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Financial
Distress signals
Property profile

67590 Jones Rd Cathedral City, CA 92234

FOR SALE
Hotels
Property ID
US10-2277433
16,500 SF 0.71 ac lot Built 1989
Last sale Mar 2008 · $2,000
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located in Cathedral City, California, the property is a ten-unit, hotel-style complex that was previously configured as a condominium development; conversion back to a condominium or a timeshare-style structure may be possible. The site is positioned away from Highway 111 while remaining within walking distance of retail, dining, services, car dealerships, and public transportation, with Highway 111 and the Coachella Valley main thoroughfare nearby. The property has two-bedroom, two-bathroom…

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?
$29k
Tax billed · 2024
Assessed value$2.37M
Assessed land$468k
Assessed improvement$1.90M
Effective rate1.22%

Value estimate

· Oct 2026
$2.44M
$2.19M – $2.68M
AI approach$2.44M
CAP approach$1.56M
NOI build-up
Gross scheduled income$248k
Vacancy & credit loss−$35k
Operating expenses−$112k
NOI · 2.81% cap applied$101k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$547/SF
County average, outlier-cleaned · 125 recorded sales of this use type
Observed band · Q1–Q3$228 – $1,196
Qualifying comparables3

Cap rate analysis

How does the asset earn?
2.81%
$101k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
A2
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 agency20.0
Dental Office18.3
Law Firm18.3

Location

67590 Jones Rd Cathedral City, CA 92234
County assessor Recorded deeds · 100 transfers 3 qualifying comp sales 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

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
69151 Palm Cyn, Cathedral City, CA 92234-1420 $117,500 Nov 2024 46,528 SF
67711 30th, Cathedral City, CA 92234-5833 $23,563,000 Apr 2022 133,920 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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