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Property profile

42650 Melanie Pl Palm Desert, CA 92211

OFF-MARKET
Manufacturing properties
Property ID
US10-2554754
18,695 SF 1.51 ac lot Built 1991
Last sale Dec 2024 · $2,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 31,428-square-foot, two-story office building in Palm Desert, California, presents a compelling investment opportunity. Located within the desirable Cook Street Business Park, this Class B property boasts a prime location with convenient access to Interstate 10 and Highway 111. Constructed in 1991 and renovated in 2020, the building features reinforced concrete block construction and a highly stylized design. The 1.51-acre lot (65,776 sq ft) includes a fully walled property…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$119k
Tax billed · 2024
Assessed value$9.70M
Assessed land$1.04M
Assessed improvement$8.66M
Effective rate1.23%

Value estimate

· Nov 2026
$3.15M
$2.84M – $3.47M
CAP approach$2.36M
Submarket $/SF estimate$4.20M

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$222/SF
ZIP average, outlier-cleaned · 82 recorded sales of this use type
Observed band · Q1–Q3$168 – $276
Qualifying comparables19

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IP
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant26.9
Dental Office24.1
Hair Salon17.5

Location

42650 Melanie Pl Palm Desert, CA 92211-5170
County assessor Recorded deeds · 6 transfers 19 qualifying comp sales Zoning catalog

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
73605 Dinah Shr Dr, Palm Desert, CA 92211-0835 $2,300,000 May 2025 11,772 SF
39625 Entrepreneur, Palm Desert, CA 92211-0402 $1,950,000 Mar 2025 8,572 SF
42710 Melanie, Palm Desert, CA 92211-5177 $2,000,000 Oct 2024 8,400 SF
73760 Dinah Shr, Palm Desert, CA 92211-0836 $2,100,000 Apr 2024 9,886 SF
75220 Merle, Palm Desert, CA 92211-5163 $3,895,000 Jun 2022 18,240 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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