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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Turn key restaurants
70050 Hwy 111 Rancho Mirage, CA 92270-2924
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-3175021
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1973
Construction
WOOD
Total area
11,538 SF
Lot
1.12 ac (48,787 SF)
Zoning code
PUDC
APN
689-160-008
UPID
US09-3175021
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
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$790k
Owner & transaction history
J & S Delgado Properties LLC · 14 yrs held
J & S Delgado Properties LLC
since 2012
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
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$68 / 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
$44,691
Tax year 2024
Assessed value
$3,527,170
Assessed 2024
Previous assessed
$3,527,170
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$909,151
Assessed improvement
$2,618,019
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
NONE
Stories
1
Total area
11,538 SF
Lot
1.12 ac (48,787 SF)
Zoning code
PUDC
APN
689-160-008
UPID
US09-3175021
Jurisdiction
RIVERSIDE
Zoning & alternative use
PUDC · Rancho Mirage, CAZoning 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
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
J & S Delgado Properties LLC
Entity
Mailing address
70050 HWY 111, RANCHO MIRAGE, CA 92270-2924
Mailing matches property
Yes
Owner-occupied
Yes
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2024
—
J & S Delgado Properties LLC
—
Deed
related
$300,000 · First Bank
Nov 17, 2022
—
Griffith Investments LLC
—
Deed
related
$997,349 · Umpqua Bank
Aug 31, 2022
—
J & S Delgado Properties LLC
—
Deed
related
$1,700,000 · Mufg Union Bank NA
Jun 6, 2022
—
Griffith Investments LLC
—
Deed
related
$1,000,000 · Bank Of America NA
Aug 1, 2016
—
J & S Delgado Properties LLC
—
Deed
related
$2,000,000 · Compass Bank
Jun 22, 2012
—
J & S Delgado Properties LLC
J & S Delgado Properties LLC
Quit Claim Deed
related
$2,129,000 · First California Bank
Oct 30, 2008
—
J & S Delgado Properties LLC
Delgado Trust
Quit Claim Deed
—
Sep 12, 2008
$1,805,000
Joaquin A Delgado
Delgado F H & M T Trust
Grant Deed
related
$1,800,000 · Palm Desert National Bank
Jun 17, 2004
—
Delgado,tr
—
Trustees Deed
related
$900,000 · Palm Desert National Bank
Aug 3, 2001
—
Nb Etal Cy
Wells,fargo Etal
Grant Deed
related
—
Apr 24, 1997
—
Rhm Cy
Delgado,mary T Etal
Grant Deed
related
—
Dec 30, 1994
—
Mary T Etal Delgado
Delgado,mary T Etal
Quit Claim Deed
related
—
Nov 16, 1993
—
Mary T Etal Delgado
Delgado,mary T E
Quit Claim Deed
related
—
—
—
Delgado,tr
—
Deed Of Trust
related
$717,650 · Palm Desert National Bank
—
—
J & S Delgado Properties LLC
—
Deed Of Trust
related
$200,000 · Palm Desert National Bank
—
—
Delgado F H & M T Trust
—
Deed Of Trust
related
$1,230,644 · Palm Desert 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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