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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Strip malls
56778 29th Palms Hwy Yucca Valley, CA 92284-2977
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-1454256
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1981
Construction
WOOD FRAME
Total area
3,900 SF
Lot
0.51 ac (22,100 SF)
APN
0595-111-33-0000
UPID
US10-1454256
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
$555k
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$741k
Blend (final)
Blend
$535k
Owner & transaction history
Gary Lee · 4 yrs held
Gary Lee
since 2022
Last sale
$500,000
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
Method
Estimation
Statistic approach
$530,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$580,000
7%
$540,000
Alternative Use
Use
Estimation
RETAIL STORES
$865,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $500k (Mar 24 2022)
Last sale anchor
$500k
Mar 24 2022
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
$137 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,726
Tax year 2023
Assessed value
$520,200
Assessed 2024
Previous assessed
$510,000
+2.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$118,606
Assessed improvement
$401,594
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1981
Construction
WOOD FRAME
Heating
NONE
Units
4
Total area
3,900 SF
Lot
0.51 ac (22,100 SF)
APN
0595-111-33-0000
UPID
US10-1454256
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$865,000
RETAIL STORES
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
1981
Construction
WOOD FRAME
Heating
NONE
Units
4
Lot
0.51 ac
Current owner
From public records · entity-resolved
Gary Lee
Individual
Mailing address
25 PAVONA, NEWPORT COAST, CA 92657-1216
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2022
$500,000
Gary Lee
Terry William Hart
Grant Deed
—
Jan 5, 2021
—
Hart,oscar W & Joanne R Trust
Pds Locks INC
Quit Claim Deed
related
—
Jun 3, 2019
—
Pds Locks INC
Hart O W & J R Trust
Quit Claim Deed
—
Feb 9, 2016
$100,000
Hart,oscar W & Joanne R Trust
Schroeder,melvin G
Grant Deed
—
Feb 9, 2016
—
Melvin G Schroeder
Schroeder,nancy M
Quit Claim Deed
related
—
Dec 20, 2013
$200,000
Hart,oscar W & Joanne Trust
Mistal,chester G & Ann M
Grant Deed
—
Mar 28, 2012
$439,297
Chester G Mistal
Fidelity National Title Co
Trustees Deed
related
—
Feb 16, 2007
$650,000
Sheila L Hodge
Chester G Mistal
Grant Deed
$150,000 · Hensel Financial INC
Feb 16, 2007
—
Melvin G Schroeder
Schroeder,nancy M
Quit Claim Deed
related
—
Jan 11, 2007
—
Chester G Mistal
Space Rock Trust
Quit Claim Deed
related
—
Sep 8, 2004
—
Melvin G Schroeder
Mistal,chester G & Ann M
Quit Claim Deed
related
—
Sep 24, 2003
$160,000
Chester G Mistal
Miller,tr
Grant Deed
$160,000 · Miller Trust
Jun 16, 1998
—
James P Etal Miller
Miller,james P Etux
Quit Claim Deed
related
—
—
—
Chester G Mistal
—
Deed Of Trust
related
$66,000 · Rauschenberg M D & R L Trust
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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