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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Retail residential properties
1081 Palm Cyn Dr Palm Springs, CA 92262-4419
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0150354
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1949
Construction
TILT-UP CONCRETE
Total area
14,075 SF
Lot
0.47 ac (20,473 SF)
Zoning code
C1
APN
505-261-006
UPID
US09-0150354
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
-
Hollywood Drones Media Distribution
-
Cimarron Cove Real Estate: Tom Bashe Real Estate Agency
-
Coldwell Banker Realty : Jennifer Coniglio Real Estate Agency
-
Your.agentangel Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.01M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
1081 Npc LLC · 5 yrs held
1081 Npc LLC
since 2020
7 recorded transactions
Zoning & alternative use
C1 · Palm Springs, 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 Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs 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%
$2,175,000
6.5%
$2,005,000
7%
$1,860,000
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±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
$118 / 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
$46,644
Tax year 2024
Assessed value
$3,699,093
Assessed 2024
Previous assessed
$3,699,093
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$739,817
Assessed improvement
$2,959,276
Applied tax rate
11.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1949
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
14,075 SF
Lot
0.47 ac (20,473 SF)
Zoning code
C1
APN
505-261-006
UPID
US09-0150354
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1 · Palm Springs, CA
Zoning C1 · permitted uses
C1 · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
1081 Npc LLC
Entity
Mailing address
1775 E PALM CYN DR STE #110, PALM SPRINGS, CA 92264-1623
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
—
1081 Npc LLC
Zlot L B Separate Prop Trust
Grant Deed
—
Mar 23, 2020
$3,450,000
Laura Bugbee Zlot
1081 North Palm Canyon LLC
Grant Deed
$550,000 · Sun Community FCU
Jul 28, 2016
—
1081 North Palm Canyon LLC
—
Deed
related
$1,585,000 · East West Bank
Mar 11, 2005
$1,225,000
1081 North Palm Canyon LLC
Rue Des Palmiers LLC
Grant Deed
$1,485,000 · Pacific Western National Bank
Aug 24, 2000
—
Rue Des Palmiers LLC
Ba Properties INC
Grant Deed
related
—
Sep 3, 1999
$779,000
Ba Properties INC
Saikhon,mario
Trustees Deed
—
Apr 1, 1990
$1,700,000
Mesa Inv
Saikhon Mario
Grant Deed
$200,000 · Seller
—
—
1081 North Palm Canyon LLC
—
Deed Of Trust
related
$1,900,000 · United Commercial 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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