Property profile

74999 Frank Sinatra Dr Palm Desert, CA 92211

OFF-MARKET
Turn key restaurants
Property ID
US09-2637569
4,738 SF 0.62 ac lot Built 2004
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2004
Construction WOOD
Total area 4,738 SF
Lot 0.62 ac (27,007 SF)
Zoning code PR-5
APN 620-400-018
UPID US09-2637569

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

74999 Frank Sinatra Dr Palm Desert, CA 92211-2084
Palm Desert metro Census 44919 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
$769k
Blend (final) Blend
$655k

Owner & transaction history

since 2017
6 recorded transactions
2018
Price N/A
2017
$2.7M
2004
Price N/A
2004
Price N/A
2000
$525,000
1969
Price N/A

Zoning & alternative use

PR-5 · Palm Desert, CA
Zoning description

The purpose of this district is to provide for flexibility in residential development, by encouraging creative and imaginative design, and the development of parcels of land as coordinated projects involving a mixture of…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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