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Property profile & analytics
FOR SALE
Industrial land
6.86 Acres Little Morongo Desert Hot Springs, CA 92241
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-4479410
For Sale
1 / 2
$450,000
6.86 Acres Little Morongo, Desert Hot Springs, CA 92241
View Listing →
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
6.86 ac (298,821 SF)
Zoning code
W2
APN
665-190-018
UPID
US09-4479410
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
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
Alvaro Sandoval · 4 yrs held
Alvaro Sandoval
since 2022
Last sale
$540,000
7 recorded transactions
Zoning & alternative use
W2 · Desert Hot Springs, CA
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 Desert Hot Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Desert Hot Springs 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
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $540k (Jun 6 2022)
Last sale anchor
$540k
Jun 6 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
—
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
$7,928
Tax year 2024
Assessed value
$624,240
Assessed 2024
Previous assessed
$624,240
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$624,240
Applied tax rate
14.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
For Sale
Heating
NONE
Lot
6.86 ac (298,821 SF)
Zoning code
W2
APN
665-190-018
UPID
US09-4479410
Jurisdiction
RIVERSIDE
Zoning & alternative use
W2 · Desert Hot Springs, CAZoning W2 · permitted uses
W2 · Desert Hot Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
6.86 ac
Current owner
From public records · entity-resolved
Alvaro Sandoval
Individual
Free & Clear · 4 yrs held
Mailing address
PO BOX 121, DESERT HOT SPRINGS, CA 92240-0121
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2022
$540,000
Alvaro Sandoval
Ho Enterprises LLC
Grant Deed
—
Feb 24, 2020
$800,959
Ho Ents LLC
Sbs Trust Deed Network|little Morongo Land Dhs LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Sep 28, 2018
$1,000,000
Little Morango Land Dhs LLC
Ho,eric K
Grant Deed
$800,000 · Melissa Ho
Sep 28, 2018
—
Felix Ho
Kellie K Pal
Quit Claim Deed
related
—
Nov 9, 2007
$400,000
Eric K Ho
Beltran,angel J & Maria O
Grant Deed
—
Nov 9, 2007
—
Eric K Ho
Ho,melissa W
Quit Claim Deed
related
—
Jan 31, 2003
$1,500
Angel J Beltran
Hurst,alice & Patricia E
Grant 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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