
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
OFFICE BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
MEDICAL 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
1981
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Wintec Energy Ltd
Individual
Mailing address
2045 E TAHQUITZ CYN WAY, PALM SPRINGS, CA 92262-7003
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2025
$1,300,000
Wintec Energy Ltd
Frederick W Noble
Grant Deed
—
Nov 20, 2023
$615,000
Frederick W Noble
2045 Tahquitz Investment Partners L
Grant Deed
—
Nov 20, 2012
$630,000
2045 Tahquitz Investment Partn
Grotta-long Trust
Grant Deed
$535,500 · Grotta-long Trust (pt)
Feb 24, 2009
—
Grotta-long Trust
2045 Tahquitz Ptshp
Grant Deed
related
—
Apr 30, 2004
$250,500
Paul A Kaplan
Mountain Gate Palm Springs
Grant Deed
$200,334 · Countrywide Bank
Apr 20, 1995
$461,818
Grotta,leonard D
Goldberg,leonard A
Trustees Deed
$375,000 · Valley Bank
Apr 20, 1995
—
2045 Tahquitz
Grotta,leonard D Etal
Trustees Deed
related
—
—
—
Leonard A Goldberg
—
Deed Of Trust
related
$480,000 · Individual
—
—
2045 Tahquitz Partnership
—
Deed Of Trust
related
$300,000 · Wells Fargo Bank
—
—
2045 Tahquitz Ptshp
—
Deed Of Trust
related
$56,000 · Harutun Ethel S 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2045 Tahquitz Cyn Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
