Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    39225 Washington St Palm Desert, CA 92211-4158

    • Manufacturing properties
    • 13,969 SF
    • 1.78 lot acres
    OFF-MARKET
    Last Sale
    Apr 05, 2021
    $2,050,000
    Value Estimations
    $2,515,000
    Show details
    Cap Rate Potential
    4.6%
    Manufacturing properties
    Location Intelligence
    Property ID
    US09-2691745
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cannabis 21+ Dispensary Palm Desert / Cannabis Store / Vaporizer Store

    Property Details for 39225 Washington St

    Year built
    2010
    Construction
    TILT-UP CONCRETE
    Lot size
    1.78 lot acres
    Property size
    13,969 SF
    Property type
    Manufacturing properties
    APN
    748-370-062
    APU
    748370062

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,515,000
      ML approach
      $2,450,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,910,000
      6.5%
      $1,765,000
      7%
      $1,640,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,258,000
      Market price range: $2.35M - $3.85M
      AI Estimate
      $2,185,000
      Market price range: $707k - $3.14M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,105,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Palm Desert
    County
    Riverside
    State
    California
    Longitude
    -116.302
    Latitude
    33.7641
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $30,145
    $764,069
    $1,687,112
    $2,451,181
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $560,000
      15,698 SF

      77750 Country Clb Dr

      MANUFACTURING (LIGHT) • 15,698 SF
      77750 Country Clb Dr, Palm Desert, CA 92211-6223
      View Details
    • Value Estimation
      $435,000
      9,227 SF

      73605 Dinah Shr Dr Ste 800h

      MANUFACTURING (LIGHT) • 9,227 SF
      73605 Dinah Shr Dr Ste 800h, Palm Desert, CA 92211-0823
      View Details
    • Value Estimation
      $1,090,000
      50,764 SF

      77583 El Duna Ct

      MANUFACTURING (LIGHT) • 50,764 SF
      77583 El Duna Ct, Palm Desert, CA 92211-4129
      View Details
    • Value Estimation
      $555,000
      15,123 SF

      42200 State St

      MANUFACTURING (LIGHT) • 15,123 SF
      42200 State St, Palm Desert, CA 92211-5124
      View Details
    • Value Estimation
      $570,000
      14,986 SF

      42201 Beacon Hl

      MANUFACTURING (LIGHT) • 14,986 SF
      42201 Beacon Hl, Palm Desert, CA 92211-5121
      View Details
    • Value Estimation
      $2,725,000
      5,280 SF

      75175 Merle Dr

      MANUFACTURING (LIGHT) • 5,280 SF
      75175 Merle Dr, Palm Desert, CA 92211-5181
      View Details

    Similar Nearby for Sale

    • $3,800,000
      16,343 SF

      Palm Desert Warehouse For Sale

      Commercial/industrial warehouse with recent renovations and convenient highway access.
      73605 Dinah Shore Dr, Palm Desert, CA 92211
      View Details
    • $1,020,000

      Industrial Condo in Palm Desert

      Industrial condo for sale with freeway access and ample parking.
      34300 Gateway Dr, Palm Desert, CA 92211
      View Details
    • $1,100,000
      0.95 Acres

      Palm Desert Industrial Lot

      Prime 0.95-acre industrial lot in Palm Desert, CA
      73665 Dinah Shore Dr, Palm Desert, CA 92211
      View Details
    • $4,750,000
      6.10 Acres

      Palm Desert Office/Flex Space

      Prime location, high-growth area, multiple uses
      0 Gerald Ford Dr, Palm Desert, CA 92211
      View Details
    • $5,910,960
      26,868 SF

      Palm Desert Industrial Warehouse Space

      Industrial warehouse near I-10, leased until February 2027.
      34420 Gateway Dr, Palm Desert, CA 92211
      View Details
    • $5,375,000
      31,428 SF

      Renovated Office/Flex/Industrial Building For Sale

      Two-story, fully air-conditioned and heated building with parking and retail/showroom.
      42650 Melanie Pl, Palm Desert, CA 92211
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      19,984 SF

      Enfield Industrial Space Available

      Palm Desert Manufacturing/Warehouse Space
      77700 Enfield Ln, Palm Desert, CA 92211
      View Details
    • $1.25 SF/Yr
      7,460 SF

      Palm Desert Warehouse Sublease

      Divisible warehouse space available for sublease through 2027.
      39-755 Berkey Dr, Palm Desert, CA 92211
      View Details
    • $1.40 SF/Yr
      12,943 SF

      Industrial/Flex Suite in Palm Desert

      Industrial/flex suite available for lease in Palm Desert, CA.
      35400 Gateway Dr, Palm Desert, CA 92211
      View Details
    • $3,400 /Mo
      2,231 SF

      Palm Desert Commercial Flex Space

      Multi-use space with offices and roll-up door garage.
      73700 Dinah Shore Dr, Palm Desert, CA 92211
      View Details
    • $1,700 /Mo
      1,200 SF

      Palm Desert Commercial Space Available

      Air-conditioned warehouse/industrial space for lease in Palm Desert, CA.
      39402 Berkey Dr, Palm Desert, CA 92211
      View Details
    • $15 SF/Yr
      5,933 SF

      Desert Country Plaza Retail Spaces

      Prime Palm Desert retail spaces available.
      77880-77952 Country Club Dr, Palm Desert, CA 92211
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    39225 Washington St
    Palm Desert, CA 92211-4158
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.