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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Warehouses
15501 Little Morongo Rd, Desert Hot Springs, CA 92240-5004
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-0972384
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Total area
5,000 SF
Lot
9.62 ac (419,047 SF)
Zoning code
CPS
APN
666-060-007
UPID
US09-0972384
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
-
Tri-Star Construction Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
$765k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$640k
Owner & transaction history
Bryan D Willis · 5 yrs held
Bryan D Willis
since 2020
Last sale
$402,000
7 recorded transactions
Zoning & alternative use
CPS · Desert Hot 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 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
$525,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$765,000
7%
$710,000
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $402k (Nov 23 2020)
Last sale anchor
$402k
Nov 23 2020
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
$128 / 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
$8,796
Tax year 2024
Assessed value
$684,478
Assessed 2024
Previous assessed
$684,478
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$392,646
Assessed improvement
$291,832
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Heating
NONE
Stories
1
Total area
5,000 SF
Lot
9.62 ac (419,047 SF)
Zoning code
CPS
APN
666-060-007
UPID
US09-0972384
Jurisdiction
RIVERSIDE
Zoning & alternative use
CPS · Desert Hot Springs, CA
Zoning CPS · permitted uses
CPS · 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.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Stories
1
Lot
9.62 ac
Current owner
From public records · entity-resolved
Bryan D Willis
Individual
Mailing address
15501 LITTLE MORONGO RD, DESERT HOT SPRINGS, CA 92240-5004
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2020
$402,000
Bryan D Willis
Owens Larry J & T L Trust
Grant Deed
—
Jul 31, 2007
—
Owens Larry J & Terrie L Tr
Owens Larry J & Terri L
Quit Claim Deed
related
$416,000 · Montage Holdings Ltd
Nov 1, 2001
$345,000
Larry J Owens Trustee
Mannino,christopher J
Grant Deed
$145,000 · Christopher J Mannino
Nov 15, 1999
$300,000
Christopher J Mannino
Roesch,merrily
Grant Deed
—
Dec 4, 1998
—
Merrily Roesch
Roesch,merrily Etal
Quit Claim Deed
related
—
Sep 16, 1996
—
Merrily Etal Roesch
Roesch,merrily
Quit Claim Deed
related
—
Dec 9, 1992
$193,000
Randolph M Roesch
Roesch Lines INC
Grant Deed
related
$192,560 · Seller
Nov 1, 1989
$290,000
John C Brazzell
Custer James SR
Grant Deed
$208,800 · Custer James SR
—
—
Laary,j Owens Tr
—
Deed Of Trust
related
$250,000 · Robert B & Marilyn J Wight
—
—
Owens,larry J & Terrie L Trust
—
Deed Of Trust
related
$405,195 · Firstbank
—
—
Owens Larry J & Terrie L Tr
—
Deed Of Trust
related
$200,000 · Wight Robert B & M J Trust
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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