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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Grocery and convenience stores
26401 Rice Rd Desert Center, CA 92239-3623
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2100566
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1968
Construction
WOOD
Total area
3,120 SF
Lot
1.5 ac (65,340 SF)
Zoning code
A120
APN
808-023-020
UPID
US09-2100566
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$693k
Blend (final)
Blend
$505k
Owner & transaction history
Desert Center Mini Mart INC · 13 yrs held
Desert Center Mini Mart INC
since 2013
4 recorded transactions
Zoning & alternative use
A120 · Desert Center, 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 Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Desert Center 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
$355,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$690,000
7%
$640,000
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$162 / 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
$4,754
Tax year 2024
Assessed value
$456,427
Assessed 2024
Previous assessed
$456,427
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$84,503
Assessed improvement
$371,924
Applied tax rate
62.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1968
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,120 SF
Lot
1.5 ac (65,340 SF)
Zoning code
A120
APN
808-023-020
UPID
US09-2100566
Jurisdiction
RIVERSIDE
Zoning & alternative use
A120 · Desert Center, CA
Zoning A120 · permitted uses
A120 · Desert Center, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Desert Center. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
Desert Center Mini Mart INC
Entity
Mailing address
77564 COUNTRY CLB DR STE #114, PALM DESERT, CA 92211-6225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2013
$370,500
Desert Center Mini Mart INC
Statler,kenneth E
Grant Deed
$275,400 · Kenneth E Statler
Mar 6, 2013
—
Kenneth E Statler
Statler,mary E
Affidavit Of Death
related
—
Aug 12, 1997
—
Kenneth E Etux Statler
Statler,kenneth D
Quit Claim Deed
related
—
—
—
Kenneth D Statler
—
Deed Of Trust
related
$20,000 · Eldorado 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.
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