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Property profile & analytics
OFF-MARKET
Estimated value
$5,565,000
Medical Office Space
39700 Bob Hope Dr, Rancho Mirage, CA 92270-3267
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-3755846
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1986
Construction
WOOD
Total area
32,158 SF
Lot
1.96 ac (85,377 SF)
Zoning code
PUDL
APN
685-300-007
UPID
US09-3755846
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
-
Dr. Iliana Popescu, MD Physician
-
Stacey Julie Dental Office
-
Comprehensive Pain Care Center Physician
-
Milauskas Eye Institute: Thomas Karin MD Physician
-
Dezelan Marianne K Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.03M
Comparable Approach
Comparable
$5.96M
Blend (final)
Blend
$5.57M
Owner & transaction history
Eisenhower Medical Center · 7 yrs held
Eisenhower Medical Center
since 2018
2 recorded transactions
Zoning & alternative use
PUDL · 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%
$5,450,000
6.5%
$5,030,000
7%
$4,670,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$8,790,000
Current use
Blend value · Realmo final
$5.57M
Range $5.01M – $6.12M · ±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
$173 / 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
$46,044
Tax year 2024
Assessed value
$15,350,182
Assessed 2024
Previous assessed
$15,350,182
+0.0% YoY
Effective rate
0.30%
On assessed value
Assessed land
$2,159,197
Assessed improvement
$13,190,985
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
1986
Construction
WOOD
Heating
NONE
Stories
3
Total area
32,158 SF
Lot
1.96 ac (85,377 SF)
Zoning code
PUDL
APN
685-300-007
UPID
US09-3755846
Jurisdiction
RIVERSIDE
Zoning & alternative use
PUDL · Rancho Mirage, CA
Zoning PUDL · permitted uses
PUDL · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$8.8M
MEDICAL BUILDING Current
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
1986
Construction
WOOD
Heating
NONE
Stories
3
Lot
1.96 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
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2018
—
Eisenhower Medical Center
Eisenhower Properties LLC
Quit Claim Deed
$17,774 · Eisenhower Medical Ctr
Jan 12, 2005
$11,139,500
Eisenhower Properties LLC
Mirage Building Assocs-ph One
Grant Deed
$19,975,000 · * Other Institutional Lenders
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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