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Property profile & analytics
OFF-MARKET
Estimated value
$2,335,000
Strip malls
2500 Palm Cyn Dr Ste B5 Palm Springs, CA 92262-1867
Trust Owned
8-yr Hold
Free & Clear
Property ID
US10-2912680
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1984
Construction
TILT-UP CONCRETE
Total area
18,279 SF
Lot
0.4 ac (17,424 SF)
Zoning code
PD136
APN
504-140-053
UPID
US10-2912680
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
-
McLean Company Property Management Company Real Estate Agency
-
Boomerang for Modern Furniture & Home Goods Home Decor Store
-
Racquetclub Center Shopping Center & Mall
-
Escape Room Palm Springs Arcade & Gaming Center
-
Darren L Stewart Chiro Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.34M
Owner & transaction history
Mclean Family Trust · 8 yrs held
Mclean Family Trust
since 2018
7 recorded transactions
Zoning & alternative use
PD136 · Palm Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$128 / 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
$10,464
Tax year 2024
Assessed value
$854,183
Assessed 2024
Previous assessed
$854,183
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$242,557
Assessed improvement
$611,626
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Stories
1
Units
3
Total area
18,279 SF
Lot
0.4 ac (17,424 SF)
Zoning code
PD136
APN
504-140-053
UPID
US10-2912680
Jurisdiction
RIVERSIDE
Zoning & alternative use
PD136 · Palm Springs, CA
Zoning PD136 · permitted uses
PD136 · 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.
Building & site characteristics
From public records
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
3
Units
3
Lot
0.4 ac
Current owner
From public records · entity-resolved
Mclean Family Trust
Trust
Free & Clear · 8 yrs held
Mailing address
2500 N PALM CYN DR STE B5, PALM SPRINGS, CA 92262-1867
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2018
—
Mclean Family Trust
Racquetclub Center LP
Grant Deed
related
—
Dec 28, 2016
—
Racquetclub Center LP
Mclean Family Trust
Grant Deed
—
Sep 25, 2015
$736,000
Mclean Family Trust
C K Financial INC Trust
Grant Deed
—
May 13, 2011
—
C K Financial INC Employee Ben
Nailor,m Jay & Mishell
Deed In Lieu Of Foreclosure
related
—
May 15, 2006
$1,300,000
M Jay Nailor
Pierre L Piponniau
Grant Deed
$1,200,000 · Newport Home Loan INC
Jul 9, 1999
—
Pierre L Etal Piponniau
Piponniau,pierre L Etal
Quit Claim Deed
related
—
Feb 9, 1995
$750,000
Peirre Piponniau
Wells Fargo Bank
Grant Deed
—
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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