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Property profile & analytics
FOR LEASE
Strip malls
440 S El Cielo Rd Palm Palm Springs, CA 92262
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-3262195
For Lease
1 / 3
Contact for pricing
440 S El Cielo Rd,Unit Palm, Palm Springs, CA 92262
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1991
Construction
WOOD
Lot
3.22 ac (140,263 SF)
Zoning code
R2
APN
677-280-036
UPID
US09-3262195
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. Sheila Sales Dental Office
-
El Taco Asado Restaurant
-
Nicolino's Italian Restaurant Restaurant
-
Desert Home Health Services Home Health Care Service
-
Carousel Bakery Palm Springs Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lclo LLC · 12 yrs held
Lclo LLC
since 2013
7 recorded transactions
Zoning & alternative use
R2 · Palm Springs, 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 Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$47,987
Tax year 2024
Assessed value
$3,402,632
Assessed 2024
Previous assessed
$3,402,632
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,983,010
Assessed improvement
$1,419,622
Applied tax rate
11.0000
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
For Lease
Year built
1991
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Lot
3.22 ac (140,263 SF)
Zoning code
R2
APN
677-280-036
UPID
US09-3262195
Jurisdiction
RIVERSIDE
Zoning & alternative use
R2 · Palm Springs, CA
Zoning R2 · permitted uses
R2 · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.22 ac
Current owner
From public records · entity-resolved
Lclo LLC
Entity
Mailing address
PO BOX 242523, ANCHORAGE, AK 99524-2523
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
—
Lclo LLC
—
Deed
related
$4,000,000 · First National Bank Alaska
Nov 26, 2019
—
Lclo LLC
—
Deed
related
—
Oct 9, 2013
—
Lclo LLC
Lillian Ann Fox
Grant Deed
$2,100,000 · First National Bank Alaska
Nov 14, 2008
—
Fox Lillian A Living Trust
Fox Family Trust
Quit Claim Deed
related
—
Nov 3, 2008
—
Lillian Fox
Fox,henry F & Herta S
Affidavit Of Death
related
—
Dec 19, 1994
$1,875,000
Fox Trust
El Cielo Associates
Grant Deed
—
—
—
Lclo LLC
—
Loan Modification
related
—
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?”
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