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Property profile & analytics
OFF-MARKET
Strip malls
34001 Date Palm Dr Cathedral City, CA 92234
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2188724
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1991
Construction
WOOD
Total area
7,767 SF
Lot
17.31 ac (754,023 SF)
Zoning code
PCC
APN
687-440-020
UPID
US09-2188724
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sun Community Federal Credit Union · 1 yrs held
Sun Community Federal Credit Union
since 2025
Last sale
$24.8M
7 recorded transactions
Zoning & alternative use
PCC · Cathedral City, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$127,738
Tax year 2024
Assessed value
$10,120,641
Assessed 2024
Previous assessed
$10,120,641
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$5,432,768
Assessed improvement
$4,687,873
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
NONE
Stories
1
Units
8
Total area
7,767 SF
Lot
17.31 ac (754,023 SF)
Zoning code
PCC
APN
687-440-020
UPID
US09-2188724
Jurisdiction
RIVERSIDE
Zoning & alternative use
PCC · Cathedral City, CA
Zoning PCC · permitted uses
PCC · 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.
Building & site characteristics
From public records
Year built
1991
Construction
WOOD
Heating
NONE
Stories
1
Units
8
Lot
17.31 ac
Current owner
From public records · entity-resolved
Sun Community Federal Credit Union
Individual
Mailing address
17277 VENTURA BLVD #91316, ENCINO, CA 91316-4028
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2025
—
Cathedral City Venture LLC
—
Deed
related
$20,115,000 · Standard Insurance Company
Apr 23, 2025
—
Sun Community Federal Credit Union
Cathedral City Venture LLC
Deed
related
—
May 20, 2022
—
Mrof I Spe IV Cathedral LLC
—
Deed
related
$18,350,000 · Western Alliance Bank
Mar 31, 2022
$24,800,000
Mrof I Spe IV Cathedral LLC
Augusta Associates LP
Grant Deed
—
Jan 12, 2017
—
Augusta Associates LP
—
Grant Deed
related
$10,000,000 · Keybank USA
Jan 25, 2013
$16,000,000
34251 Date Palm Drive Holdings
Assured Lender Services
Trustees Deed
related
—
Apr 7, 2006
—
Bjs Cat-city LLC
Cathedral Cty Marketplace I Ll
Grant Deed
$25,250,000 · Bank Of America NA Bank Of America NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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