Individually Owned Property summary
This exceptional single-tenant, absolute NNN industrial warehouse, located at 42502 Melanie Pl, Palm Desert, CA 92211, presents a compelling investment opportunity. The 9,000 square-foot building, constructed in 1991 and situated on a 0.55-acre lot, boasts a 16-foot ceiling height, one loading dock with one dock-high door. Currently leased at 100% occupancy with a corporate guarantee from a subsidiary of The Home Depot, the lease commenced August 8, 2010, and expires August 7, 2027, leaving… approximately 2.7 years remaining. The property features annual rent bumps tied to the CPI, ensuring consistent income growth. With a current NOI of $114,972 and an asking price of $2,395,000, this translates to an attractive 4.80% cap rate. The property is zoned SI Service Industrial and offers a secure, long-term investment with minimal landlord responsibilities. This is a rare opportunity to acquire a high-quality, single-tenant industrial asset in the desirable Cook Street area of Palm Desert, within the greater Coachella Valley/Palm Springs submarket. The property's strong tenant, lease terms, and location make it an ideal addition to any investment portfolio. The property's APN is 634-260-009.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 8,012 SF
- Lot area
- 0.55 ac
- Year built
- 1991
- Stories
- 1
- APN
- 634-260-009
- Zoning
- CPS
- Assessed value · 2024
- $1,040,734
- Annual tax · 2024
- $12,854
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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