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Property profile & analytics
OFF-MARKET
Estimated value
$2,485,000
Office buildings
41990 Cook St F1003 Palm Desert, CA 92211-6100
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-0060882
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
WOOD
Total area
3,017 SF
Lot
0.05 ac (2,322 SF)
Zoning code
OP
APN
632-411-052
UPID
US09-0060882
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
-
Dr. Maisy S. Ibrahim, DDS Dental Office
-
Thomas C. Kopan, OD Physician
-
Beyond the Beat Dance Studio Theater & Performing Art Venue Training Center
-
Jon D. Emberland, OD Physician
-
Vintage Design Inc Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.49M
Owner & transaction history
Aaron S Bean Dpm INC · 2 yrs held
Aaron S Bean Dpm INC
since 2024
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
OP · Palm Desert, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.1M
+207.9%
Neighborhood: shopping center
$2.6M
+158.9%
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
$2,485,000
ML approach
$2,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,090,000
Change: +208% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,595,000
Change: +159% · Conversion: Difficult
Blend value · Realmo final
$2.49M
Range $2.24M – $2.73M · ±10% · vs last sale $2.49M (Jan 24 2024)
Last sale anchor
$2.49M
Jan 24 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
$824 / 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
$10,587
Tax year 2024
Assessed value
$859,523
Assessed 2024
Previous assessed
$859,523
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$144,070
Assessed improvement
$715,453
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
2007
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,017 SF
Lot
0.05 ac (2,322 SF)
Zoning code
OP
APN
632-411-052
UPID
US09-0060882
Jurisdiction
RIVERSIDE
Zoning & alternative use
OP · Palm Desert, CA
Zoning OP · permitted uses
OP · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Aaron S Bean Dpm INC
Entity
Mailing address
41990 COOK ST, PALM DESERT, CA 92211-6100
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2024
$2,485,000
Aaron S Bean Dpm INC
41990 Cook Street LLC
Grant Deed
$2,945,000 · Wells Fargo Bank NA
Oct 8, 2010
$4,398,470
Evertrust Bk
Lenders Foreclosure Svcs
Trustees Deed
related
—
Jul 31, 2008
—
Business Park Of Desert LLC
—
Deed Of Trust
related
$6,300,000 · Evertrust Bank
May 25, 2007
$1,027,500
Al2dot Investments LLC
Business Park Of The Desert
Grant Deed
$824,000 · Union Bank Of California
Feb 14, 2007
$2,157,000
Park Biz
Business Park Of Desert LLC
Grant Deed
$1,025,600 · Bank Of The West
Oct 5, 2006
$1,817,500
Fulcher Living Trust
Business Park Of Desert LLC
Grant Deed
$1,363,000 · Rabobank
Sep 29, 2006
$2,856,000
Southern Palm Partners LLC
Business Park Of Desert LLC
Grant Deed
$2,100,000 · Northern Trust Bank Of Ca
Sep 8, 2006
$1,817,500
G2h Mecca 1 LLC
Business Park Of Desert LLC
Grant Deed
$176,219 · Desert Commercial Bank
—
—
41990 Cook Street LLC
—
Loan Modification
related
$1,500,000 · Bank Of The West
—
—
41990 Cook Street LLC
—
Deed Of Trust
related
$1,500,000 · Bank Of The West
—
—
G2h Mecca 1 LLC
—
Deed Of Trust
related
$550,000 · Firstbank NA
—
—
Park Biz
—
Deed Of Trust
related
$1,054,000 · Cdc Small Business Finance Co
—
—
Esfandiar Shahandeh
—
Deed Of Trust
related
$331,000 · 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
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