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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Retail space
3301 Micro Pl Palm Springs, CA 92262
Individually Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1456693
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
TILT-UP CONCRETE
Total area
8,863 SF
Lot
2.73 ac (118,918 SF)
Zoning code
W2
APN
660-160-031
UPID
US09-1456693
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
Douglas C Jones · 16 yrs held
Douglas C Jones
since 2010
7 recorded transactions
Zoning & alternative use
W2 · 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
$127 / 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
$5,853
Tax year 2024
Assessed value
$166,436
Assessed 2024
Previous assessed
$166,436
+0.0% YoY
Effective rate
3.52%
On assessed value
Assessed land
$166,436
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2008
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
1
Total area
8,863 SF
Lot
2.73 ac (118,918 SF)
Zoning code
W2
APN
660-160-031
UPID
US09-1456693
Jurisdiction
RIVERSIDE
Zoning & alternative use
W2 · Palm Springs, CAZoning W2 · permitted uses
W2 · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
1
Lot
2.73 ac
Current owner
From public records · entity-resolved
Douglas C Jones
Individual
Mailing address
899 TAMARISK RD, PALM SPRINGS, CA 92262-5735
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Jul 2, 2010
—
Douglas C Jones
Jones,terrence B
Quit Claim Deed
related
$275,000 · Coast Pain Mgmt Medical Group
Apr 11, 2006
—
Douglas C Jones
Jones,cecil P
Quit Claim Deed
related
—
Feb 18, 1999
—
Douglas C Jones
Jones,cecil P Etux
Quit Claim Deed
related
—
Jan 15, 1998
—
Cecil P Etux Jones
Jones,fmly Tr
Quit Claim Deed
related
—
Dec 18, 1997
—
Cecil P Etal Jones
Jones,fmly Tr
Quit Claim Deed
related
—
May 8, 1997
$252,000
Jones Trust
Lyons Trust
Grant Deed
$18,000 · Seller
Sep 5, 1996
—
David Etal Lyons
Rams Hotel & Restaurant S,
Grant Deed
related
—
Dec 2, 1994
$200,000
Lyons Trust
Palm Springs International Rac
Grant Deed
—
May 1, 1988
$65,000
Palm Springs Int
Maguire Ruth L
Grant Deed
—
—
—
Lyons Trust
—
Deed Of Trust
related
$23,569 · Jones 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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