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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Manufacturing properties
72128 Adelaid St Thousand Palms, CA 92276-2309
Trust Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2037243
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2004
Construction
TILT-UP CONCRETE
Total area
6,918 SF
Lot
0.54 ac (23,522 SF)
Zoning code
MSC
APN
650-360-019
UPID
US09-2037243
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
-
Alpha Set Marketing & Advertising
-
Tim's Gun Shop Gun Shop
-
Adept Communications, Inc. Telecommunications Service General Contractor
-
Golden State Armory Gun Shop Ammunition Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$875k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Lewis Family 2012 Trust · 13 yrs held
Lewis Family 2012 Trust
since 2013
3 recorded transactions
Zoning & alternative use
MSC · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$945,000
6.5%
$875,000
7%
$810,000
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$101 / 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
$9,620
Tax year 2024
Assessed value
$759,292
Assessed 2024
Previous assessed
$759,292
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$177,164
Assessed improvement
$582,128
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
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
6,918 SF
Lot
0.54 ac (23,522 SF)
Zoning code
MSC
APN
650-360-019
UPID
US09-2037243
Jurisdiction
RIVERSIDE
Zoning & alternative use
MSC · Thousand Palms, CA
Zoning MSC · permitted uses
MSC · 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
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Lewis Family 2012 Trust
Trust
Free & Clear · 13 yrs held
Mailing address
57632 SUNNYSLOPE DR, YUCCA VALLEY, CA 92284-3063
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2013
—
Lewis Family 2012 Trust
Lewis,timothy W & Lindarae
Quit Claim Deed
related
—
May 4, 2010
$600,000
Timothy W Lewis
Aeroinvest INC
Grant Deed
—
Sep 30, 2003
—
Aeroinvest INC
—
Trustees Deed
related
$450,000 · Canyon National Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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