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Property profile & analytics
OFF-MARKET
Manufacturing properties
367 Radio Rd Palm Springs, CA 92262-1631
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2818857
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1942
Construction
TILT-UP CONCRETE
Total area
1,810 SF
Lot
0.34 ac (14,810 SF)
Zoning code
M1
APN
669-442-004
UPID
US10-2818857
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
Iip-ca 2 LP · 7 yrs held
Iip-ca 2 LP
since 2019
7 recorded transactions
Zoning & alternative use
M1 · Palm Springs, 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 Palm Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs 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
$58,487
Tax year 2024
Assessed value
$4,773,084
Assessed 2024
Previous assessed
$4,773,084
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$541,352
Assessed improvement
$4,231,732
Applied tax rate
11.0000
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
1942
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
1,810 SF
Lot
0.34 ac (14,810 SF)
Zoning code
M1
APN
669-442-004
UPID
US10-2818857
Jurisdiction
RIVERSIDE
Zoning & alternative use
M1 · Palm Springs, CA
Zoning M1 · permitted uses
M1 · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1942
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Iip-ca 2 LP
Entity
Mailing address
11440 W BERNARDO CT STE #220, SAN DIEGO, CA 92127-1643
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2019
$6,309,500
Iip-ca 2 LP
Radio P S Properties LLC
Grant Deed
—
Jul 20, 2018
—
Radio P S Properties LLC
—
Grant Deed
related
$2,150,000 · Desert Const Svcs LLC
May 17, 2016
$3,262,500
Radio P S Properties LLC
Dardashti,shervin
Grant Deed
$2,300,000 · Shervin Dardashti
Jun 17, 2009
$700,000
Rutgard R P 1998 Living Trust
East West Bank
Grant Deed
—
Sep 19, 2008
$1,128,528
East West Bk
East-west Investment INC
Trustees Deed
related
—
Feb 9, 2006
$555,000
Richard Kay
Sirelson,michael & Sandra
Grant Deed
$675,000 · Farmers & Merchants Bk Lng Bch
—
—
Michael Sirelson
—
Deed Of Trust
related
$315,000 · Jackson Federal Bank
—
—
Michael Sirelson
—
Deed Of Trust
related
$358,000 · Imperial Thrift & Loan
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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