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Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Office buildings
2150 Tahquitz Cyn Way Palm Springs, CA 92262-7045
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3114571
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
WOOD
Total area
7,115 SF
Lot
1.24 ac (54,014 SF)
Zoning code
R2
APN
502-084-009
UPID
US09-3114571
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
-
Palm Springs Family & Cosmetic Dentistry Dental Office
-
Susan Brennan D.C Alternative Medicine Practice
-
Askat Ruzyev, LAC Alternative Medicine Practice Spa & Massage Center
-
James B. Perdue Jr, Lac Alternative Medicine Practice Acupuncture
-
Priceless Carpet & Tile Care Carpet Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.44M
CAP Approach
CAP
$1.84M
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.74M
Owner & transaction history
Jane Lundin · 3 yrs held
Jane Lundin
since 2022
Last sale
$2.1M
4 recorded transactions
Zoning & alternative use
R2 · Palm Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.5M
+36.8%
Retail stores
$2.4M
+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
$1,480,000
ML approach
$1,440,000
CAP Approach
CAP Return
Estimation
6%
$1,985,000
6.5%
$1,835,000
7%
$1,705,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,795,000
Current use
WAREHOUSE, STORAGE
$2,460,000
Change: +37% · Conversion: Difficult
RETAIL STORES
$2,415,000
Change: +34% · Conversion: Moderate
Blend value · Realmo final
$1.74M
Range $1.56M – $1.91M · ±10% · vs last sale $2.10M (Oct 18 2022)
Last sale anchor
$2.10M
Oct 18 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
$244 / 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
$27,152
Tax year 2024
Assessed value
$2,142,000
Assessed 2024
Previous assessed
$2,142,000
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$816,000
Assessed improvement
$1,326,000
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
1982
Construction
WOOD
Heating
NONE
Stories
1
Units
3
Total area
7,115 SF
Lot
1.24 ac (54,014 SF)
Zoning code
R2
APN
502-084-009
UPID
US09-3114571
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
$1.8M
WAREHOUSE, STORAGE
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
RETAIL STORES
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
1982
Construction
WOOD
Heating
NONE
Stories
1
Units
3
Lot
1.24 ac
Current owner
From public records · entity-resolved
Jane Lundin
Individual
Mailing address
1400 PINNACLE CT APT #411, POINT RICHMOND, CA 94801-4178
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2022
$2,100,000
Jane Lundin
2150 Tahquitz LLC
Grant Deed
$1,470,000 · Advantis Cu
Sep 29, 2022
—
The 2150 Tahquitz LLC
Raymond Howard
Quit Claim Deed
related
—
Sep 21, 1995
—
Gouvis Holdings LP
Gouvis,nicholas A Etal
Quit Claim Deed
related
—
—
—
Gouvis Holdings LP
—
Deed Of Trust
related
$682,250 · Gouvis Holdings LP
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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