Entity Owned 
For Sale
1 / 77
$5,500,000
2825 East Tahquitz Canyon Way, Palm Springs, CA 92262
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Property summary
AI-generated overview
Tahquitz Place is a professionally managed, multi-tenant commercial property configured as a center with an elevator and ADA-compliant common areas. The site includes renovated former office space—over 4,000 square feet—incorporated into an executive suite area with a professional reception setup, with the renovations completed in 2025. The property is positioned along the Tahquitz corridor and includes a prominent corner water feature or fountain. Tenant uses within the center have included a mix of retail, medical, coffee shop and café, law offices, and private professional offices/executive suites. Off-street parking is provided with approximately 107 parking stalls, and the property is located near Palm Springs International Airport as well as municipal and civic destinations including the Police Department, Downtown attractions, City Hall and Building Department, and the court houses.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
TILT-UP CONCRETE
Total area
2,704 SF
Lot
2.27 ac (98,881 SF)
Zoning code
P
APN
502-530-005
UPID
US09-2552928
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bank Loan Service
-
Medical Clinic
-
Family Counselor
-
Family Counselor
-
Social Service Agency Charitable Organization
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$619k
Blend (final)
Blend
$630k
Owner & transaction history
since 2021
2 recorded transactions
Zoning & alternative use
P · Palm Springs, CA
Zoning description
d. § 92.07.02 Uses prohibited. § 92.07.03 Property development standards for mobilehome parks. § 92.07.04 Property development standards within the mobilehome park. § 92.07.05 Property maintenance standards. § 92.08.00 "…
General category
COMMERCIAL
Top alternative use upside
Warehouse, storage
$935,000
+36.8%
Retail stores
$920,000
+34.5%
Medical building
$740,000
+8.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 10 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$630k
Value range
$567k – $693k
±10% around blend
Estimated value / SF
$233 / SF
Confidence
High
10 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$567k
blend $630k
$693k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,704 SF
Lot area
2.27 ac
Year built
1981
Stories
1
APN
502-530-005
Zoning
P
Assessed value
$3,767,285
Annual tax
$48,799
3
Income approach: direct capitalization
Partial preview
Income approach indication
$695k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$755k
@ 6.5% CAP return
$695k
@ 7% CAP return
$645k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$48,799
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$989k
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
40.3 mi away · 2,555 SF
43.2 mi away · 2,560 SF
43.5 mi away · 2,176 SF
43.8 mi away · 2,304 SF
43.8 mi away · 2,342 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$630k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 20 sales
$253
-8%
Submarket 32 sales
$238
-2%
County 622 sales
$272
-14%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $233/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+37%
vs current-use indication
Retail Stores
Medical Building
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
9.14%
Selected cap rate for this office buildings
Derived from the Palm Springs market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.14%
9.0%
NOI (est.)
$503k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.50M
Move the market yield to see immediate price impact.
Value / SF
$2,034
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.64%9.14%9.64%
$452k
$5.24M
$4.95M
$4.69M
$503k
$5.82M
$5.50M
$5.22M
$553k
$6.40M
$6.05M
$5.74M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$940k
10.3 mi · Nov 2025 · $418/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$48,799
Tax year 2024
Assessed value
$3,767,285
Assessed 2024
Previous assessed
$3,767,285
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$753,458
Assessed improvement
$3,013,827
Applied tax rate
11.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Stories
1
Units
4
Total area
2,704 SF
Lot
2.27 ac (98,881 SF)
Zoning code
P
APN
502-530-005
UPID
US09-2552928
Jurisdiction
RIVERSIDE
Zoning & alternative use
P · Palm Springs, CAZoning P · permitted uses
P · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
d. § 92.07.02 Uses prohibited. § 92.07.03 Property development standards for mobilehome parks. § 92.07.04 Property development standards within the mobilehome park. § 92.07.05 Property maintenance standards. § 92.08.00 "…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
3
Units
4
Lot
2.27 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
P
COMMERCIAL
Jurisdiction
Palm Springs, CA
Recorded code
P
Official district
P
Official district profile
What the municipal code says about P
Zoning description
d. § 92.07.02 Uses prohibited. § 92.07.03 Property development standards for mobilehome parks. § 92.07.04 Property development standards within the mobilehome park. § 92.07.05 Property maintenance standards. § 92.08.00 "…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for P in Palm Springs, CA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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