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Property profile & analytics
OFF-MARKET
Turn key restaurants
682 Palm Cyn Dr Palm Springs, CA 92264-0701
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0972450
Property summary
AI-generated overview
This exceptional 3,000 square foot free-standing retail building presents a rare investment opportunity in the vibrant city of Palm Springs, California. Located at 682 S Palm Canyon Dr, 92264, this single-tenant property boasts a highly desirable drive-thru configuration, perfectly positioned on a signalized corner intersection. The strategic location on Palm Canyon Drive and Sunny Dunes Road ensures exceptional visibility and accessibility, with an estimated 40,000 vehicles passing daily. The building's prominent placement allows for excellent branding opportunities, enhanced by existing eyebrow and monument signage. This property offers a unique blend of convenience and high traffic exposure, making it an ideal location for a variety of retail businesses seeking a strong presence in a thriving market. The property type is retail, with a drive-thru subtype and single tenancy. Its coordinates are 33.8126488 latitude and -116.54428100000001 longitude. This is a truly remarkable opportunity to acquire a high-impact retail space in a prime Palm Springs location.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1998
Construction
WOOD
Total area
2,950 SF
Lot
0.46 ac (20,037 SF)
Zoning code
W-C-2
APN
508-132-045
UPID
US09-0972450
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pacific Rivera LLC · 13 yrs held
Pacific Rivera LLC
since 2012
5 recorded transactions
Zoning & alternative use
W-C-2 · Palm Springs, 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 Palm Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,312
Tax year 2024
Assessed value
$1,056,359
Assessed 2024
Previous assessed
$1,056,359
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$193,159
Assessed improvement
$863,200
Applied tax rate
11.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1998
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,950 SF
Lot
0.46 ac (20,037 SF)
Zoning code
W-C-2
APN
508-132-045
UPID
US09-0972450
Jurisdiction
RIVERSIDE
Zoning & alternative use
W-C-2 · Palm Springs, CA
Zoning W-C-2 · permitted uses
W-C-2 · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Pacific Rivera LLC
Entity
Mailing address
2966 WILSHIRE BLVD, LOS ANGELES, CA 90010-1128
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2012
$875,000
Pacific Rivera LLC
228 Diamond Street LLC
Grant Deed
—
Sep 30, 1999
$1,100,000
228 Diamond Street LLC
Fountainhead-csg LLC
Grant Deed
$650,000 · Valley Independent Bank
Jul 15, 1998
—
Fountainhead Csg LLC
—
Grant Deed
related
$1,057,000 · Upland Bank
—
—
Fountainhead-csg LLC
—
Deed Of Trust
related
$220,000 · Upland Bank
—
—
228 Diamond Street LLC
—
Deed Of Trust
related
$611,000 · Canyon National Bank
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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