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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Manufacturing properties
72055 Corporate Way Thousand Palms, CA 92276-3334
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-3129264
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1993
Construction
TILT-UP CONCRETE
Total area
12,330 SF
Lot
0.84 ac (36,590 SF)
Zoning code
R1C
APN
650-080-030
UPID
US10-3129264
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.45M
CAP Approach
CAP
$1.56M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
Rl Asset Holdings LLC · 4 yrs held
Rl Asset Holdings LLC
since 2022
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
R1C · Thousand Palms, 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 Thousand Palms submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thousand Palms 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
$1,340,000
ML approach
$1,445,000
CAP Approach
CAP Return
Estimation
6%
$1,690,000
6.5%
$1,560,000
7%
$1,445,000
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10% · vs last sale $1.40M (Jan 26 2022)
Last sale anchor
$1.40M
Jan 26 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
$113 / 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
$18,389
Tax year 2024
Assessed value
$1,456,560
Assessed 2024
Previous assessed
$1,456,560
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$312,120
Assessed improvement
$1,144,440
Applied tax rate
61.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
12,330 SF
Lot
0.84 ac (36,590 SF)
Zoning code
R1C
APN
650-080-030
UPID
US10-3129264
Jurisdiction
RIVERSIDE
Zoning & alternative use
R1C · Thousand Palms, CA
Zoning R1C · permitted uses
R1C · Thousand Palms, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Thousand Palms. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Rl Asset Holdings LLC
Entity
Mailing address
PO BOX 1047, THOUSAND PALMS, CA 92276-1047
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2022
$1,400,000
Rl Asset Holdings LLC
Thomas L Black
Grant Deed
$980,000 · Community Commerce Bank
May 9, 2007
$1,694,000
Black Family Trust
Fikes J Family 1980 Trust
Grant Deed
$1,025,000 · Rabobank
Jan 21, 2005
$1,600,000
Fikes Jc & V L 1980 Trust
Aeroinvest INC
Grant Deed
—
Dec 21, 2001
$1,200,000
Aeroinvest INC
Sefton LLC
Grant Deed
$810,000 · Canyon National Bank
Oct 26, 2000
$925,000
Sefton LLC
Pearpoint INC
Grant Deed
—
Feb 14, 1992
—
Pearpoint INC
—
Grant Deed
related
$647,500 · Palm Springs Savings Bank
Mar 1, 1990
$239,000
Pearpoint INC
Birtcher Valley
Grant Deed
$159,333 · Mitsui & Co
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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