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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Medical Office Space
46100 Washington St, La Quinta, CA 92253-2042
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1437345
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2001
Construction
WOOD
Total area
4,631 SF
Lot
0.73 ac (31,798 SF)
Zoning code
CPS
APN
604-050-038
UPID
US09-1437345
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
-
Desert Neurology & Sleep, Palm Desert CA Physician
-
Dr. Antoine J. El Hajjar, MD Physician Medical Clinic
-
Desert Sleep Institute Physician
-
TIM LEKIC Physician Medical Clinic
-
Desert Neurology & Sleep Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.04M
Owner & transaction history
Aje Desert Ventures LLC · 8 yrs held
Aje Desert Ventures LLC
since 2018
4 recorded transactions
Zoning & alternative use
CPS · La Quinta, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.4M
+8.1%
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 La Quinta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Quinta 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%
$785,000
6.5%
$725,000
7%
$675,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,265,000
Current use
WAREHOUSE, STORAGE
$1,370,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$1,260,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±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
$225 / 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
$26,351
Tax year 2024
Assessed value
$2,132,058
Assessed 2024
Previous assessed
$2,132,058
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$886,834
Assessed improvement
$1,245,224
Applied tax rate
20.0000
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
2001
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,631 SF
Lot
0.73 ac (31,798 SF)
Zoning code
CPS
APN
604-050-038
UPID
US09-1437345
Jurisdiction
RIVERSIDE
Zoning & alternative use
CPS · La Quinta, CA
Zoning CPS · permitted uses
CPS · La Quinta, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Quinta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
MEDICAL BUILDING Current
WAREHOUSE, STORAGE
OFFICE BUILDING
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
2001
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Aje Desert Ventures LLC
Entity
Mailing address
17 SHERWOOD RD, RANCHO MIRAGE, CA 92270-1648
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2018
—
Aje Desert Ventures LLC
—
Deed
related
$908,000 · Cdc Small Busn Fin
Jan 19, 2018
$1,725,000
Aje Desert Ventures LLC
Firstbank
Grant Deed
$1,157,569 · Firstbank
Jun 25, 1999
$638,500
Firstbank
Washington,tners
Grant Deed
related
—
—
—
Aje Desert Ventures LLC
—
Deed Of Trust
related
$908,000 · Cdc Small Busn Fin
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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