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Property profile & analytics
FOR LEASE
Strip malls
35325 Date Palm Dr Cathedral City, CA 92234
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-0978629
For Lease
1 / 2
$850,000
35325 Date Palm Dr, Cathedral City, CA 92234
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1990
Construction
WOOD
Total area
9,000 SF
Lot
4.39 ac (191,228 SF)
Zoning code
PCC
APN
009-607-643
UPID
US09-0978629
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
-
Bayardo Tax Service-Hector Bayardo CPA Tax Preparation
-
Nueva Era Musical II Cathedral City Wireless Retailer Telecommunications Service Data Center
-
Teresa L. Hodgkins, PharmD Pharmacy
-
Jade N. Le, PharmD Pharmacy
-
JMW Truss Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$667k
Blend (final)
Blend
$850k
Owner & transaction history
Bh Commercial Portfolio LLC · 11 yrs held
Bh Commercial Portfolio LLC
since 2015
5 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$850k
Range $765k – $935k · ±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
$94 / 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
$97,566
Tax year 2024
Assessed value
$7,768,001
Assessed 2024
Previous assessed
$7,768,001
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,163,285
Assessed improvement
$5,604,716
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
For Lease
Year built
1990
Construction
WOOD
Heating
NONE
Stories
2
Units
6
Total area
9,000 SF
Lot
4.39 ac (191,228 SF)
Zoning code
PCC
APN
009-607-643
UPID
US09-0978629
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
1990
Construction
WOOD
Heating
NONE
Stories
2
Units
6
Lot
4.39 ac
Current owner
From public records · entity-resolved
Bh Commercial Portfolio LLC
Entity
Mailing address
PO BOX 49993, LOS ANGELES, CA 90049-0993
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2015
—
Bh Commercial Portfolio LLC
Mlcfc 2007-7 Date Palm LP
Grant Deed
related
—
Jun 20, 2014
$2,250,000
Mlcfc 2007-7 Date Palm LP
First American Title
Trustees Deed
related
—
Sep 23, 1994
$842,896
Federal S Republic
Coble Tower Plaza
Trustees Deed
related
—
—
—
Granite/esplanade LLC
—
Deed Of Trust
related
$2,322,000 · La Jolla Savings Bank
—
—
Granite Of Esplanade LLC
—
Deed Of Trust
related
$3,500,000 · Countrywide Com'l R E Fin
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
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