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Property profile & analytics
OFF-MARKET
Estimated value
$2,485,000
Drive through restaurants
31875 Date Palm Dr Cathedral City, CA 92234-3144
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-2635193
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2023
Construction
WOOD
Total area
2,674 SF
Lot
0.64 ac (27,878 SF)
Zoning code
A2
APN
678-330-067
UPID
US09-2635193
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
-
Dave's Hot Chicken Restaurant Take-out & Catering
-
VALIDNAME Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.49M
Owner & transaction history
G Three Properties LLC · 2 yrs held
G Three Properties LLC
since 2024
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
A2 · Cathedral City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.7M
+64.9%
Neighborhood: shopping center
$2.3M
+38.7%
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 Cathedral City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cathedral City 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
$2,485,000
ML approach
$2,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,660,000
Current use
COMMERCIAL (GENERAL)
$2,735,000
Change: +65% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,300,000
Change: +39% · Conversion: Difficult
Blend value · Realmo final
$2.49M
Range $2.24M – $2.73M · ±10% · vs last sale $2.49M (Mar 14 2024)
Last sale anchor
$2.49M
Mar 14 2024
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
$929 / 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
$9,576
Tax year 2024
Assessed value
$760,604
Assessed 2024
Previous assessed
$760,604
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$530,604
Assessed improvement
$230,000
Applied tax rate
19.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2023
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,674 SF
Lot
0.64 ac (27,878 SF)
Zoning code
A2
APN
678-330-067
UPID
US09-2635193
Jurisdiction
RIVERSIDE
Zoning & alternative use
A2 · Cathedral City, CA
Zoning A2 · permitted uses
A2 · Cathedral City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cathedral City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
RESTAURANT Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2023
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
G Three Properties LLC
Entity
Mailing address
PO BOX 731, VERDUGO CITY, CA 91046-0731
Ownership since
2024
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
Mar 14, 2024
$2,485,000
G Three Properties LLC
Sage Ramon Cc LLC
Grant Deed
—
Mar 12, 2024
—
Sage Ramon Cc LLC
—
Deed
related
$10,000 · Single Box Cali LP
Dec 15, 2023
—
Sage Ramon Cc LLC
—
Deed
related
$10,000 · Single Box Cali LP
Sep 15, 2023
—
Sage Ramon Cc LLC
—
Deed
related
$1,920,000 · Single Box Call LP
Jun 14, 2023
—
Sage Ramon Cc LLC
—
Deed
related
$15,613,283 · Sb Inb Taylor LP
Jul 1, 2022
—
Sage Ramon Cc LLC
—
Deed
related
$1,462,535 · Revolution Realty Capital LLC
Jun 22, 2021
$895,000
Sage Ramon Cc LLC
Hft Golden Mile Center LLC
Grant Deed
$515,000 · Partners Capital Solutions Reit I L
Mar 22, 2021
—
Kenneth Jenkins
Kenneth Jenkins
Intrafamily Transfer
related
—
Mar 2, 2021
$5,375,000
Bernadine C King
F And F Investment Compan
Quit Claim Deed
related
—
Aug 28, 2020
—
F & F Inv Co
Golden Mile Inv Co
Quit Claim Deed
related
—
—
—
Golden Mile Investments Co
—
Deed Of Trust
related
$335,000 · Standard Insurance Co
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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