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Property profile & analytics
OFF-MARKET
Estimated value
$3,620,000
Manufacturing properties
68805 Perez Rd Cathedral City, CA 92234-7227
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0978626
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1981
Construction
TILT-UP CONCRETE
Total area
30,160 SF
Lot
3.3 ac (143,748 SF)
Zoning code
L1
APN
687-330-011
UPID
US09-0978626
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
-
Arce Auto Restyling Tint Shop Interior Design Auto Repair Shop
-
D & A Shade & Awning Co Building Supply Hardware & Home Improvement
-
Precision Heat & Air Hardware & Home Improvement HVAC Service
-
Dr V Auto Clinic Auto Repair Shop
-
Dian Cabinet Company General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.81M
Comparable Approach
Comparable
$3.17M
Blend (final)
Blend
$3.62M
Owner & transaction history
Frome Developments Omega LLC · 9 yrs held
Frome Developments Omega LLC
since 2016
2 recorded transactions
Zoning & alternative use
L1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,130,000
6.5%
$3,810,000
7%
$3,540,000
Blend value · Realmo final
$3.62M
Range $3.26M – $3.98M · ±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
$120 / 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
$62,566
Tax year 2024
Assessed value
$5,123,681
Assessed 2024
Previous assessed
$5,123,681
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,934,306
Assessed improvement
$3,189,375
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
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Total area
30,160 SF
Lot
3.3 ac (143,748 SF)
Zoning code
L1
APN
687-330-011
UPID
US09-0978626
Jurisdiction
RIVERSIDE
Zoning & alternative use
L1 · Cathedral City, CA
Zoning L1 · permitted uses
L1 · 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
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Lot
3.3 ac
Current owner
From public records · entity-resolved
Frome Developments Omega LLC
Entity
Mailing address
151 KALMUS DR STE F2, COSTA MESA, CA 92626-5965
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2022
—
Frome Developments Omega LLC
—
Deed
related
$8,000,000 · Jpmorgan Chase Bank NA
Aug 26, 2016
$8,186,500
Frome Developments Omega LLC
Goble Investments LLC
Grant Deed
—
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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