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Property profile & analytics
OFF-MARKET
Estimated value
$2,085,000
Office buildings
2800 Alejo Rd Palm Springs, CA 92262-6253
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2475486
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1776
Lot
2.06 ac (89,733 SF)
Zoning code
M1P
APN
507-380-026
UPID
US09-2475486
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
-
Stroke Recovery Center Social Service Agency Charitable Organization
-
Neuro Vitality Center Medical Clinic
-
COVID-19 Vaccine Location-Desert Care Network – Palm Springs Health
-
CAARES Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.09M
Owner & transaction history
Eisenhower Medical Center · 2 yrs held
Eisenhower Medical Center
since 2024
Last sale
$2.1M
5 recorded transactions
Zoning & alternative use
M1P · 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
Method
Estimation
Statistic approach
$2,085,000
ML approach
$2,085,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.09M
Range $1.88M – $2.29M · ±10% · vs last sale $2.09M (Mar 22 2024)
Last sale anchor
$2.09M
Mar 22 2024
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
—
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
$31,048
Tax year 2024
Assessed value
$2,368,617
Assessed 2024
Previous assessed
$2,368,617
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$693,492
Assessed improvement
$1,675,125
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
1776
Heating
NONE
Lot
2.06 ac (89,733 SF)
Zoning code
M1P
APN
507-380-026
UPID
US09-2475486
Jurisdiction
RIVERSIDE
Zoning & alternative use
M1P · Palm Springs, CA
Zoning M1P · permitted uses
M1P · 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
1776
Heating
NONE
Lot
2.06 ac
Current owner
From public records · entity-resolved
Eisenhower Medical Center
Individual
Mailing address
39000 BOB HOPE DR, RANCHO MIRAGE, CA 92270-3221
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2024
$2,086,000
Eisenhower Medical Center
Stroke Recovery Center
Grant Deed
$1,029,924 · Stroke Recovery Center
Aug 15, 2013
—
Stroke Recovery Center
Stroke Recovery Center
Quit Claim Deed
related
—
Nov 19, 2009
—
Stroke Recovery Center
Palm Spgs Stroke Activity Ctr
Quit Claim Deed
—
Mar 15, 1996
$700,000
Springs Stoke Activity Palm
National University
Grant Deed
—
—
—
Natl University
—
Deed Of Trust
related
$13,000,000 · First Interstate Bank Californ
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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