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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Office buildings
51650 Avenida Bermudas, La Quinta, CA 92253-6108
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3147047
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1942
Construction
TILT-UP CONCRETE
Total area
2,125 SF
Lot
0.27 ac (11,761 SF)
Zoning code
R1
APN
770-182-003
UPID
US09-3147047
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
-
Madame Zelda’s Spiritual Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
$550k
Comparable Approach
Comparable
$734k
Blend (final)
Blend
$535k
Owner & transaction history
Julio C Preciado · 5 yrs held
Julio C Preciado
since 2020
Last sale
$515,000
5 recorded transactions
Zoning & alternative use
R1 · La Quinta, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$630,000
+8.7%
Medical building
$580,000
+0.6%
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
$565,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
$595,000
6.5%
$550,000
7%
$510,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$580,000
Current use
WAREHOUSE, STORAGE
$630,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$580,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $515k (Nov 18 2020)
Last sale anchor
$515k
Nov 18 2020
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
$252 / 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
$7,057
Tax year 2024
Assessed value
$546,521
Assessed 2024
Previous assessed
$546,521
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$122,038
Assessed improvement
$424,483
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
1942
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
2,125 SF
Lot
0.27 ac (11,761 SF)
Zoning code
R1
APN
770-182-003
UPID
US09-3147047
Jurisdiction
RIVERSIDE
Zoning & alternative use
R1 · La Quinta, CA
Zoning R1 · permitted uses
R1 · La Quinta, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Quinta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$580,000
WAREHOUSE, STORAGE
Est. value
$630,000
MEDICAL BUILDING
Est. value
$580,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1942
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
Julio C Preciado
Individual
Free & Clear · 5 yrs held
Mailing address
80678 APRICOT LN, INDIO, CA 92201-8491
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2020
$515,000
Julio C Preciado
Stanley Sakamoto
Grant Deed
—
Oct 30, 2014
—
Stanley Sakamoto
Abdelnour Ents LLC
Quit Claim Deed
related
—
Sep 22, 2011
—
Abdelnour Ents LLC
Sakamoto,stanley
Grant Deed
—
Apr 12, 2002
$330,000
Stanley A Sakamoto
Rovsek Trust
Grant Deed
$247,500 · Valley Independent Bank
Apr 4, 2001
$214,000
Rovsek Trust
Stokes Trust
Grant Deed
$146,250 · Washington Mutual Fsb
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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