Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,845,000
Office buildings
700 Tahquitz Cyn Way Palm Springs, CA 92262-6764
Trust Owned
Absentee Owner
Free & Clear
Property ID
US10-3149141
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Construction
WOOD
Total area
7,942 SF
Lot
1.8 ac (78,408 SF)
Zoning code
C1AA
APN
508-055-006
UPID
US10-3149141
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
-
Muscle Force Gym & Fitness Center
-
Muscle Force Personal Training Studio Gym & Fitness Center
-
Charles David Gonzales Pediatrician Physician
-
Charles Gonzales MD Pediatrician Physician
-
Gameday Men’s Health Palm Springs TRT, Peptide, and ED Clinic Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.05M
Comparable Approach
Comparable
$2.22M
Blend (final)
Blend
$1.85M
Owner & transaction history
The Anne Krizman Trust
The Anne Krizman Trust
since 2026
7 recorded transactions
Zoning & alternative use
C1AA · Palm Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.7M
+36.8%
Retail stores
$2.7M
+34.5%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,220,000
6.5%
$2,050,000
7%
$1,900,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,005,000
Current use
WAREHOUSE, STORAGE
$2,745,000
Change: +37% · Conversion: Difficult
RETAIL STORES
$2,700,000
Change: +34% · Conversion: Moderate
Blend value · Realmo final
$1.85M
Range $1.66M – $2.03M · ±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
$232 / 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
$27,618
Tax year 2024
Assessed value
$1,841,999
Assessed 2024
Previous assessed
$1,841,999
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$640,000
Assessed improvement
$1,201,999
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1976
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Total area
7,942 SF
Lot
1.8 ac (78,408 SF)
Zoning code
C1AA
APN
508-055-006
UPID
US10-3149141
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1AA · Palm Springs, CA
Zoning C1AA · permitted uses
C1AA · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$2.7M
RETAIL STORES
Est. value
$2.7M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
RETAIL STORES
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
1976
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Lot
1.8 ac
Current owner
From public records · entity-resolved
The Anne Krizman Trust
Trust
Free & Clear · 0 yrs held
Mailing address
120 W ARENAS RD, PALM SPRINGS, CA 92262-6302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2026
—
The Anne Krizman Trust
Anne Krizman
Deed
related
—
Nov 27, 2018
—
Anne Krizman
—
Grant Deed
related
$5,000,000 · Advantis Cu
Dec 30, 2016
—
Anne Krizman
—
Deed
$1,500,000 · Private Individual
Aug 16, 2007
—
O & M Hr LLC
O & M Indian Canyon LLC
Quit Claim Deed
—
Jan 26, 2007
—
O & M Indian Canyon LLC
Anderson L Family Trust
Grant Deed
$3,018,750 · Canyon National Bank
Sep 11, 1997
—
Lois Etal Anderson
Akw,
Grant Deed
related
—
—
—
Anne Krizman
—
Deed Of Trust
$1,500,000 · Private Individual
—
—
O & M Hr LLC
—
Deed Of Trust
related
$2,490,000 · Bank Of America
—
—
O & M Hr LLC
—
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?”
You own 700 Tahquitz Cyn Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
