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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Manufacturing properties
68358 Kieley Rd Cathedral City, CA 92234-7205
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3228606
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Construction
WOOD
Total area
2,160 SF
Lot
0.25 ac (10,890 SF)
Zoning code
IP
APN
687-072-028
UPID
US10-3228606
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
-
Iron Concepts Inc Production Facility Metal Fabrication Plant
-
CTL Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$636k
Blend (final)
Blend
$570k
Owner & transaction history
Cathedral Holding LLC · 8 yrs held
Cathedral Holding LLC
since 2018
7 recorded transactions
Zoning & alternative use
IP · Cathedral City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$935,000
+29.7%
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
Method
Estimation
Statistic approach
by Request
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$720,000
Current use
AUTO REPAIR, GARAGE
$935,000
Change: +30% · Conversion: Easy
RETAIL STORES
$675,000
Change: -6% · Conversion: Moderate
WAREHOUSE, STORAGE
$640,000
Change: -11% · Conversion: Easy
MEDICAL BUILDING
$590,000
Change: -18% · Conversion: Difficult
OFFICE BUILDING
$585,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10%
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
$264 / 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
$16,189
Tax year 2024
Assessed value
$1,329,694
Assessed 2024
Previous assessed
$1,329,694
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$398,908
Assessed improvement
$930,786
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
2,160 SF
Lot
0.25 ac (10,890 SF)
Zoning code
IP
APN
687-072-028
UPID
US10-3228606
Jurisdiction
RIVERSIDE
Zoning & alternative use
IP · Cathedral City, CA
Zoning IP · permitted uses
IP · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$720,000
AUTO REPAIR, GARAGE
Est. value
$935,000
RETAIL STORES
Est. value
$675,000
WAREHOUSE, STORAGE
Est. value
$640,000
MEDICAL BUILDING
Est. value
$590,000
OFFICE BUILDING
Est. value
$585,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1972
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Cathedral Holding LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1249 S DIAMOND BAR BLVD #63, DIAMOND BAR, CA 91765-4122
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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 12, 2018
—
Cathedral Holding LLC
Wealthy Daddy Investment LLC
Grant Deed
—
Sep 11, 2017
$990,000
Wealthy Daddy Investment LLC
Capozzi,brent T
Grant Deed
—
Dec 29, 2011
$250,000
Brent T Capozzi
Cox Family Trust
Grant Deed
$225,000 · Cox Family Trust (pt)
Jan 17, 2003
$220,000
Cox,tr
Anderberg,phillip J & Gail A
Grant Deed
—
Jan 9, 1997
$190,000
Phillip J Anderberg
Meehan,charles & Helen
Grant Deed
$165,000 · Seller
Nov 1, 1988
$128,000
Meehan Charles
Lee Harold G
Grant Deed
$96,000 · Lee Harold G
—
—
Cox,tr
—
Deed Of Trust
related
$36,250 · Bank Of America
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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