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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Retail space
66328 Pierson Blvd Desert Hot Springs, CA 92240-3658
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2104483
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1966
Construction
TILT-UP CONCRETE
Total area
803 SF
Lot
0.15 ac (6,534 SF)
Zoning code
C
APN
639-252-028
UPID
US09-2104483
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
-
Bigcloudz Dispensary (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$880k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
Abraham Mishal · 3 yrs held
Abraham Mishal
since 2022
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
C · Desert Hot Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$820,000
+286.3%
Neighborhood: shopping center
$690,000
+224.8%
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
$855,000
ML approach
$880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$820,000
Change: +286% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$690,000
Change: +225% · Conversion: Moderate
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $800k (Aug 4 2022)
Last sale anchor
$800k
Aug 4 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
$1,040 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$12,603
Tax year 2024
Assessed value
$754,800
Assessed 2024
Previous assessed
$754,800
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$61,200
Assessed improvement
$693,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
803 SF
Lot
0.15 ac (6,534 SF)
Zoning code
C
APN
639-252-028
UPID
US09-2104483
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$820,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$690,000
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Abraham Mishal
Individual
Mailing address
1440 NW 1ST CT, BOCA RATON, FL 33432-1718
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2022
$800,000
Abraham Mishal
Us Prime Property Management INC
Grant Deed
$400,000 · Prime Property Management INC
Nov 13, 2017
$290,000
Us Prime Property Management I
Aragon,nabor J & Renee J
Grant Deed
—
Sep 30, 2016
$245,000
Nabor J Aragon
Rodriguez,armando
Grant Deed
—
Mar 2, 2005
$184,500
Armando Rodriguez
Shepard Investments INC
Grant Deed
$92,088 · Canyon National Bank
Mar 2, 2005
—
Shepard Investments INC
66328 Pierson Blvd Trust
Grant Deed
—
Aug 17, 2004
$183,900
66328 Pierson Blvd Trust
Preffered Default Mgmt
Trustees Deed
$81,000 · Trevor Dodson
Oct 8, 2002
$125,000
Ray A Santiago
Hildebrand,michael
Grant Deed
$300,000 · Comerica Bank California
Nov 16, 2001
$43,000
Michael Hildebrand
Miner,joseph A
Grant Deed
—
Dec 15, 1994
$45,500
Joseph A Miner
Goff Trust
Grant Deed
$40,950 · Seller
—
—
Ray A Santiago
—
Deed Of Trust
related
$40,000 · Michael Hildebrand
—
—
Armando Rodriguez
—
Deed Of Trust
related
$77,000 · Cdc Small Business Finance Co
—
—
66328 Pierson Blvd Trust
—
Deed Of Trust
related
$81,000 · Trevor Dodson
—
—
66328 Pierson Blvd Trust
—
Deed Of Trust
related
$41,893 · Robert Marciel
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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