Property profile

71949 Hwy 111th Ste 300 Rancho Mirage, CA 92270

OFF-MARKET
Medical Office Space
Property ID
US09-2006090
3,634 SF 0.63 ac lot Built 1954
Trust Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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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

Location

71949 Hwy 111th Ste, Unit 300 Rancho Mirage, CA 92270-4826
Rancho Mirage metro Census 45103 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$885k
CAP Approach CAP
$570k
Comparable Approach Comparable
$853k
Blend (final) Blend
$630k

Owner & transaction history

since 2020
Last sale
$1.1M
7 recorded transactions
2020
Price N/A
2016
Price N/A
2016
Price N/A
2011
Price N/A
2006
Price N/A
2004
Price N/A
2003
$1.1M

Zoning & alternative use

PUDL · Rancho Mirage, CA
Top alternative use upside
Retail stores $1.2M +21.1%
Warehouse, storage $1.1M +8.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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