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Property profile & analytics
OFF-MARKET
Office buildings
66292 Pierson Blvd Desert Hot Springs, CA 92240-3658
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-2688232
Property summary
AI-generated overview
This exceptional 2,500-square-foot commercial property, situated on a 0.15-acre lot at 66292 Pierson Blvd in Desert Hot Springs, CA, presents a compelling investment opportunity. The single-story building, constructed in 2003, boasts a wood-frame structure and features a modern, inviting layout ideal for a variety of uses. Currently vacant, this property offers significant potential for owner-users or investors seeking a high-traffic location. The Downtown Commercial (C-D) zoning allows for diverse applications, including general office, retail, and restaurants. Previously occupied by a cannabis dispensary, the property holds a state license for storefront retail
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
WOOD
Total area
1,599 SF
Lot
0.15 ac (6,534 SF)
Zoning code
C
APN
639-252-024
UPID
US10-2688232
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
-
Dank House (Bike/Boat/Book/etc) Store
-
DESERT HOT SPRINGS COLLECTIVE (Bike/Boat/Book/etc) Store
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
Tricia Kim
Tricia Kim
since 2025
Last sale
$250,000
7 recorded transactions
Zoning & alternative use
C · 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
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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,844
Tax year 2024
Assessed value
$819,315
Assessed 2024
Previous assessed
$819,315
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$166,464
Assessed improvement
$652,851
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,599 SF
Lot
0.15 ac (6,534 SF)
Zoning code
C
APN
639-252-024
UPID
US10-2688232
Jurisdiction
RIVERSIDE
Zoning & alternative use
C · Desert Hot Springs, CA
Zoning C · permitted uses
C · Desert Hot Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Desert Hot Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Tricia Kim
Individual
Mailing address
6806 FALLSBROOK CT STE #3, GRANITE BAY, CA 95746-6519
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2025
$250,000
Tricia Kim
66292 Holding LLC
Grant Deed
—
Jul 3, 2023
—
66292 Holding LLC
—
Deed
related
$9,052,445 · We Alliance Tactical Holding II LLC
Dec 30, 2021
$787,500
66292 Holding LLC
66292 Pierson LLC
Grant Deed
$5,000 · We Alliance Tactical Holdings II Ll
Jan 16, 2018
—
66292 Pierson LLC
—
Deed
related
$400,000 · Dino Sogoyan
Apr 20, 2016
$225,000
66292 Pierson LLC
United Domestic Workers Of Americ
Grant Deed
$150,000 · United Domestic Workers/americ
Nov 18, 2008
$195,000
United Domestic Workers Of Americ
Rhodes Marital Trust
Grant Deed
—
Dec 1, 2004
—
Rhodes Trust
Rhodes Trust
Quit Claim Deed
related
—
Jan 6, 2004
$225,000
Rhodes,tr
Jlp Investment
Grant Deed
$148,850 · Palm Desert National Bank
Jan 6, 2004
—
Jlp Investment
Pitiak,joseph L
Grant Deed
related
—
Oct 21, 2002
$10,000
J L P Investments LP
Saenz,james O & Angela
Grant Deed
—
—
—
66292 Pierson LLC
—
Deed Of Trust
related
$400,000 · Dino Sogoyan
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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