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    The Largest CRE Database in the US with Over 1 Million Listings

    Lorrie L Anderschat, Palm Desert, CA

    License ID: 02146537
    Years of Experience
    2

    Service Locations

    Contact details

    Phone:
    (661) 313-4878
    Office Address:
    431 S. Palm Canyon Drive, Palm Springs, CA 92262

    Property Types

    • Land

    Performance

    Listings
    33
    Total transactions
    12
    Total transactions amount
    $1M
    Price range
    $55k - 125k
    Average price
    $83k

    Listings

    For Sale (33)

    View map
    • $59,000
      0.05 Acres

      Cathedral City Land For Sale

      Land with patio and mature greenery in Cathedral City, CA.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $145,000
      0.05 Acres

      Cathedral City Land For Sale

      Land with golf course views in Cathedral City, California.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $174,000
      0.05 Acres

      Golf Course View Lot

      Lot with golf course views, gazebo, and high-end furniture.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $95,000
      0.05 Acres

      Corner Lot in Cathedral City

      Charming corner lot with greenbelt and privacy fencing.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $84,000
      0.05 Acres

      Upgraded Lot in Cathedral City

      Upgraded lot near clubhouse, pickleball courts, desert-scaped, fruit trees.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $87,000
      0.05 Acres

      Cathedral City Paved Lot

      Premium paved lot with shade structure near golf course.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $125,000
      0.05 Acres

      Corner Lot in Cathedral City

      Enhanced corner lot with privacy and convenient access to amenities.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $84,900
      0.05 Acres

      Cathedral City Land Opportunity

      Residential land with golf course views in Cathedral City.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $144,900
      0.05 Acres

      Golf Course View Land

      Prime lot with golf course views in Cathedral City.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • New
      $75,000
      Pending

      Residential Land Overlooking Golf Course

      Prime residential land with golf course views and pre-installed pavers.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $79,900
      0.05 Acres

      Cathedral City RV Lot For Sale

      Prime RV lot with golf course views and resort amenities.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $89,000
      0.05 Acres

      Cathedral City Land For Sale

      RV-compliant land in Cathedral City, ready for upcoming season.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $137,000
      0.05 Acres

      Cathedral City Lot with Bunkhouse

      Lot with fruit trees and bunkhouse, rental income potential.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $134,900
      0.05 Acres

      Golf Course Lot on Fairway

      Golf course lot with mountain views and resort amenities.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • New
      $75,000
      0.05 Acres

      Resort Land in Cathedral City

      Resort property with pool access and mature landscaping in Cathedral City.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • New
      $155,000
      0.05 Acres

      RV Lot in Active Community

      Turnkey RV lot with upgrades in Cathedral City community.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • New
      $109,500
      0.05 Acres

      Golf Course Lot Opportunity

      Premier golf course lot with access to resort-style amenities.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $69,000
      0.05 Acres

      Cathedral City Land Opportunity

      Prime lot near amenities in Cathedral City, California.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $64,000
      0.05 Acres

      Residential Land in Cathedral City

      Residential land in a convenient location with appealing features.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $99,000
      0.05 Acres

      Corner Lot with Refurbished RV

      Turn-key corner lot with modern RV near pools.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $260,000
      0.04 Acres

      Cathedral City Land with RV

      Land with 2020 Mobile Suites RV in Cathedral City.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $82,000
      0.05 Acres

      Land in Cathedral City, CA

      Land with great location, privacy, and rental appeal.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $89,000
      0.05 Acres

      Corner Lot in Cathedral City

      Desirable corner lot with brick paving and privacy shrubs.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $189,000
      0.05 Acres

      Golf Course Lot with RV

      Expanded lot with mountain and golf course views included RV.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $129,000
      0.05 Acres

      Upgraded Lot with Bunkhouse

      Enhanced lot with bunkhouse, turf, gazebo, and greenbelt.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $89,000
      Pending

      Cathedral City RV Lot For Sale

      RV lot with 2005 Hitchhiker RV in Cathedral City.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $88,000
      0.05 Acres

      Golf Course Adjacent Land Parcel

      Land parcel near golf course and clubhouse in Cathedral City.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $330,000
      0.05 Acres

      Immaculate Mobile Suite on Corner Lot

      Turnkey 2021 DRV Mobile Suite with premium outdoor upgrades.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • New
      $84,000
      Pending

      Cathedral City Land with Views

      Land with mountain views in Cathedral City, California.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $80,000
      0.05 Acres

      Corner Lot with Gazebo

      Corner lot with gazebo and palm tree views.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $119,000
      Pending

      Premium Corner Lot with RV

      Corner lot with RV, golf course view, and amenities.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $112,000
      0.05 Acres

      Golf Course View Corner Lot

      Desirable corner lot with golf course views and community amenities.
      69411 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $5,000,000

      Land For Sale

      Land available for sale.
      68Th Ave, Thermal, CA 92274
      View Details

    Leases and Sales on Map

    • For Sale

    Properties for sale

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    Lorrie L Anderschat, Palm Desert, CA
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    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.

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    Lorrie L Anderschat, Palm Desert, CA
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