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Property profile & analytics
OFF-MARKET
Retail space
56187 29th Palms Hwy Yucca Valley, CA 92284-2880
Individually Owned
14-yr Hold
Free & Clear
Property ID
US10-1450083
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1953
Construction
WOOD FRAME
Total area
2,120 SF
Lot
0.21 ac (9,000 SF)
APN
0587-292-09-0000
UPID
US10-1450083
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
-
Credit Menders Financial Advisor
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
George Gibbs · 14 yrs held
George Gibbs
since 2012
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 Yucca Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yucca 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
$2,423
Tax year 2023
Assessed value
$173,634
Assessed 2024
Previous assessed
$170,229
+2.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$49,258
Assessed improvement
$124,376
Applied tax rate
23.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1953
Construction
WOOD FRAME
Heating
NONE
Units
3
Total area
2,120 SF
Lot
0.21 ac (9,000 SF)
APN
0587-292-09-0000
UPID
US10-1450083
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
1953
Construction
WOOD FRAME
Heating
NONE
Units
3
Lot
0.21 ac
Current owner
From public records · entity-resolved
George Gibbs
Individual
Free & Clear · 14 yrs held
Mailing address
55709 29TH PALMS HWY, YUCCA VALLEY, CA 92284-2557
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2012
—
George Gibbs
Collins Kristopher Trust
Deed In Lieu Of Foreclosure
related
—
Mar 6, 2009
—
George R Gibbs
Gibbs,jessica A
Quit Claim Deed
related
—
Mar 6, 2009
$310,000
Collins K Family 2005 Trust
Gibbs,george
Grant Deed
$290,000 · George Gibbs
Oct 14, 1993
—
Davis Trust
Frank,jack S
Quit Claim Deed
related
—
Nov 24, 1992
$3,000
Noonan,gerard L
Wilson,terry C
Trustees Deed
related
—
Nov 24, 1992
$16,590
Gibbs,george
Noonan,gerard L
Trustees Deed
related
—
Nov 24, 1992
$1,000
Noonan,gerard L
Noonan,peter R
Trustees Deed
related
—
Mar 30, 1992
—
Gerard L Noonan
—
Deed Of Trust
related
—
Jun 13, 1989
$47,000
Wilson Terry C
Lukens George A
Grant Deed
—
—
—
George Gibbs
—
Deed Of Trust
related
$30,000 · Marlene P Wallace
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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