Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,000,000
Office buildings
40004 Cook St Palm Desert, CA 92211-5802
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-1802972
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
WOOD
Total area
23,620 SF
Lot
2.09 ac (91,040 SF)
Zoning code
PR4
APN
632-280-038
UPID
US10-1802972
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
-
Fidelity National Title Title Company
-
Guralnick & Gilliland, LLP Law Firm
-
Wayne S Guralnick Aplc Hoa Law Firm
-
Carol Miller Realtor Real Estate Agency
-
Dudek & Associates Consultant Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.36M
Blend (final)
Blend
$4.00M
Owner & transaction history
Coachella Associates LLC · 2 yrs held
Coachella Associates LLC
since 2024
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
PR4 · Palm Desert, 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 Desert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Desert 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
$4,000,000
ML approach
$4,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.00M
Range $3.60M – $4.40M · ±10% · vs last sale $4.00M (Mar 11 2024)
Last sale anchor
$4.00M
Mar 11 2024
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
$169 / 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
$46,620
Tax year 2024
Assessed value
$3,778,110
Assessed 2024
Previous assessed
$3,778,110
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,351,224
Assessed improvement
$2,426,886
Applied tax rate
18.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Construction
WOOD
Heating
NONE
Stories
2
Total area
23,620 SF
Lot
2.09 ac (91,040 SF)
Zoning code
PR4
APN
632-280-038
UPID
US10-1802972
Jurisdiction
RIVERSIDE
Zoning & alternative use
PR4 · Palm Desert, CA
Zoning PR4 · permitted uses
PR4 · Palm Desert, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Desert. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
WOOD
Heating
NONE
Stories
2
Lot
2.09 ac
Current owner
From public records · entity-resolved
Coachella Associates LLC
Entity
Mailing address
PO BOX 10239, PALM DESERT, CA 92255-0239
Ownership since
2024
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
May 8, 2024
—
Coachella Associates LLC
—
Deed
related
$1,639,000 · The Mortgage Capital Development Corp
Mar 14, 2024
—
Coachella Associates LLC
Gillway LLC
Re-recorded Document
related
—
Mar 11, 2024
$4,000,000
Coachella Associates LLC
Gillway LLC
Grant Deed
$2,000,000 · Pacific Premier Bank
Apr 30, 2009
—
Gillway LLC
Snellenberger Family Invs LLC
Grant Deed
$1,711,500 · California Bank & Trust
Dec 17, 2004
—
Snellenberger Family Invs LLC
United States Filter Corp
Grant Deed
related
—
Feb 29, 1996
—
United States Filter Corp
Helm Trust
Grant Deed
related
—
—
—
Snellenberger Family Invs LLC
—
Deed Of Trust
related
$3,330,000 · Valley Independent Bank
—
—
Gillway LLC
—
Deed Of Trust
related
$1,380,000 · Cdc Small Business Finance 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 40004 Cook St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
