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Property profile & analytics
OFF-MARKET
Estimated value
$2,550,000
Manufacturing properties
68900 Perez Rd Cathedral City, CA 92234-7201
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-4458483
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1996
Construction
TILT-UP CONCRETE
Total area
14,301 SF
Lot
0.62 ac (27,007 SF)
Zoning code
L1
APN
687-330-009
UPID
US09-4458483
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
-
Stonehouse General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.55M
CAP Approach
CAP
$1.81M
Comparable Approach
Comparable
$3.16M
Blend (final)
Blend
$2.55M
Owner & transaction history
K Perez Llci · 7 yrs held
K Perez Llci
since 2019
Last sale
$2.6M
7 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
$2,550,000
ML approach
$2,550,000
CAP Approach
CAP Return
Estimation
6%
$1,955,000
6.5%
$1,805,000
7%
$1,680,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,225,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$2.55M
Range $2.30M – $2.81M · ±10% · vs last sale $2.55M (Jun 18 2024)
Last sale anchor
$2.55M
Jun 18 2024
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
$178 / 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
$30,503
Tax year 2024
Assessed value
$2,504,446
Assessed 2024
Previous assessed
$2,504,446
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,504,446
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
1996
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
14,301 SF
Lot
0.62 ac (27,007 SF)
Zoning code
L1
APN
687-330-009
UPID
US09-4458483
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$4.2M
WAREHOUSE, STORAGE
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
1996
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
K Perez Llci
Individual
Free & Clear · 7 yrs held
Mailing address
64900 W PEREZ RD, CATHEDRAL CITY, CA 92264
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Apr 9, 2019
$3,790,000
K Perez Llci
Aguilar,sieve & Renee
Grant Deed
—
Apr 5, 2019
—
Steve Aguilar
Tribal Properties LLC
Quit Claim Deed
—
Feb 23, 2018
—
Tribal Properties LLC
Lakota Properties LLC
Quit Claim Deed
—
Jul 27, 2017
$2,400,000
Lakota Properties LLC
Ar Perez LLC
Grant Deed
$652,500 · Scott Goldstein
Nov 9, 2016
—
Ar Perez LLC
Shirvanyan,raymond
Grant Deed
related
—
Oct 13, 2016
$2,150,000
Raymond Shirvanyan
Jones,douglas C & Terrence B
Grant Deed
—
Mar 16, 2015
—
Douglas C Jones
Jones Douglas C & Terrance B
Quit Claim Deed
related
$600,000 · Bank Of Sthrn Ca
Feb 3, 2015
—
John F Skrabo JR.
Skrabo,angie M
Quit Claim Deed
related
—
Feb 3, 2015
$935,000
Douglas C Jones
Battezzato Marital Living Trus
Grant Deed
—
Apr 9, 2010
—
Robert M Beacom
Beacom S M Exempt Trust
Quit Claim Deed
related
—
Oct 24, 2007
—
Battezzato Living Trust
Battezzato Living Trust
Quit Claim Deed
related
—
May 5, 2005
—
Ann M S Decker
Lafon Denise 2002 Trust
Grant Deed
related
—
Feb 10, 1995
$174,500
Wilson & Dalton INC
Guardian,
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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