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Property profile & analytics
OFF-MARKET
Estimated value
$2,580,000
Office buildings
46845 Monroe St Indio, CA 92201-5547
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2589496
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Construction
WOOD
Total area
10,620 SF
Lot
1.2 ac (52,272 SF)
APN
616-120-045
UPID
US09-2589496
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
-
Social Security Administration Social Security Office
-
Social Security Office Corporate Office
-
Bommarito Salvatore Law Firm
-
Keith J Stone Law Offices Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.74M
Comparable Approach
Comparable
$2.15M
Blend (final)
Blend
$2.58M
Owner & transaction history
Borra Lafond Monroe LLC · 1 yrs held
Borra Lafond Monroe LLC
since 2025
7 recorded transactions
Zoning & alternative use
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%
$2,965,000
6.5%
$2,740,000
7%
$2,545,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,885,000
Current use
WAREHOUSE, STORAGE
$2,680,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$2.58M
Range $2.32M – $2.84M · ±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
$243 / 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
$67,549
Tax year 2024
Assessed value
$5,345,653
Assessed 2024
Previous assessed
$5,345,653
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$754,378
Assessed improvement
$4,591,275
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
NONE
Stories
1
Total area
10,620 SF
Lot
1.2 ac (52,272 SF)
APN
616-120-045
UPID
US09-2589496
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.9M
WAREHOUSE, STORAGE
Est. value
$2.7M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Borra Lafond Monroe LLC
Entity
Mailing address
1985 ORLANDO RD, SAN MARINO, CA 91108-1261
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2025
—
Borra Lafond Monroe LLC
Borra Lafond Properties Company LLC
Grant Deed
—
Jun 30, 2016
$4,606,000
Borra-lafond Properties Co
Pbc Acquisitions V LLC
Grant Deed
$400,000 · Berliner Allen J Trust (rt)
Aug 12, 2014
$1,050,000
Pbc Acquisitions V LLC
Bukowski Family Trust
Grant Deed
—
May 16, 2002
—
Bukowski,tr
Bukowski,r Etal
Quit Claim Deed
related
—
Jul 22, 1997
$300,000
Ronald E Bukowski
Hooten Trust
Grant Deed
$900,000 · Valley Independent Bank
—
—
Ronald E Bukowski
—
Deed Of Trust
related
$800,000 · Valley Independent Bank
—
—
Fortress Credit Corp
—
Deed Of Trust
related
$50,000,000 · Fortress Cr
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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