Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    673 Sunny Dunes Rd Palm Springs, CA 92264-8193
    Back to Search
    Property profile & analytics

    673 Sunny Dunes Rd, Palm Springs, CA 92264-8193

    View on Map
    • Retail space
    • 1,248 SF
    • 0.18 lot acres
    Off-Market
    Last Sale Feb 22, 2024
    $500,000
    Property ID
    US09-1400790
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kennard's Automotive aka Auto Diagnostic Center / Auto Repair Shop / Vehicle Inspection Center

    Property Details for 673 Sunny Dunes Rd

    Year built
    1930
    Construction
    TILT-UP CONCRETE
    Lot size
    0.18 lot acres
    Zone code
    CM
    Property type
    Retail space
    APN
    508-163-005
    APU
    508163005

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 22, 2024 $500,000 673 Building LLC James Eden Kennard Grant Deed $400k · Kennard Trust
    Mar 24, 2016 — Kennard Trust Kennard,james & Lorraine Quit Claim Deed · related —
    Jul 1, 1990 $60,000 Kennard James Rudnick Robert Trustees Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Palm Springs
    County
    Riverside
    State
    California
    Longitude
    -116.542
    Latitude
    33.812
    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
    $1,752
    $114,387
    $7,044
    $121,431
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      611 Palm Cyn Dr Ste, Unit 7

      STORE, RETAIL OUTLET
      611 Palm Cyn Dr Ste, Palm Springs, CA 92264-7420
      View Details
    • Value Estimation
      $3,530,000
      28,163 SF

      555 Palm Cyn Dr

      RETAIL STORES (PERSONAL SERVICES)
      555 Palm Cyn Dr, Palm Springs, CA 92264-7469
      View Details
    • Value Estimation
      $1,680,000
      10,672 SF

      1502 Palm Cyn Dr

      RETAIL STORES (PERSONAL SERVICES)
      1502 Palm Cyn Dr, Palm Springs, CA 92264-8342
      View Details
    • Value Estimation by Request
      3,133 SF

      4057 Palm Cyn Dr

      RETAIL STORES (PERSONAL SERVICES)
      4057 Palm Cyn Dr, Palm Springs, CA 92264-5233
      View Details
    • Value Estimation by Request
      2,140 SF

      4811 Ramon Rd

      RETAIL STORES (PERSONAL SERVICES)
      4811 Ramon Rd, Palm Springs, CA 92264
      View Details
    • Value Estimation by Request
      840 SF

      667 Calle Palo Fierro

      RETAIL STORES (PERSONAL SERVICES)
      667 Calle Palo Fierro, Palm Springs, CA 92264-7460
      View Details

    Similar Nearby for Sale

    • $4,500,000

      Palm Springs Business Park Opportunity

      Three-building industrial park on Indian lease land near downtown.
      5000 Calle San Raphael, Palm Springs, CA 92264
      View Details
    • Contact for pricing
      5,924 SF

      Palm Springs Retail Space

      5,924 SF retail space in Palm Springs, California.
      590 S Indian Canyon Dr, Palm Springs, CA 92264
      View Details
    • $4,500,000

      Palm Springs Business Park Opportunity

      Three-building industrial and flex space on Indian lease land.
      5055 Calle San Raphael, Palm Springs, CA 92264
      View Details
    • $3,949,000

      Prime Palm Springs Retail Opportunity

      Upgraded retail space in central Palm Springs with high visibility.
      4765 Ramon Rd, Palm Springs, CA 92264
      View Details
    • $1,700,000
      4,360 SF

      Palm Springs Commercial Opportunity

      Versatile commercial property in Palm Springs with high visibility.
      693 E Sunny Dunes Rd, Palm Springs, CA 92264
      View Details
    • Contact for pricing
      6,582 SF

      Versatile Commercial Building Near Airport

      6,582 SF building suitable for retail, commercial, or industrial uses.
      1227 S Gene Autry Trl, Palm Springs, CA 92264
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr

      Former Restaurant in Palm Springs

      Former restaurant space with equipment in south Palm Springs.
      1901 E Palm Canyon Dr, Palm Springs, CA 92264
      View Details
    • $3 SF/Yr

      Upscale Suites in Emerging Area

      Pre-lease suites in a new upscale building in Palm Springs.
      605 East Sunny Dunes Rd, Palm Springs, CA 92264
      View Details
    • Contact for pricing

      Retail Space in Palm Springs

      Retail and office suites in established neighborhood center.
      150-1775 E Palm Canyon Dr, Palm Springs, CA 92264
      View Details
    • Contact for pricing

      Retail Space in Rimrock Plaza

      Retail spaces available in renovated Rimrock Plaza with strong co-tenants.
      4711-4791 E Palm Canyon Dr, Palm Springs, CA 92264
      View Details
    • $2.00 SF/Yr

      Palm Springs Retail Space Available

      Retail space in established Palm Springs shopping center for lease.
      2465 Palm Canyon Dr, Palm Springs, CA 92264
      View Details
    • $2 SF/Yr

      Palm Springs Mixed-Use Retail Complex

      Prominent mixed-use complex with high visibility and flexible lease terms.
      611-633 S Palm Canyon Dr, Palm Springs, CA 92264
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    673 Sunny Dunes Rd
    Palm Springs, CA 92264-8193
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    673 Sunny Dunes Rd, Palm Springs, CA, 92264
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!