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Property profile & analytics
OFF-MARKET
Estimated value
$2,245,000
Retail space
12900 Palm Dr Desert Hot Springs, CA 92240-4567
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2669644
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Construction
TILT-UP CONCRETE
Total area
12,616 SF
Lot
0.91 ac (39,639 SF)
Zoning code
C2
APN
641-153-033
UPID
US09-2669644
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
-
Rite Aid Pharmacy
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
Rite Aid Pharmacy Pharmacy
-
higi Physician
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.78M
Comparable Approach
Comparable
$2.81M
Blend (final)
Blend
$2.25M
Owner & transaction history
Mona Halum Trust
Mona Halum Trust
since 2025
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
C2 · Desert Hot Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$3.7M
+11.5%
Medical building
$3.5M
+3.1%
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%
$3,015,000
6.5%
$2,780,000
7%
$2,585,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,345,000
Current use
WAREHOUSE, STORAGE
$3,730,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$3,450,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$2.25M
Range $2.02M – $2.47M · ±10% · vs last sale $1.70M (Jun 29 2025)
Last sale anchor
$1.70M
Jun 29 2025
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
$178 / 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
$61,208
Tax year 2024
Assessed value
$4,669,312
Assessed 2024
Previous assessed
$4,669,312
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,628,764
Assessed improvement
$3,040,548
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
12,616 SF
Lot
0.91 ac (39,639 SF)
Zoning code
C2
APN
641-153-033
UPID
US09-2669644
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Desert Hot Springs, CA
Zoning C2 · permitted uses
C2 · 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
RETAIL STORES Current
Est. value
$3.3M
WAREHOUSE, STORAGE
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$3.5M
RETAIL STORES Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Mona Halum Trust
Trust
Mailing address
12802 BONITA HTS DR, SANTA ANA, CA 92705-6303
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2025
$1,700,000
Mona Halum Trust
Wolfgang Jordan Living Trust
Grant Deed
$1,190,000 · Community Valley Bank
Aug 18, 2020
$4,800,000
Jordan,wolfgang Living Trust
Hacienda At Palm Drive LLC
Grant Deed
—
Aug 1, 2013
—
Hacienda At Palm Drive LLC
Moraga Desert Hot Springs Ltd
Grant Deed
—
Aug 1, 2013
$2,290,500
Hacienda At Palm Drive LLC
Moraga Desert Hot Springs Ltd
Grant Deed
$1,362,453 · Symetra Life Insurance Co
Mar 2, 2012
—
Moraga Desert Hot Springs Ltd
—
Deed Of Trust
related
$1,400,000 · Symetra Life Insurance Co
Nov 23, 2005
—
Moraga Desert Hot Springs Ltd
Hacienda Palm LLC
Grant Deed
—
Apr 18, 2002
—
Hacienda Palm LLC
—
Deed Of Trust
related
$7,200,000 · Cibc INC
Aug 18, 1999
$1,103,500
Palm Hacienda
Thrifty
Grant Deed
—
Dec 8, 1998
$750,000
Thrifty Payless INC
Patel,punjabhai K & Jashuban P
Grant Deed
—
—
—
Punjabhai K Patel
—
Deed Of Trust
related
$104,800 · Us Small Business Admn
—
—
Punjabhai K Patel
—
Deed Of Trust
related
$10,000 · Us Small Business Admn
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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