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Property profile & analytics
OFF-MARKET
Estimated value
$1,530,000
Retail space
73690 El Paseo Palm Desert, CA 92260-4310
Entity Owned
~
Est. High Equity
Property ID
US09-0097091
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1962
Construction
WOOD
Total area
7,044 SF
Lot
0.25 ac (10,890 SF)
Zoning code
C1SP
APN
627-212-009
UPID
US09-0097091
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.56M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
73690 El Paseo LLC
73690 El Paseo LLC
since 2025
Last sale
$1.9M
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,685,000
6.5%
$1,555,000
7%
$1,440,000
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±10% · vs last sale $1.85M (Dec 26 2025)
Last sale anchor
$1.85M
Dec 26 2025
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
$217 / 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
$31,843
Tax year 2024
Assessed value
$1,820,700
Assessed 2024
Previous assessed
$1,820,700
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$468,180
Assessed improvement
$1,352,520
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
7,044 SF
Lot
0.25 ac (10,890 SF)
Zoning code
C1SP
APN
627-212-009
UPID
US09-0097091
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
1962
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
73690 El Paseo LLC
Entity
Mailing address
73690 EL PASEO N #101, PALM DESERT, CA 92260-4310
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2025
$1,850,000
73690 El Paseo LLC
Salammbo Management LLC
Grant Deed
$1,300,000 · Salammbo Management LLC
Aug 25, 2022
—
Salammbo Management LLC
Raphael Berry
Grant Deed
—
Nov 4, 2021
$1,750,000
Raphael Berry
Miguel Ruiz
Grant Deed
$875,000 · Miguel Ruiz Etux
Nov 4, 2021
—
Raphael Berry
Hortensia R Magana
Intrafamily Transfer
related
—
Aug 29, 2019
—
Miguei Ruiz
Ruiz M & K S Trust
Quit Claim Deed
related
—
Mar 25, 2016
$1,450,000
Ruiz,miguel & Karen S Trust
Desert Paseo Properties LLC
Grant Deed
$750,000 · Ltv Private Equity INC
Sep 8, 2014
$1,110,000
Desert Paseo Properties LLC
73-690 El Paseo LLC
Grant Deed
—
May 4, 2006
—
73-690 El Paseo LLC
Morrey Family Trust
Grant Deed
$300,000 · Cathay Bank
Oct 13, 2004
—
Morrey Family Trust
Morrey Family Trust
Quit Claim Deed
related
—
—
—
73-690 El Paseo LLC
—
Deed Of Trust
related
$293,480 · Cathay Bank
—
—
73-690 El Paseo LLC
—
Deed Of Trust
related
$293,480 · Cathay 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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