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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Strip malls
73520 El Paseo Palm Desert, CA 92260-4338
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1107757
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1979
Construction
WOOD
Total area
13,303 SF
Lot
1.36 ac (59,241 SF)
APN
627-211-024
UPID
US09-1107757
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
-
BG's el paseo Clothing & Fashion Store
-
Cambria Gallery on El Paseo Kitchen & Bath Showroom Hardware & Home Improvement
-
Starbucks Cafe & Coffee Shop
-
Alankara Aveda Lifestyle Salon Hair Salon Nail Salon
-
il Corso Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.41M
Owner & transaction history
Rsp Plaza II LLC · 2 yrs held
Rsp Plaza II LLC
since 2024
7 recorded transactions
Zoning & alternative use
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±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
$106 / 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
$127,405
Tax year 2024
Assessed value
$10,389,635
Assessed 2024
Previous assessed
$10,389,635
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,640,468
Assessed improvement
$8,749,167
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
2
Total area
13,303 SF
Lot
1.36 ac (59,241 SF)
APN
627-211-024
UPID
US09-1107757
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
1.36 ac
Current owner
From public records · entity-resolved
Rsp Plaza II LLC
Entity
Mailing address
201 N PALM CYN DR STE #200, PALM SPRINGS, CA 92262-5559
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2024
—
Rsp Plaza II LLC
Palm Springs Plaza Del Sol LLC
Grant Deed
$4,000,000 · Midfirst Bank
Jun 18, 2019
—
Palm Springs Plaza Del Sol LLC
Grit Dev LLC
Grant Deed
$4,200,000 · Rabobank
Apr 10, 2013
—
Wessman Holdings LLC
—
Trustees Deed
related
$4,200,000 · Rabobank
Feb 10, 2003
$2,970,000
John Wessman
Wolff,robert E
Grant Deed
$2,700,000 · Pff Bank & Trust
Jan 17, 2001
$2,828,000
Robert E Wolff
Rancho San Pablo LLC
Grant Deed
$2,007,000 · First National Bank Durango
May 2, 2000
$1,425,090
Rancho San Pablo
Independent,f
Grant Deed
—
—
—
Grit Dev LLC
—
Loan Modification
related
$4,200,000 · Rabobank
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.
Try Rey
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