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Property profile & analytics
OFF-MARKET
Retail space
49648 29th Palms Hwy Morongo Valley, CA 92256-9210
Individually Owned
2-yr Hold
Free & Clear
Property ID
US10-1553892
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
WOOD FRAME
Total area
1,036 SF
Lot
0.22 ac (9,800 SF)
APN
0584-172-09-0000
UPID
US10-1553892
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Robert Christopher Lee Laster · 2 yrs held
Robert Christopher Lee Laster
since 2023
Last sale
$240,000
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 Morongo Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morongo Valley 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,125
Tax year 2023
Assessed value
$240,000
Assessed 2024
Previous assessed
$193,800
+23.8% YoY
Effective rate
0.89%
On assessed value
Assessed land
$65,000
Assessed improvement
$175,000
Applied tax rate
94.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1960
Construction
WOOD FRAME
Heating
NONE
Units
1
Total area
1,036 SF
Lot
0.22 ac (9,800 SF)
APN
0584-172-09-0000
UPID
US10-1553892
Jurisdiction
SAN BERNARDINO
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
1960
Construction
WOOD FRAME
Heating
NONE
Units
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Robert Christopher Lee Laster
Individual
Free & Clear · 2 yrs held
Mailing address
11420 JUNIPER AVE, MORONGO VALLEY, CA 92256-9664
Ownership since
2023
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
Dec 8, 2023
$240,000
Robert Christopher Lee Laster
Ryson Management LLC
Grant Deed
—
Jul 8, 2021
$190,000
Ryson Management LLC
Juliana Lea Jackson
Grant Deed
$127,300 · Henry Jackson
Oct 1, 2019
—
Owner Name Unavailable
Henry L Jackson
Affidavit Of Death
related
—
Feb 8, 2005
—
Jackson,h L & M W 2005 Trust
Henry L Jackson
Quit Claim Deed
related
—
Jul 13, 1989
$19,000
Jackson Henry L
Hickin Benjamin
Trustees Deed
related
$10,000 · Hickin Benjamin
Jul 13, 1989
—
Hickin Benjamin
Harker Mark H
Trustees Deed
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.
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