New search
Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Medical Office Space
35800 Bob Hope Dr 120, Rancho Mirage, CA 92270-1707
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3729720
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
WOOD
Total area
4,299 SF
Lot
0.1 ac (4,488 SF)
Zoning code
O
APN
685-121-021
UPID
US09-3729720
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
-
Empire Physicians Medical Group Medical Clinic
-
Rancho Mirage Surgery Center Medical Clinic
-
Murray Donald Taylor, MD Pediatrician Physician
-
Dr. Joshua Taifer, MD Physician
-
Dr. Dennis A. Sarti, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$638k
Blend (final)
Blend
$695k
Owner & transaction history
35-800 Bob Hope Drive LLC · 14 yrs held
35-800 Bob Hope Drive LLC
since 2012
5 recorded transactions
Zoning & alternative use
O · 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%
$730,000
6.5%
$670,000
7%
$625,000
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$162 / 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
$24,929
Tax year 2024
Assessed value
$1,643,329
Assessed 2024
Previous assessed
$1,643,329
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$411,907
Assessed improvement
$1,231,422
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,299 SF
Lot
0.1 ac (4,488 SF)
Zoning code
O
APN
685-121-021
UPID
US09-3729720
Jurisdiction
RIVERSIDE
Zoning & alternative use
O · Rancho Mirage, CA
Zoning O · permitted uses
O · Rancho Mirage, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rancho Mirage. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
35-800 Bob Hope Drive LLC
Entity
Free & Clear · 14 yrs held
Mailing address
2025 PIONEER CT, SAN MATEO, CA 94403-1719
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Feb 15, 2012
$15,250,000
35-800 Bob Hope Drive LLC
Kw Copeland LLC
Grant Deed
—
Aug 19, 2011
$10,000,000
Hotel Majestic LLC
Chicago Title Co
Trustees Deed
related
—
Nov 16, 2007
$420,500
Properties Ten Copeland
Copeland Properties Twelve
Grant Deed
related
—
Oct 18, 2006
$469,500
Copeland Properties Thirteen
Copeland Properties Twelve
Grant Deed
related
—
May 16, 2006
—
Copeland Properties Twelve
Rancho Mirage Prof Plz LLC
Grant Deed
$1,400,000 · Pacific Western National Bank
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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