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Property profile & analytics
FOR SALE
Retail space
34275 Monterey Ave Rancho Mirage, CA 92270
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0625946
For Sale
1 / 24
Contact for pricing
34275 Monterey Ave, Rancho Mirage, CA 92270
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2003
Construction
WOOD
Total area
45,586 SF
Lot
3.5 ac (152,460 SF)
Zoning code
W220
APN
685-070-012
UPID
US09-0625946
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
-
SJVC Rancho Mirage College Adult Education School
-
Desert Saver CPR Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.13M
Owner & transaction history
34 Rancho Mirage LLC · 8 yrs held
34 Rancho Mirage LLC
since 2017
6 recorded transactions
Zoning & alternative use
W220 · Rancho Mirage, 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 Rancho Mirage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rancho Mirage 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,470,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$8.13M
Range $7.32M – $8.94M · ±10%
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
$178 / 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
$146,354
Tax year 2024
Assessed value
$8,935,720
Assessed 2024
Previous assessed
$8,935,720
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$2,275,657
Assessed improvement
$6,660,063
Applied tax rate
17.0000
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
For Sale
Year built
2003
Construction
WOOD
Heating
NONE
Stories
2
Total area
45,586 SF
Lot
3.5 ac (152,460 SF)
Zoning code
W220
APN
685-070-012
UPID
US09-0625946
Jurisdiction
RIVERSIDE
Zoning & alternative use
W220 · Rancho Mirage, CAZoning W220 · permitted uses
W220 · Rancho Mirage, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$13.5M
WAREHOUSE, STORAGE
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
2003
Construction
WOOD
Heating
NONE
Stories
2
Lot
3.5 ac
Current owner
From public records · entity-resolved
34 Rancho Mirage LLC
Entity
Mailing address
1808 ASTON AVE STE #150, CARLSBAD, CA 92008-7367
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2018
—
34 Rancho Mirage LLC
—
Deed
related
$3,000,000 · Wells Fargo Bank NA
Dec 22, 2017
—
34 Rancho Mirage LLC
Exeter 17312 De LLC
Grant Deed
—
Jun 28, 2017
$7,606,500
Exeter 17312 De LLC
Satisfied Investments LLC
Grant Deed
—
Dec 14, 2010
$2,700,000
Satisfied Investments LLC
Equitrust Life Ins Co
Grant Deed
$2,700,000 · Equitrust Life Insurance Co
Oct 15, 2009
—
Equitrust Life Ins Co
7100 Holdings LLC
Grant Deed
—
Sep 30, 2009
$1,500,000
7100 Holdings LLC
First American Title Ins
Trustees Deed
related
—
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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