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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Office buildings
11600 Palm Dr Desert Hot Springs, CA 92240-3681
Trust Owned
16-yr Hold
Free & Clear
Property ID
US10-3295857
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
WOOD
Total area
2,593 SF
Lot
0.15 ac (6,534 SF)
Zoning code
LC
APN
639-281-005
UPID
US10-3295857
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
-
Jackson Hewitt Tax Service Accounting Firm Tax Preparation
-
Dixie's Action Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$670k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Shimabuku Trust · 16 yrs held
Shimabuku Trust
since 2010
7 recorded transactions
Zoning & alternative use
LC · Desert Hot Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$765,000
+8.7%
Medical building
$710,000
+0.6%
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 Desert Hot Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Desert Hot 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%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$705,000
Current use
WAREHOUSE, STORAGE
$765,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$710,000
Change: +1% · Conversion: Easy
RETAIL STORES
$685,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$245 / 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
$10,066
Tax year 2024
Assessed value
$755,250
Assessed 2024
Previous assessed
$755,250
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$179,940
Assessed improvement
$575,310
Applied tax rate
14.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,593 SF
Lot
0.15 ac (6,534 SF)
Zoning code
LC
APN
639-281-005
UPID
US10-3295857
Jurisdiction
RIVERSIDE
Zoning & alternative use
LC · Desert Hot Springs, CA
Zoning LC · permitted uses
LC · Desert Hot Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Desert Hot Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$705,000
WAREHOUSE, STORAGE
Est. value
$765,000
MEDICAL BUILDING
Est. value
$710,000
RETAIL STORES
Est. value
$685,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Shimabuku Trust
Trust
Free & Clear · 16 yrs held
Mailing address
PO BOX 4466, PALM DESERT, CA 92261-4466
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2010
—
Shimabuku Trust
Shimabuku Trust
Quit Claim Deed
related
—
May 4, 2007
$575,000
Shimabuku Trust
Rhodes Irina M
Grant Deed
—
Feb 10, 2006
—
Debra L L Mitchell
Mitchell,thomas M
Quit Claim Deed
—
Feb 10, 2006
$550,000
Rhodes Trust
Pilgrim F W Trust
Grant Deed
$330,000 · Lander Jeffrey Trust
Nov 22, 2005
—
Daniel T Lonergan
Pilgrim F W Trust
Grant Deed
—
Aug 1, 2001
$180,000
Pilgrim Trust
Bennett,george & Dorothy
Grant Deed
$150,000 · Boodin Trust
May 11, 2000
$175,000
George Bennett
Boddin Trust
Grant Deed
$165,000 · Seller
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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