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Property profile & analytics
OFF-MARKET
Estimated value
$4,915,000
Strip malls
42065 Washington St Palm Desert, CA 92211-8024
Individually Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2846718
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1993
Construction
TILT-UP CONCRETE
Total area
50,000 SF
Lot
10.06 ac (438,213 SF)
Zoning code
CPS
APN
637-072-011
UPID
US09-2846718
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
-
Yee Judith DVM Veterinary Clinic
-
Animal Dermatology Clinic Veterinary Clinic
-
Little Caesars Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.70M
Blend (final)
Blend
$4.92M
Owner & transaction history
De Hacienda Plaza II · 11 yrs held
De Hacienda Plaza II
since 2014
7 recorded transactions
Zoning & alternative use
CPS · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.92M
Range $4.42M – $5.41M · ±10%
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
$98 / 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
$269,056
Tax year 2024
Assessed value
$21,913,782
Assessed 2024
Previous assessed
$21,913,782
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$6,073,938
Assessed improvement
$15,839,844
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
5
Stories
1
Units
7
Total area
50,000 SF
Lot
10.06 ac (438,213 SF)
Zoning code
CPS
APN
637-072-011
UPID
US09-2846718
Jurisdiction
RIVERSIDE
Zoning & alternative use
CPS · Palm Desert, CA
Zoning CPS · permitted uses
CPS · 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
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
5
Units
7
Lot
10.06 ac
Current owner
From public records · entity-resolved
De Hacienda Plaza II
Individual
Mailing address
15421 CHEMICAL LN, HUNTINGTON BEACH, CA 92649-1219
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2017
—
Plaza De Hacienda II LP
—
Deed
related
$11,100,000 · Barclays Bk/plc
Aug 18, 2014
$9,123,000
De Hacienda Plaza II
Fkc Palm Desert Parcel 1 LLC
Grant Deed
—
Aug 18, 2014
—
Plaza De Hacienda II LP
—
Loan Modification
related
$12,000,000 · Miscellaneous Ins Co
Feb 14, 2003
—
Fck Palm Desert Parcel 1 LLC
Fkc Palm Desert Homa LLC
Grant Deed
related
—
Feb 3, 1994
$36,000
Robert F Pence
Provident Life &
Grant Deed
—
Aug 20, 1992
$3,600,000
Provident Life
Palm,springs Bev
Grant Deed
$10,000,000 · Crestar Bank
—
—
Homa LLC
—
Deed Of Trust
related
$10,200,000 · Nomura Asset Capital Corp
—
—
Fkc Palm Desert Parcel I LLC
—
Deed Of Trust
related
$12,000,000 · Guardian Life Ins Co America
—
—
Plaza De Hacienda II LP
—
Deed Of Trust
related
$11,100,000 · Barclays Bk/plc
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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