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Property profile & analytics
FOR LEASE
Medical Office Space
73180 El Paseo Palm Desert, CA 92260
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1394392
For Lease
1 / 38
$510,000
73180 El Paseo, Palm Desert, CA 92260
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1986
Construction
WOOD
Total area
3,838 SF
Lot
0.27 ac (11,761 SF)
Zoning code
C1SP
APN
627-192-022
UPID
US09-1394392
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
-
Dr. Ameen Habash, MD Physician Medical Clinic
-
Henderson W Ray MD Physician Medical Clinic
-
Hill Michael E MD Physician
-
Watts Larry MD Physician
-
Michael Hill Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$545k
Blend (final)
Blend
$510k
Owner & transaction history
Clt 73180 El Paseo LLC · 12 yrs held
Clt 73180 El Paseo LLC
since 2014
7 recorded transactions
Zoning & alternative use
C1SP · Palm Desert, 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 Palm Desert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Desert 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
$390,000
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$555,000
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$133 / 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
$23,587
Tax year 2024
Assessed value
$1,810,912
Assessed 2024
Previous assessed
$1,810,912
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$482,908
Assessed improvement
$1,328,004
Applied tax rate
18.0000
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
For Lease
Year built
1986
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,838 SF
Lot
0.27 ac (11,761 SF)
Zoning code
C1SP
APN
627-192-022
UPID
US09-1394392
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1SP · Palm Desert, CA
Zoning C1SP · permitted uses
C1SP · Palm Desert, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Desert. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Clt 73180 El Paseo LLC
Entity
Mailing address
100 E CALIFORNIA BLVD, PASADENA, CA 91105-3205
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2024
—
Clt 73180 El Paseo LLC
—
Deed
related
$40,917,610 · Ctbc Bank Corp USA
Oct 22, 2020
—
Clt 73180 El Paseo LLC
—
Deed
related
$2,040,000 · Ctbc Bank Corp USA
Oct 2, 2019
—
Clt 73180 El Paseo LLC
—
Deed
related
$17,300,000 · Ctbc Bk Corp (usa)
Oct 28, 2016
—
Clt 73180 El Paseo LLC
—
Deed
related
$5,040,000 · East West Bank
Jun 27, 2014
—
Clt 73180 El Paseo LLC
Design 2020 Pasadena LLC
Quit Claim Deed
—
Dec 31, 2012
$1,500,000
Design 2020 Pasadena LLC
Henderson W R & A B Trust
Grant Deed
$1,275,000 · East West Bank
Sep 13, 2005
—
W Ray Henderson
W Ray Henderson
Intrafamily Transfer
related
$875,000 · Pacific Western National Bank
—
—
W Ray Henderson Md INC
—
Deed Of Trust
related
$100,000 · First Community Bank Of Desert
—
—
W Ray Henderson Md INC
—
Deed Of Trust
related
$239,000 · First Community Bank Of Desert
—
—
Henderson Trust
—
Deed Of Trust
related
$600,000 · Pacific Western National Bank
—
—
Clt 73180 El Paseo LLC
—
Deed Of Trust
related
$17,300,000 · Ctbc Bk Corp (usa)
—
—
Henderson W Ray & Anne B Trust
—
Deed Of Trust
related
$178,902 · Pacific Western Bank
—
—
Henderson W Ray & Anne B Trust
—
Deed Of Trust
related
$150,000 · Pacific Western Bank
—
—
Design 2020 Pasadena LLC
—
Deed Of Trust
related
$250,000 · East West 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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