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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Medical Office Space
71949 Hwy 111th Ste 300, Rancho Mirage, CA 92270-4826
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2006090
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1954
Construction
WOOD
Total area
3,634 SF
Lot
0.63 ac (27,442 SF)
Zoning code
PUDL
APN
684-421-011
UPID
US09-2006090
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
$885k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
$853k
Blend (final)
Blend
$785k
Owner & transaction history
Narula,minakshi Family Trust · 6 yrs held
Narula,minakshi Family Trust
since 2020
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
PUDL · Rancho Mirage, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+21.1%
Warehouse, storage
$1.1M
+8.1%
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
$630,000
ML approach
$885,000
CAP Approach
CAP Return
Estimation
6%
$615,000
6.5%
$570,000
7%
$530,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$995,000
Current use
RETAIL STORES
$1,200,000
Change: +21% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,075,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $1.05M (Jan 8 2020)
Last sale anchor
$1.05M
Jan 8 2020
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
$216 / 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
$15,983
Tax year 2024
Assessed value
$1,213,443
Assessed 2024
Previous assessed
$1,213,443
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$153,318
Assessed improvement
$1,060,125
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
3,634 SF
Lot
0.63 ac (27,442 SF)
Zoning code
PUDL
APN
684-421-011
UPID
US09-2006090
Jurisdiction
RIVERSIDE
Zoning & alternative use
PUDL · Rancho Mirage, CA
Zoning PUDL · permitted uses
PUDL · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$995,000
RETAIL STORES
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
MEDICAL BUILDING Current
RETAIL STORES
WAREHOUSE, STORAGE
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
1954
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Narula,minakshi Family Trust
Trust
Mailing address
70679 BOOTHILL RD, RANCHO MIRAGE, CA 92270-3405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2020
—
Narula,minakshi Family Trust
Minakshi Narula
Quit Claim Deed
related
—
Feb 25, 2016
—
Minakshi Narula
Narula,minakshi
Quit Claim Deed
related
$4,321,000 · Interimlender.com
Feb 16, 2016
—
Minakshi Narula
Narula,mohender P S & Minakshi
Quit Claim Deed
related
—
Jul 27, 2011
—
Mohender P S Narula
Mohender Narula Dmd & Minakshi
Quit Claim Deed
—
Dec 20, 2006
—
Mohender Narula
Narula,mohender P S
Quit Claim Deed
related
$550,000 · Altura Cu
Dec 17, 2004
—
Mohender P S Narula
Jaimini Health INC
Quit Claim Deed
related
—
Oct 16, 2003
$1,050,000
Jaimini Health INC
Victoria Holdings Ltd
Grant Deed
$2,500,000 · Bank Of America
Oct 18, 2002
—
Victoria Holdings Ltd
Baron,est
Grant Deed
related
—
Mar 15, 2002
$120,000
Roy Winston
Nelson Trust
Grant Deed
$390,000 · Provident Savings Bank
Sep 23, 1999
$575,000
Nelson,john W
Palm Desert National Bank
Trustees Deed
$460,000 · Palm Desert National Bank
Sep 23, 1999
—
John W Nelson
Nelson,maria R
Quit Claim Deed
related
—
Jun 16, 1999
—
Nb Pd
Lewinn,lina
Grant Deed
related
—
Mar 12, 1999
—
Nb Pd
Lewinn,lina
Quit Claim Deed
related
—
Jun 9, 1997
—
Lina Lewinn
Lewinn,laurence R
Quit Claim Deed
related
—
Jul 31, 1996
—
Laurence R Lewinn
Lewinn,maja S R
Quit Claim Deed
related
—
Jul 31, 1996
$245,000
Lewinn,laurence R
Jackson Trust
Trustees Deed
related
$196,000 · Southern Pacific Funding Corp
—
—
Mohender Narula Dmd
—
Deed Of Trust
related
$555,018 · Altura Cu
—
—
Mohender P S Narula
—
Deed Of Trust
related
$5,670,000 · United Commercial Bank
—
—
Mohender Narula
—
Deed Of Trust
related
$4,712,000 · Temecula Valley Bank NA
—
—
Jackson,trust
—
Deed Of Trust
related
$68,200 · Palm Desert National Bank
—
—
Melvin S Jackson
—
Deed Of Trust
related
$213,700 · California Federal 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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