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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Strip malls
42452 Bob Hope Dr Rancho Mirage, CA 92270-4435
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1109403
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Construction
WOOD
Total area
8,425 SF
Lot
0.42 ac (18,295 SF)
Zoning code
PUDC
APN
682-320-006
UPID
US09-1109403
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
-
Dickey's Barbecue Pit Take-out & Catering Catering Service
-
Trailer Birds Restaurant
-
Wing Boss Restaurant
-
Big Deal Burger Restaurant
-
Waxing The City Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$612k
Blend (final)
Blend
$940k
Owner & transaction history
Acs Rancho Las Palmas Ca LLC · 2 yrs held
Acs Rancho Las Palmas Ca LLC
since 2024
7 recorded transactions
Zoning & alternative use
PUDC · 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
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±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
$112 / 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
$47,789
Tax year 2024
Assessed value
$2,991,728
Assessed 2024
Previous assessed
$2,991,728
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$408,277
Assessed improvement
$2,583,451
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Total area
8,425 SF
Lot
0.42 ac (18,295 SF)
Zoning code
PUDC
APN
682-320-006
UPID
US09-1109403
Jurisdiction
RIVERSIDE
Zoning & alternative use
PUDC · Rancho Mirage, CA
Zoning PUDC · permitted uses
PUDC · 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
1980
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Acs Rancho Las Palmas Ca LLC
Entity
Mailing address
350 PNE ST STE #800, BEAUMONT, TX 77701-2434
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2024
—
Acs Rancho Las Palmas Ca LLC
G&iix Rancho LP
Grant Deed
$200,000,000 · Wells Fargo Bank NA
Aug 16, 2022
—
G&i Ix Rancho LP
—
Deed
related
$32,860,000 · First Citizens Bank & Trust Co
Sep 28, 2017
$41,425,000
G & L Ix Rancho LP
Ccf Pcg Las Palmas LLC
Grant Deed
—
Mar 31, 2014
$15,775,000
Ccf Pcg Las Palmas LLC
Atc Realty One LLC
Grant Deed
$17,800,000 · Bank Of America
Mar 15, 2012
$14,000,000
Atc Realty One LLC
First American Title
Trustees Deed
related
—
Dec 3, 2007
—
Pk 1 Rancho Las Palmas LP
Pan Pacific Rancho Las Palmas LLC
Grant Deed
$24,700,000 · Wells Fargo Bank NA
Sep 23, 1999
$20,200,000
Pacific Rancho Las Palmas Pan
Rancho Las Palmas Center Assn
Grant Deed
related
—
Jul 11, 1997
—
Rh Las Palmas Ctr Assoc
Las Palmas Cntr Assoc,
Quit Claim Deed
related
—
—
—
Rancho Las Palmas Center Assoc
—
Deed Of Trust
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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