Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Retail space
16760 Palm Dr Desert Hot Springs, CA 92240-7249
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2986864
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1994
Total area
4,536 SF
Lot
0.44 ac (19,166 SF)
Zoning code
CP
APN
657-122-001
UPID
US09-2986864
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
-
Bob's Dispensary (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$580k
Blend (final)
Blend
$645k
Owner & transaction history
Jose Guadalupe Velazquez Navarro · 1 yrs held
Jose Guadalupe Velazquez Navarro
since 2025
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
CP · 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
$765,000
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $600k (May 12 2025)
Last sale anchor
$600k
May 12 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
$142 / 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
$8,005
Tax year 2024
Assessed value
$656,184
Assessed 2024
Previous assessed
$656,184
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$164,045
Assessed improvement
$492,139
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1994
Heating
NONE
Stories
1
Total area
4,536 SF
Lot
0.44 ac (19,166 SF)
Zoning code
CP
APN
657-122-001
UPID
US09-2986864
Jurisdiction
RIVERSIDE
Zoning & alternative use
CP · Desert Hot Springs, CA
Zoning CP · permitted uses
CP · 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
1994
Heating
NONE
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Jose Guadalupe Velazquez Navarro
Individual
Mailing address
16760 PALM DR, DESERT HOT SPRINGS, CA 92240-7249
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2025
—
Jose Guadalupe Velazquez Navarro
Jose Guadalupe Velazquez Navarro
Deed
related
—
Sep 12, 2018
$600,000
Jose G Velasquez
Cervantes,jose & Alicia
Grant Deed
$285,000 · Jose & Alicia Cervantes
May 8, 2007
—
Jose Cervantes
Cerventes,jose & Alicia
Quit Claim Deed
related
$400,000 · Hanmi Bank
Mar 25, 1997
$450,000
Jose Cerventes
Kim,jung J
Grant Deed
$435,000 · Seller
May 14, 1996
—
Jung J Etal Kim
Kim,jung J
Quit Claim Deed
related
—
May 1, 1990
$60,000
Jung J Kim
Starr Ronald A
Grant Deed
$40,000 · Seller
Feb 1, 1990
$12,000
Ron Starr
Rauschenberg Mon
Grant Deed
—
Mar 1, 1988
$17,000
Starr Ronald A
Falle
Grant Deed
$10,000 · Faller Jeannette
—
—
Yojng A Yoon
—
Deed Of Trust
related
$100,000 · California Center Bank
—
—
Jose Cervantes
—
Deed Of Trust
related
$381,000 · Hanmi 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16760 Palm Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
