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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Strip malls
35472 Date Palm Dr Cathedral City, CA 92234-7036
Individually Owned
34-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2383991
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1776
Construction
TILT-UP CONCRETE
Total area
3,400 SF
Lot
0.28 ac (12,196 SF)
Zoning code
CP
APN
673-221-001
UPID
US10-2383991
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
-
Circle K Grocery & Convenience Store
-
Cardtronics ATM Atm
-
BitcoinX ATM Atm
-
Twice the Ice Big Box & Wholesale Store Distribution Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$660k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$715k
Owner & transaction history
Date Palm Colco · 34 yrs held
Date Palm Colco
since 1992
6 recorded transactions
Zoning & alternative use
CP · 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%
$715,000
6.5%
$660,000
7%
$610,000
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$210 / 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
$5,517
Tax year 2024
Assessed value
$438,480
Assessed 2024
Previous assessed
$438,480
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$311,024
Assessed improvement
$127,456
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
1776
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,400 SF
Lot
0.28 ac (12,196 SF)
Zoning code
CP
APN
673-221-001
UPID
US10-2383991
Jurisdiction
RIVERSIDE
Zoning & alternative use
CP · Cathedral City, CA
Zoning CP · permitted uses
CP · 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
1776
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Date Palm Colco
Individual
Mailing address
17942 SKY PARK CIR STE A, IRVINE, CA 92614-4432
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1992
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 1992
$1,650,000
Date Palm Colco
United Cal Sav
Grant Deed
$1,320,000 · Seller
Feb 5, 1992
$1,475,838
Cal Sav B United
Rasmussen,samuel
Trustees Deed
related
—
Oct 1, 1991
$274,271
Date Palm Center
Rasmussen,samuel
Trustees Deed
related
—
—
—
Colco-date Palm LP
—
Deed Of Trust
related
$50,000 · Cenfed Bank
—
—
Samuel Rasmussen
—
Deed Of Trust
related
$434,000 · Great American Fed'l Savings
—
—
Colco-date Palm LP
—
Deed Of Trust
related
$1,600,000 · Miscellaneous Ins 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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