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    Property profile & analytics

    42500 Bob Hope Dr Rancho Mirage, CA 92270-4429

    • Strip malls
    • 8,607 SF
    • 1.34 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 16, 2024
    Location Intelligence
    Property ID
    US09-5118977
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rancho Las Palmas Dental Care: Robert Karl Jr DDS / Dentist
    • Mountainside Dental Group - Rancho Mirage / Dentist / Dental Implants Periodontist
    • Rancho Las Palmas Dental Care: Bullock C Holt DDS / Dentist
    • Pieology Pizzeria, Rancho Mirage, CA / Pizza Restaurant / Pizza Takeout
    • Starbucks / Internet Cafe / Breakfast Restaurant

    Property Details for 42500 Bob Hope Dr

    Year built
    1981
    Construction
    WOOD
    Lot size
    1.34 lot acres
    Property size
    8,607 SF
    Zone code
    PUDC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    682-320-031
    APU
    682320031

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rancho Mirage
    County
    Riverside
    State
    California
    Longitude
    -116.408
    Latitude
    33.7378
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $65,875
    $1,627,539
    $3,664,478
    $5,292,017
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      25,211 SF

      71626 Hwy 111

      SHOPPING CENTER, STRIP CENTER • 25,211 SF
      71626 Hwy 111, Rancho Mirage, CA 92270-4482
      View Details
    • Value Estimation by Request
      6,200 SF

      40101 Monterey Ave, Unit F

      SHOPPING CENTER, STRIP CENTER • 6,200 SF
      40101 Monterey Ave, Rancho Mirage, CA 92270-3261
      View Details
    • Value Estimation by Request
      9,648 SF

      42410 Bob Hope Dr

      SHOPPING CENTER, STRIP CENTER • 9,648 SF
      42410 Bob Hope Dr, Rancho Mirage, CA 92270-4447
      View Details
    • Value Estimation by Request
      8,425 SF

      42452 Bob Hope Dr

      SHOPPING CENTER, STRIP CENTER • 8,425 SF
      42452 Bob Hope Dr, Rancho Mirage, CA 92270-4435
      View Details
    • Value Estimation by Request
      8,255 SF

      42440 Bob Hope Dr

      SHOPPING CENTER, STRIP CENTER • 8,255 SF
      42440 Bob Hope Dr, Rancho Mirage, CA 92270-4439
      View Details
    • Value Estimation by Request
      4,500 SF

      40101 Monterey Ave, Unit B

      SHOPPING CENTER, STRIP CENTER • 4,500 SF
      40101 Monterey Ave, Rancho Mirage, CA 92270-3261
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      98,500 SF

      Rancho Mirage Marketplace Medical Office Space

      Prime Rancho Mirage retail & medical suites available.
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      Rancho Mirage Retail Space Available

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      Prime endcap available for restaurant, retail, or medical office.
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    • Contact for pricing
      162,380 SF

      Rancho Mirage Retail Center

      Prime Retail Space Available in Rancho Mirage
      42240-42540 Bob Hope Dr, Rancho Mirage, CA 92270
      View Details

    Property Visit Statistics

    • Visits by month
      13.6k
    • Visitors by month
      8.7k
    • Avg Time on site
      8 min
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    Rancho Mirage, CA 92270-4429
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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