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Property profile & analytics
OFF-MARKET
Estimated value
$4,130,000
Retail properties & Spaces
72767 Dinah Shr Dr Rancho Mirage, CA 92270-2703
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3379234
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2008
Construction
TILT-UP CONCRETE
Total area
32,500 SF
Lot
2.86 ac (124,581 SF)
Zoning code
CC
APN
685-070-018
UPID
US09-3379234
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
-
Scandinavian Designs Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.13M
Owner & transaction history
Investwest Partners III LLC · 14 yrs held
Investwest Partners III LLC
since 2011
3 recorded transactions
Zoning & alternative use
CC · Rancho Mirage, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-C (Community Commercial) Zone. The C-C zoning district is applied to areas appropriate for larger, community-scale shopping centers and malls, which may be anchored by several department stores or other large-scale retail outlets, restaurants, hotels, and entertainment uses. The standard size of development ranges from one hundred thousand to four hundred…
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
417.83 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$127 / 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
$95,684
Tax year 2024
Assessed value
$4,699,271
Assessed 2024
Previous assessed
$4,699,271
+0.0% YoY
Effective rate
2.04%
On assessed value
Assessed land
$1,243,876
Assessed improvement
$3,455,395
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2008
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
32,500 SF
Lot
2.86 ac (124,581 SF)
Zoning code
CC
APN
685-070-018
UPID
US09-3379234
Jurisdiction
RIVERSIDE
Zoning & alternative use
CC · Rancho Mirage, CAZoning CC · permitted uses
CC · Rancho Mirage, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-C (Community Commercial) Zone. The C-C zoning district is applied to areas appropriate for larger, community-scale shopping centers and malls, which may be anchored by several department stores or other large-scale retail outlets, restaurants, hotels, and entertainment uses. The standard size of development ranges from one hundred thousand to four hundred thousand square feet in gross floor area, and requires approval of a specific plan. The C-C zoning district is consistent with the community commercial land use designation of the general plan; 4. O (Office Commercial) Zone. The O zoning district is applied to areas appropriate for professional office uses including administrative, corporate, financial, government, institutional, legal, and medical. The O zoning district is consistent with the office land use designation of the general plan; 5.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
417.83 ac
Building & site characteristics
From public records
Year built
2008
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
2.86 ac
Current owner
From public records · entity-resolved
Investwest Partners III LLC
Entity
Free & Clear · 14 yrs held
Mailing address
390 E PARKCENTER BLVD STE #250, BOISE, ID 83706-6234
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2011
—
Investwest Partners III LLC
City Of Rancho Mirage
Quit Claim Deed
related
—
Jul 23, 2010
—
Investwest Partners III LLC
—
Trustees Deed
related
$16,825,797 · Inland Mortgage Capital Corp
Nov 21, 2007
—
Monterey Rancho Mirage LLC
Investwest Partners III LLC
Grant Deed
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.
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