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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Office buildings
47040 Washington St La Quinta, CA 92253-2628
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2739863
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
WOOD
Total area
5,114 SF
Lot
0.25 ac (10,890 SF)
APN
643-200-018
UPID
US09-2739863
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
-
Palm Valley Insurance Services Insurance Agency
-
Robert W Jackson-Attorney At Law Law Firm
-
J Alan Plott Law Offices Law Firm Child Welfare Organization
-
Law Office of Matt H. Morris Law Firm
-
Lawyers Title Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$602k
Blend (final)
Blend
$670k
Owner & transaction history
La Quinta Developer LLC · 1 yrs held
La Quinta Developer LLC
since 2024
Last sale
$670,000
6 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 La Quinta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Quinta 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
$670,000
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $670k (Aug 22 2024)
Last sale anchor
$670k
Aug 22 2024
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
$131 / 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
$18,884
Tax year 2024
Assessed value
$1,228,887
Assessed 2024
Previous assessed
$1,228,887
+0.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$242,689
Assessed improvement
$986,198
Applied tax rate
20.0000
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
2004
Construction
WOOD
Heating
NONE
Stories
2
Total area
5,114 SF
Lot
0.25 ac (10,890 SF)
APN
643-200-018
UPID
US09-2739863
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
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
La Quinta Developer LLC
Entity
Mailing address
77900 PO BOX 1042, STUDIO CITY, CA 91614-0042
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2024
$4,200,000
La Quinta Developer LLC
La Quinta Developer LLC
Grant Deed
related
$2,500,000 · Citizens Business Bank
Nov 7, 2016
—
La Quinta Developers LLC
—
Deed
related
$1,093,552 · Firstbank
Jan 7, 2004
—
Heirloom Trail LLC
Molitor,philip H
Quit Claim Deed
related
$857,000 · Palm Desert National Bank
—
—
La Quinta Developers LLC
—
Deed Of Trust
related
$1,670,000 · Firstbank NA
—
—
La Quinta Developers LLC
—
Deed Of Trust
related
$1,200,000 · Firstbank NA
—
—
La Quinta Developers LLC
—
Deed Of Trust
related
$1,093,552 · Firstbank
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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