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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Warehouses
15305 Little Morongo Rd Desert Hot Springs, CA 92240-5015
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3158197
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1994
Construction
WOOD FRAME
Total area
1,248 SF
Lot
19.43 ac (846,370 SF)
Zoning code
W2
APN
666-050-027
UPID
US10-3158197
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
-
iStorage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$585k
Blend (final)
Blend
$525k
Owner & transaction history
Istorage Po LLC · 9 yrs held
Istorage Po LLC
since 2016
7 recorded transactions
Zoning & alternative use
W2 · Desert Hot Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$540,000
+46.1%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$370,000
Current use
AUTO REPAIR, GARAGE
$540,000
Change: +46% · Conversion: Easy
MEDICAL BUILDING
$340,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$340,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$330,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$421 / 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
$169,535
Tax year 2024
Assessed value
$13,792,480
Assessed 2024
Previous assessed
$13,792,480
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$2,275,657
Assessed improvement
$11,516,823
Applied tax rate
61.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1994
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
704
Bathrooms
1
Total area
1,248 SF
Lot
19.43 ac (846,370 SF)
Zoning code
W2
APN
666-050-027
UPID
US10-3158197
Jurisdiction
RIVERSIDE
Zoning & alternative use
W2 · Desert Hot Springs, CA
Zoning W2 · permitted uses
W2 · 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
WAREHOUSE, STORAGE Current
Est. value
$370,000
AUTO REPAIR, GARAGE
Est. value
$540,000
MEDICAL BUILDING
Est. value
$340,000
OFFICE BUILDING
Est. value
$340,000
RETAIL STORES
Est. value
$330,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE 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
1994
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
704
Bathrooms
1
Lot
19.43 ac
Current owner
From public records · entity-resolved
Istorage Po LLC
Entity
Mailing address
5200 DTC PKWY STE #200, GREENWOOD VILLAGE, CO 80111-2715
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
39 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2016
$12,100,000
Istorage Po LLC
Storage Quest Caliente LP
Grant Deed
$160,000,000 · Miscellaneous Ins Co
Jun 4, 2013
—
Storage Quest Caliente LP
—
Deed Of Trust
related
$24,700,000 · Bank Of America
Nov 9, 2012
—
Storage Quest Caliente Limited Part
Wells Fargo Bank NA
Grant Deed
$2,015,000 · Firstbank
Dec 2, 2011
$5,250,000
Wells Fargo Bank NA 2007-iq15
Assured Lender Services
Trustees Deed
related
—
Jul 19, 2007
—
Dhs Storage LLC
Sweet A Family Trust
Grant Deed
$6,000,000 · Royal Bank Of Canada
Jan 11, 2007
—
Ronald Sann
Nolan,christine M
Grant Deed
—
Dec 27, 2006
—
Sweet Albert Family Trust
Johnson,bonnie L
Grant Deed
—
Nov 9, 2006
—
June E Mansfield
Mansfield,william M JR
Affidavit Of Death
related
—
Jul 22, 2005
—
August Jane F Trust
August,jane F
Quit Claim Deed
related
—
Sep 10, 2004
$51,000
William J Vantongeren
Vanstar Properties-desert LLC
Quit Claim Deed
related
—
Sep 10, 2004
$18,500
William J Vantongeren
Vanstar Props-san Jacinto LLC
Quit Claim Deed
related
—
Jun 17, 2003
—
Properties-san Jacinto Vanstar
Desert Caliente Springs Inv
Grant Deed
related
—
May 6, 2003
$51,000
Vanstar Properties-desert LLC
Desert Caliente Springs Invest
Grant Deed
related
—
Jun 4, 2002
—
William M Mansfield
Desert Caliente Springs Inv
Grant Deed
related
—
Apr 19, 2002
—
Suzanne Brown
Desert Caliente Springs Inv
Grant Deed
related
—
Apr 3, 2002
$140,000
David O Tryba
Desert Caliente Springs Inv
Grant Deed
related
—
Mar 20, 2002
$306,500
Guasti Trust
Desert Caliente Springs
Grant Deed
related
—
Mar 15, 2002
—
Christine M Nolan
Desert Caliente Springs Inv
Grant Deed
related
—
Mar 15, 2002
$60,000
William M Mansfield
Desert Caliente Springs Inv
Grant Deed
related
—
Jan 10, 2002
$252,000
Ridgeway Investors INC
Valentine,dino J & Theresa N
Grant Deed
related
—
Jan 3, 2002
$132,500
Micom Associates
Desert Caliente Springs Inv
Grant Deed
related
—
Dec 31, 2001
$124,000
Jane F August
Desert Caliente Springs Invest
Grant Deed
—
Dec 31, 2001
$249,000
Dino J Valentine
Desert Caliente Springs Invest
Grant Deed
related
—
Oct 19, 2001
$204,000
Charles Gorsline
Desert Caliente Springs Invest
Grant Deed
related
—
Jun 7, 2001
$120,000
Clayton Properties
Desert Caliente Springs Invest
Grant Deed
related
—
Jun 1, 2001
$275,000
Lyle C Pedersen
Desert Caliente Springs Invest
Grant Deed
related
—
Mar 9, 2001
$203,000
Kenneth L Jordan
Desert Caliente Spgs Investors
Grant Deed
related
—
Feb 23, 2001
$150,000
Vista Park LLC
Desert Caliente Springs Invest
Grant Deed
related
—
Feb 22, 2001
$101,000
James H Davis
Desert Caliente Springs Invest
Grant Deed
related
—
Feb 14, 2001
$59,000
Audrey J Wright
Desert Caliente Springs Invest
Grant Deed
related
—
Jan 19, 2001
$109,090
Karl R Wilber
Desert Caliente Springs Invest
Grant Deed
related
—
Nov 7, 2000
$298,500
Bonnie L Johnson
Triumph Mortgage INC
Grant Deed
—
Oct 22, 1999
—
Desert Caliente Springs Inv
Thomas,walter C
Grant Deed
$1,800,000 · Seller
Dec 2, 1993
—
Sce
Thomas,walter C
Grant Deed
related
—
—
—
Storage Quest Caliente LP
—
Loan Modification
related
$55,000,000 · Keybank USA
—
—
Desert Caliente Springs Invest
—
Deed Of Trust
related
$1,000,000 · Network Bank USA
—
—
Desert Caliente Springs Inv
—
Deed Of Trust
related
$100,000 · Cmco Corp Psp
—
—
Desert Caliente Springs Inv
—
Deed Of Trust
related
$100,000 · Cmco Corp Psp
—
—
Desert Caliente Springs Invest
—
Deed Of Trust
related
$915,000 · Jjt INC
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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