Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    74895 Frank Sinatra Dr Palm Desert, CA 92211-2055
    Back to Search
    Property profile & analytics

    74895 Frank Sinatra Dr, Palm Desert, CA 92211-2055

    View on Map
    • Hotels
    • 77,837 SF
    • 10.69 lot acres
    Off-Market
    Property ID
    US09-2639654
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $7,030,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bala Prasad / Hotel & Motel
    • 911 Mobile Mechanic / Vehicle Inspection Center
    • Courtyard Palm Desert / Hotel & Motel

    Property Details for 74895 Frank Sinatra Dr

    Year built
    1999
    Construction
    WOOD
    Lot size
    10.69 lot acres
    Zone code
    PR-5
    Property type
    Hotels
    APN
    620-400-017
    APU
    620400017

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 23, 2023 — Palm Desert Collective Resorts LLC — Deed · related $5.5M · Cantor Group IV LLC
    Mar 5, 2021 — Palm Desert Collective Resorts LLC — Deed · related $5.5M · Cantor Group IV LLC
    Oct 24, 2016 $33,840,000 Palm Desert Collective Resorts Ashford Ruby Palm Desert I LP Grant Deed —
    Jun 29, 2005 — Ashford Ruby Palm Desert I LP Cnl Hospitality Partners LP Grant Deed $82k · Merrill Lynch Mortgage Lending INC
    — — Cnl Hospitality Partners — Deed Of Trust · related $353k · Deutsche Bank Trust Co America
    — — Ashford Ruby Palm Desert I LP — Deed Of Trust · related $24.5M · Bank Of America
    — — Ashford Ruby Palm Desert I LP — Deed Of Trust · related $24.5M · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $7,950,000
      6.5%
      $7,340,000
      7%
      $6,815,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Palm Desert
    County
    Riverside
    State
    California
    Longitude
    -116.357
    Latitude
    33.7715
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $471,928
    $9,626,034
    $28,878,109
    $38,504,143
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $5,980,000
      59,808 SF

      Palm Desert, CA 92211

      HOTEL
      Palm Desert, CA 92211
      View Details
    • Value Estimation by Request
      1.65 Acres

      40215 Harris Ln

      HOTEL
      40215 Harris Ln, Palm Desert, CA 92211-6261
      View Details
    • Value Estimation
      $7,525,000
      23,149 SF

      78100 Varner Rd

      HOTEL
      78100 Varner Rd, Palm Desert, CA 92211-1117
      View Details
    • Value Estimation
      $3,060,000
      33,024 SF

      74777 Technology Dr

      HOTEL
      74777 Technology Dr, Palm Desert, CA 92211
      View Details
    • Value Estimation by Request
      1.91 Acres

      74755 Technology Dr

      HOTEL
      74755 Technology Dr, Palm Desert, CA 92211
      View Details
    • Value Estimation
      $4,240,000
      42,859 SF

      39585 Washington St

      HOTEL
      39585 Washington St, Palm Desert, CA 92211-1153
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Palm Desert Commercial Land Opportunity

      Commercial land in Palm Desert near hotels and retail.
      39565 Washington St, Palm Desert, CA 92211
      View Details
    • Contact for pricing

      Palm Desert Resort Location

      Premier destination with abundant amenities and future growth potential.
      75702 Varner Rd, Palm Desert, CA 92211
      View Details
    • Contact for pricing
      4,500 SF

      New Denny's Restaurant For Sale

      Recently constructed Denny's restaurant property available for purchase.
      42455 Washington St, Palm Desert, CA 92211
      View Details
    • $4,750,000
      24,800 SF

      Palm Desert Shopping Center

      Prime Retail Investment, High Traffic Area
      72630 Dinah Shore Dr, Palm Desert, CA 92211
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Palm Desert Retail Opportunity

      Retail spaces available in Costco-anchored Palm Desert center.
      72680 Dinah Shore Dr, Palm Desert, CA 92211
      View Details
    • $1.25 SF/Yr

      Turnkey Office Suite in Palm Desert

      Professionally built-out office suite in Country Club Corporate Plaza.
      77530 Enfield Ln, Palm Desert, CA 92211
      View Details
    • $1.95 SF/Yr

      Palm Desert Office Space For Rent

      Office space for rent in ideal mid-valley location.
      36951 Cook St, Palm Desert, CA 92211
      View Details
    • $1,700 /Mo
      1,200 SF

      Palm Desert Commercial Space Available

      Air-conditioned warehouse/industrial space for lease in Palm Desert, CA.
      39402 Berkey Dr, Palm Desert, CA 92211
      View Details
    • $2 SF/Yr

      Turnkey Medical Office Condo

      Class A medical office condo in Palm Desert for lease.
      41990 Cook St, Palm Desert, CA 92211
      View Details
    • $1.75 SF/Yr

      Dinah Shore Drive Retail Showroom

      Retail showroom with frontage on Dinah Shore Drive.
      73800 Dinah Shore Dr, Palm Desert, CA 92211
      View Details

    Property Visit Statistics

    • Visits by month
      11.7k
    • Visitors by month
      12.1k
    • Avg Time on site
      68 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    74895 Frank Sinatra Dr
    Palm Desert, CA 92211-2055
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    74895 Frank Sinatra Dr, Palm Desert, CA, 92211
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!