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Property profile & analytics
FOR LEASE
Office buildings
69-730 Highway 111 Rancho Mirage, CA 92270
Individually Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3065702
For Lease
1 / 2
$37,230,000
69-730 Highway 111, Rancho Mirage, CA 92270
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
WOOD
Total area
48,611 SF
Lot
2.93 ac (127,630 SF)
Zoning code
PUDC
APN
674-490-043
UPID
US10-3065702
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
$50.58M
Blend (final)
Blend
$37.23M
Owner & transaction history
Jewish Federation Of Palm Springs · 14 yrs held
Jewish Federation Of Palm Springs
since 2011
7 recorded transactions
Zoning & alternative use
PUDC · Rancho Mirage, 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 Rancho Mirage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rancho Mirage 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$37.23M
Range $33.51M – $40.95M · ±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
$766 / 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
$101,047
Tax year 2024
Assessed value
$7,446,128
Assessed 2024
Previous assessed
$7,446,128
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$1,985,634
Assessed improvement
$5,460,494
Applied tax rate
17.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1988
Construction
WOOD
Heating
NONE
Stories
2
Total area
48,611 SF
Lot
2.93 ac (127,630 SF)
Zoning code
PUDC
APN
674-490-043
UPID
US10-3065702
Jurisdiction
RIVERSIDE
Zoning & alternative use
PUDC · Rancho Mirage, CA
Zoning PUDC · permitted uses
PUDC · Rancho Mirage, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rancho Mirage. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
NONE
Stories
2
Lot
2.93 ac
Current owner
From public records · entity-resolved
Jewish Federation Of Palm Springs
Individual
Free & Clear · 14 yrs held
Mailing address
2907 SHELTER IS DR, SAN DIEGO, CA 92106-2743
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2011
$1,590,000
Jewish Federation Of Palm Springs
Fin Of Co Partners
Grant Deed
—
Aug 16, 2011
—
Fin Of Co Partners
Fin Of Co Partners
Quit Claim Deed
related
$6,500,000 · Thrivent Financial For Luthera
Aug 10, 2005
—
Fin Of Co Partners
University Executive Park LLC
Grant Deed
$3,699,169 · University Executive Park LLC
Jan 20, 2005
—
Ronald C Smith
Smith,debi
Quit Claim Deed
related
—
Jan 3, 2005
—
University Executive Park LLC
501 Asuza LLC
Quit Claim Deed
related
—
Dec 14, 2004
—
501 Azusa LLC
Creative Cap Leasing Group LLC
Quit Claim Deed
related
—
Dec 1, 1989
—
Land Intermediar
University Assoc
Trustees Deed
related
—
—
—
Scott R Smith
—
Deed Of Trust
related
—
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.
Try Rey
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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