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Property profile & analytics
OFF-MARKET
Office buildings

73170 Ramon Rd Thousand Palms, CA 92276-3147

1,962 SF 0.17 ac lot Built 1987
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3044170
Property summary
AI-generated overview

This exceptional 0.97-acre parcel presents a remarkable investment opportunity in the thriving Thousand Palms area of Riverside County, California. Located at 73170 Ramon Rd, 92276, this mixed-use zoned land (APN 650-290-02) offers unparalleled versatility for developers and investors. Its strategic location on a major thoroughfare provides excellent visibility and accessibility, with close proximity to the CA-10 Freeway ensuring convenient transportation. The property benefits from its position in a rapidly developing community experiencing robust economic growth, a 2.2% job growth rate, and a wealth of nearby amenities. These include major retailers such as Costco, Walmart, Sam's Club, and In-N-Out Burger, along with shopping centers, the Agua Caliente Resort and Spa, and the Coachella Valley National Wildlife Refuge. Educational institutions like Xavier College Prep High School are also conveniently located nearby. The property's proximity to popular destinations such as Palm Springs, Desert X, Coachella, and Stagecoach further enhances its appeal. Local businesses such as Tri Palm Estates, Circle K, a local market, and the Plan B Restaurant/Bar are also in the immediate vicinity. This prime land is priced at $360,000 and presents a unique chance to capitalize on the area's growth and create a successful commercial or residential venture. The flexible zoning allows for a wide range of development possibilities, making this an exceptional investment for those seeking significant returns.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction WOOD
Total area 1,962 SF
Lot 0.17 ac (7,405 SF)
Zoning code R3
APN 650-290-018
UPID US09-3044170
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
  • Climate Control Hardware & Home Improvement HVAC Service
  • Coachella Valley Hypnosis-Phylicia Mason Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Anita Alcorn · 8 yrs held
Anita Alcorn
since 2018
3 recorded transactions
2018
Price N/A
2018
$330,000
1995
$130,000
Zoning & alternative use
R3 · Thousand Palms, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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