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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Apartment buildings
45371 Park St Indio, CA 92201-4376
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1010928
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
WOOD
Total area
4,070 SF
Lot
0.18 ac (7,840 SF)
Zoning code
R3
APN
611-181-004
UPID
US09-1010928
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$436k
Blend (final)
Blend
$715k
Owner & transaction history
Neiyer 2006 Family Trust · 6 yrs held
Neiyer 2006 Family Trust
since 2019
7 recorded transactions
Zoning & alternative use
R3 · Indio, 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 Indio submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indio 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
$715k
Range $644k – $787k · ±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
$176 / 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
$10,345
Tax year 2024
Assessed value
$680,843
Assessed 2024
Previous assessed
$680,843
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$136,167
Assessed improvement
$544,676
Applied tax rate
7.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Stories
2
Units
6
Total area
4,070 SF
Lot
0.18 ac (7,840 SF)
Zoning code
R3
APN
611-181-004
UPID
US09-1010928
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Indio, CA
Zoning R3 · permitted uses
R3 · Indio, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indio. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Construction
WOOD
Heating
NONE
Stories
2
Units
6
Lot
0.18 ac
Current owner
From public records · entity-resolved
Neiyer 2006 Family Trust
Trust
Mailing address
5550 TOPANGA CYN BLVD STE #280, WOODLAND HILLS, CA 91367-7471
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2023
—
David Z Neiyer
—
Deed
related
$665,000 · Ahl Funding
Nov 8, 2021
—
David Z Neiyer
—
Deed
related
$150,000 · Total Lender Solutions
Oct 7, 2019
$635,000
Neiyer 2006 Family Trust
Radigan-rophy Living Trust
Grant Deed
$444,500 · Wild Berry Investments INC
Nov 28, 2016
—
Radigan-brophy Living Trust
Radigan-brophy,timothy
Quit Claim Deed
related
—
Oct 30, 2012
—
Anderson Living Trust
Anderson,gregory C
Quit Claim Deed
related
—
Nov 12, 2004
$409,500
Gregory C A Anderson
Martinez,armando O
Grant Deed
$292,500 · Provident Savings Bank
Nov 12, 2004
—
Gregory C A Anderson
Anderson,denise L
Quit Claim Deed
related
—
Apr 6, 2001
$135,000
Armando O Martinez
Meyer Trust
Grant Deed
$115,000 · Meyer Trust
Jan 19, 1999
$98,512
Meyer Trust
Brown,victor
Trustees Deed
—
Dec 5, 1997
—
Algrada Walker
Brown,victor
Grant Deed
related
—
Aug 5, 1997
—
Victor Brown
Brown,lourdes
Quit Claim Deed
related
—
Aug 5, 1997
$54,500
Brown,victor
Meyer Trust
Trustees Deed
$89,000 · Seller
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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