Property profile

40101 Monterey Ave Rancho Mirage, CA 92270

OFF-MARKET
Grocery and convenience stores
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Property ID
US09-3661880
58,823 SF 5.87 ac Built 2003
Last sale Sep 2019·$24,478,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$386k
Tax billed · 2024
Assessed value$26.25M
Assessed land$6.54M
Assessed improvement$19.70M
Effective rate1.47%

Value estimate

· Nov 2026
$13.90M
$12.51M – $15.29M
CAP approach$12.97M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$331/SF
County average, outlier-cleaned · 927 recorded sales of this use type
Observed band · Q1–Q3$163 – $593

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-N
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency35.0
Building Supply34.2
Restaurant31.1

Location

40101 Monterey Ave Rancho Mirage, CA 92270-3258
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
69550 Hwy 111, Rancho Mirage, CA 92270-2825 $1,260,000 Jul 2023 12,153 SF
71905 Hwy 111, Rancho Mirage, CA 92270-4800 $8,477,000 Mar 2023 28,000 SF
70190 Hwy 111, Rancho Mirage, CA 92270-2931 $5,100,000 Nov 2022 23,432 SF
70125 Hwy 111, Rancho Mirage, CA 92270-2915 $2,050,000 Oct 2021 11,966 SF
72027 Hwy 111, Rancho Mirage, CA 92270-4942 $2,300,000 Jun 2021 6,435 SF
36101 Bob Hope, Rancho Mirage, CA 92270-2001 $300,000 Feb 2019 49,860 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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