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Property profile & analytics
OFF-MARKET
Estimated value
$2,375,000
Turn key restaurants
46156 Dillon Rd Coachella, CA 92236-2028
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4893451
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2003
Construction
WOOD
Total area
8,120 SF
Lot
1.9 ac (82,764 SF)
Zoning code
CG
APN
603-102-024
UPID
US09-4893451
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
-
Chick Next Door Hot Chicken Restaurant
-
Coachella Canna Club Weed Dispensary (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.38M
Owner & transaction history
William L Grivas SR. · 1 yrs held
William L Grivas SR.
since 2025
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
CG · Coachella, 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 Coachella submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coachella 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
$2,175,000
ML approach
$2,315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.38M
Range $2.14M – $2.61M · ±10% · vs last sale $2.50M (Jun 2 2025)
Last sale anchor
$2.50M
Jun 2 2025
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
$292 / 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
$37,026
Tax year 2024
Assessed value
$3,018,195
Assessed 2024
Previous assessed
$3,018,195
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$845,092
Assessed improvement
$2,173,103
Applied tax rate
12.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
8,120 SF
Lot
1.9 ac (82,764 SF)
Zoning code
CG
APN
603-102-024
UPID
US09-4893451
Jurisdiction
RIVERSIDE
Zoning & alternative use
CG · Coachella, CA
Zoning CG · permitted uses
CG · Coachella, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coachella. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
1.9 ac
Current owner
From public records · entity-resolved
William L Grivas SR.
Individual
Mailing address
503 PACIFIC AVE, SOLANA BEACH, CA 92075-1121
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2025
—
William L Grivas SR.
William Grivas
Quitclaim Deed
related
—
Aug 8, 2017
—
William L Grivas SR
—
Deed
related
$165,000 · Grivas William L JR (pt)
Oct 12, 2012
$2,500,000
William Grivas
Dillon Investors LLC
Grant Deed
$2,000,000 · Dillon Investors LLC
Aug 13, 2009
$500,000
Dillon Investors LLC
Property Guarantee Co INC
Trustees Deed
related
—
Jan 22, 2009
—
Dillon Road Properties LLC
Foster,robert M
Quit Claim Deed
related
—
Jun 27, 2006
—
Dillon Road Properties LLC
Cloudy Moon INC
Grant Deed
$2,500,000 · Positano Premiere Properties
Jun 5, 2001
—
Moon Cloudy
Foster Robert Etal
Grant Deed
related
—
Jan 20, 1998
$64,000
Shih-chung Chang
Garver,lance
Grant Deed
—
Oct 11, 1994
$320,000
David T Hsu
First Community Bank
Grant Deed
$240,000 · First Community Bank Of Desert
Feb 1, 1989
$330,000
Soehnel Edward J
Henderson Richar
Trustees Deed
—
Feb 1, 1989
—
Edward J Soehnel
Soehnel Mary H
Quit Claim Deed
related
$230,000 · Henderson Richar
—
—
William L Grivas SR
—
Deed Of Trust
related
$165,000 · Grivas William L JR (pt)
—
—
Robert Foster
—
Deed Of Trust
related
$325,000 · Philippe Assous
—
—
Cloudy Moon INC
—
Deed Of Trust
related
$200,000 · Jan H Steiner
—
—
Cloudy Moon INC
—
Deed Of Trust
related
$850,000 · Jan H Steiner
—
—
Cloudy Moon INC
—
Deed Of Trust
related
$415,000 · Dalke & Sons Construction INC
—
—
Cloudy Moon INC
—
Deed Of Trust
related
$1,500,000 · Palo Plesnik
—
—
Edward J Soehnel
—
Deed Of Trust
related
$88,370 · First Community Bank
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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