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Property profile & analytics
OFF-MARKET
Office Spaces
62815 29th Palms Hwy Joshua Tree, CA 92252
Entity Owned
~
Est. High Equity
Property ID
US10-1485663
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1989
Construction
WOOD FRAME
Total area
960 SF
Lot
2.32 ac (101,059 SF)
APN
0604-051-48-0000
UPID
US10-1485663
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
-
Able 2 Help Bail Bonds Law Firm
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
Snaggletooth & Nail LLC
Snaggletooth & Nail LLC
since 2025
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 Joshua Tree submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Joshua Tree 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
$1,935
Tax year 2023
Assessed value
$145,018
Assessed 2024
Previous assessed
$142,174
+2.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$89,242
Assessed improvement
$55,776
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
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1989
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Total area
960 SF
Lot
2.32 ac (101,059 SF)
APN
0604-051-48-0000
UPID
US10-1485663
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
1989
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Lot
2.32 ac
Current owner
From public records · entity-resolved
Snaggletooth & Nail LLC
Entity
Mailing address
423 W LANCASTER BLVD, LANCASTER, CA 93534-2539
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2025
$285,000
Snaggletooth & Nail LLC
The Bam Family Trust
Grant Deed
$185,000 · Senior Rewards Now INC
May 30, 2025
$130,000
Jennifer H Herman
Herman Family Properties LLC
Grant Deed
$100,000 · Herman Family Properties LLC
Dec 29, 2017
—
Herman Family Properties LLC
—
Deed
related
—
Nov 15, 2017
—
Herman Family Properties LLC
Herman,robert C SR & Gayla A
Quit Claim Deed
related
—
Jan 22, 2015
$122,000
Robert C Herman SR.
Johnson,christopher L
Grant Deed
—
Jan 22, 2015
—
Christopher L Johnson
Johnson,peggy A L
Quit Claim Deed
related
—
Apr 30, 2014
—
Christopher L Johnson
Johnson D M Living Trust
Quit Claim Deed
related
—
Mar 13, 2014
—
Sheila Johnson
Johnson,dave M
Affidavit Of Death
related
—
—
—
Herman Family Properties LLC
—
Deed Of Trust
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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