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Property profile & analytics
OFF-MARKET
Estimated value
$1,865,000
Manufacturing properties
36405 Bankside Dr, Cathedral City, CA 92234-7601
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1121965
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1987
Construction
TILT-UP CONCRETE
Total area
10,574 SF
Lot
0.49 ac (21,344 SF)
Zoning code
CBP-2
APN
687-311-009
UPID
US09-1121965
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
-
Sorbo Products Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.92M
CAP Approach
CAP
$1.34M
Comparable Approach
Comparable
$2.11M
Blend (final)
Blend
$1.87M
Owner & transaction history
Lakota Properties LLC · 4 yrs held
Lakota Properties LLC
since 2021
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
CBP-2 · 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
$2,020,000
ML approach
$1,915,000
CAP Approach
CAP Return
Estimation
6%
$1,445,000
6.5%
$1,335,000
7%
$1,240,000
Blend value · Realmo final
$1.87M
Range $1.68M – $2.05M · ±10% · vs last sale $1.65M (Dec 1 2021)
Last sale anchor
$1.65M
Dec 1 2021
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
$176 / 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
$43,603
Tax year 2024
Assessed value
$3,400,633
Assessed 2024
Previous assessed
$3,400,633
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$801,400
Assessed improvement
$2,599,233
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
10,574 SF
Lot
0.49 ac (21,344 SF)
Zoning code
CBP-2
APN
687-311-009
UPID
US09-1121965
Jurisdiction
RIVERSIDE
Zoning & alternative use
CBP-2 · Cathedral City, CA
Zoning CBP-2 · permitted uses
CBP-2 · 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
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Lakota Properties LLC
Entity
Mailing address
74293 DESERT BAJADA TRL, INDIAN WELLS, CA 92210-7003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2023
—
Lakota Properties LLC
—
Deed
related
$350,000 · The Parra Family Trust
Dec 1, 2021
—
Lakota Properties LLC
View Point Properties LLC
Grant Deed
—
Dec 1, 2021
$1,646,000
Lakota Properties LLC
Lakota Properties LLC
Grant Deed
related
$1,050,000 · T G Gold Properties LLC
Jun 25, 2020
—
Viewpoint Properties LLC
—
Deed
related
$100,000 · Ziari Aguilar
Mar 20, 2017
—
View Point Properties LLC
—
Deed
related
$1,000,000
Dec 13, 2016
$2,200,000
View Point Properties LLC
Bh Bankside Business Park LLC
Grant Deed
$722,000
Oct 21, 2013
$1,575,000
Bh Bankside Business Park LLC
Dmarc 2oo6-cd2 Cathedral Indus
Grant Deed
—
Aug 2, 2012
$4,200,000
Dmarc 2006-cd2 Cathedral Indus
Beacon Default Management
Trustees Deed
related
—
Oct 13, 2005
—
Garand Lane Associates LLC
Kahane Trust
Grant Deed
$8,250,000 · Citigroup Global Markets Realt
Mar 16, 2004
—
Garand Lane Associates LLC
White Rock Investment INC
Grant Deed
related
—
May 18, 1999
$2,136,000
White Rock Investments INC
Calpac INC
Grant Deed
$2,035,855 · Seller
—
—
Viewpoint Properties LLC
—
Deed Of Trust
related
$100,000 · Ziari Aguilar
—
—
View Point Properties LLC
—
Deed Of Trust
related
$1,000,000
—
—
Bh Bankside Business Park LLC
—
Loan Modification
related
—
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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