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Property profile & analytics
FOR SALE
Retail space
35900 Date Palm Dr Cathedral City, CA 92234
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2931123
For Sale
1 / 4
$12,000,000
35900 Date Palm Dr, Cathedral City, CA 92234
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
WOOD
Total area
80,580 SF
Lot
6.02 ac (262,231 SF)
Zoning code
CPS
APN
673-250-026
UPID
US10-2931123
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
-
Burlington Coat Factory (Store Closing on Jan 19, 2018) Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.39M
Blend (final)
Blend
$9.23M
Owner & transaction history
Cristina Companies Cathedral City L · 4 yrs held
Cristina Companies Cathedral City L
since 2022
Last sale
$9.2M
7 recorded transactions
Zoning & alternative use
CPS · 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
$9,855,000
ML approach
$8,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.23M
Range $8.31M – $10.15M · ±10% · vs last sale $9.20M (May 10 2022)
Last sale anchor
$9.20M
May 10 2022
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
$115 / 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
$105,148
Tax year 2024
Assessed value
$8,354,410
Assessed 2024
Previous assessed
$8,354,410
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$3,639,293
Assessed improvement
$4,715,117
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
2007
Construction
WOOD
Heating
NONE
Stories
1
Total area
80,580 SF
Lot
6.02 ac (262,231 SF)
Zoning code
CPS
APN
673-250-026
UPID
US10-2931123
Jurisdiction
RIVERSIDE
Zoning & alternative use
CPS · Cathedral City, CA
Zoning CPS · permitted uses
CPS · 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
2007
Construction
WOOD
Heating
NONE
Stories
1
Lot
6.02 ac
Current owner
From public records · entity-resolved
Cristina Companies Cathedral City L
Entity
Free & Clear · 4 yrs held
Mailing address
5701 LONETREE BLVD STE #102, ROCKLIN, CA 95765-3792
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
—
Cristina Companies Cathedral City L
35900 Date Palm LLC
Correction Deed
related
—
May 10, 2022
$9,200,000
Cristina Properties LLC
35900 Date Palm LLC
Grant Deed
—
Apr 13, 2018
$4,000,000
35900 Date Palm LLC
Lansdowne Equity Ventures USA
Grant Deed
—
Jun 5, 2013
—
Equity Ventures USA Lansdowne
Central Pacific Bk
Grant Deed
related
—
Mar 29, 2012
—
Lansdowne Equity Ventures USA
Central Pacific Bk
Grant Deed
—
Oct 16, 2007
—
Jonas Robert M Family Trust
Cat City Storage LLC
Grant Deed
related
—
May 10, 2007
—
Cat City Storage LLC
—
Trustees Deed
related
$13,290,000 · Central Pacific Bank
Apr 10, 2006
—
Cat City Storage LLC
Vaghei M Family Trust
Grant Deed
$4,410,000 · United Commercial Bank
Nov 30, 2005
—
Flying Desert Lakes LLC
Shakib,kayhan
Grant Deed
related
—
Jan 26, 2005
—
Vaghei Mark Trust
Village Of Daly City Ptshp
Grant Deed
$2,400,000 · Centerbank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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