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Property profile & analytics
OFF-MARKET
Retail space
67750 Palm Cyn Dr Cathedral City, CA 92234-5441
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0561821
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Construction
TILT-UP CONCRETE
Total area
5,106 SF
Lot
0.79 ac (34,412 SF)
Zoning code
A2
APN
681-320-038
UPID
US09-0561821
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
-
Target Grocery Grocery & Convenience Store Food Market
-
CVS Pharmacy
-
Jeffrey L. Flood, PharmD Pharmacy
-
CVS Pharmacy Pharmacy
-
CDReload Instant Bitcoin Crypto Atm
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
Cpn Land LLC · 1 yrs held
Cpn Land LLC
since 2024
Last sale
$4.0M
5 recorded transactions
Zoning & alternative use
A2 · Cathedral City, 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 Cathedral City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cathedral City 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
$1,275
Tax year 2024
Assessed value
$101,904
Assessed 2024
Previous assessed
$101,904
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$101,904
Applied tax rate
19.0000
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
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,106 SF
Lot
0.79 ac (34,412 SF)
Zoning code
A2
APN
681-320-038
UPID
US09-0561821
Jurisdiction
RIVERSIDE
Zoning & alternative use
A2 · Cathedral City, CA
Zoning A2 · permitted uses
A2 · Cathedral City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cathedral City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Cpn Land LLC
Entity
Mailing address
300 S PALM CYN DR, PALM SPRINGS, CA 92262-7302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2024
$4,000,000
Cpn Land LLC
Furer LLC
Grant Deed
$3,000,000 · Midfirst Bank
Jul 9, 2021
—
Grit Development LLC
—
Deed
related
$8,500,000 · The Bank Of Hemet
Jul 9, 2002
—
Festival Fun Parks LLC
—
Deed Of Trust
related
$110,000,000 · Antares Capital Corp Trustee
Aug 5, 1996
$300,000
Palm Canyon Zephyr
Palm Canyon Inv Partners
Trustees Deed
related
—
—
—
John Wessman
—
Deed Of Trust
related
$160,000 · Community Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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