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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Turn key restaurants
72291 Hwy 111 Palm Desert, CA 92260-2744
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US10-3259512
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2012
Construction
WOOD
Total area
6,127 SF
Lot
1.26 ac (54,885 SF)
Zoning code
PC4SP
APN
640-020-046
UPID
US10-3259512
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
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$762k
Blend (final)
Blend
$650k
Owner & transaction history
Arcp Rl Portfolio IV LLC · 11 yrs held
Arcp Rl Portfolio IV LLC
since 2014
7 recorded transactions
Zoning & alternative use
PC4SP · Palm Desert, 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 Palm Desert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Desert 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
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$106 / 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
$42,073
Tax year 2024
Assessed value
$3,424,657
Assessed 2024
Previous assessed
$3,424,657
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,946,919
Assessed improvement
$1,477,738
Applied tax rate
18.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2012
Construction
WOOD
Heating
NONE
Stories
1
Total area
6,127 SF
Lot
1.26 ac (54,885 SF)
Zoning code
PC4SP
APN
640-020-046
UPID
US10-3259512
Jurisdiction
RIVERSIDE
Zoning & alternative use
PC4SP · Palm Desert, CA
Zoning PC4SP · permitted uses
PC4SP · Palm Desert, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Desert. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
Arcp Rl Portfolio IV LLC
Entity
Mailing address
PO BOX 800729, DALLAS, TX 75380-0729
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2014
$3,517,500
Arcp Rl Portfolio IV LLC
N & D Restaurants INC
Grant Deed
—
May 4, 2011
$1,550,000
N & D Restaurants INC
Three Dog Properties LLC
Grant Deed
—
Jan 5, 2007
—
Three Dog Properties LLC
Roberge Denise Trust
Grant Deed
—
Aug 4, 2004
—
Roberge,tr
Roberge,denise
Quit Claim Deed
related
—
Jul 21, 2004
$2,535,000
Denise Roberge
Bananaz Grill & Bar Palm Deser
Grant Deed
—
Mar 14, 2003
—
Bananza Grill
Agrawal,rajkumar & Mridula
Grant Deed
related
—
Apr 30, 1997
$1,457,000
Fury Investments INC
Restaurant Desert Assoc Ltd
Grant Deed
$671,000 · Seller
Aug 31, 1994
$685,000
Restaurant Desert Assoc Ltd
Cocos Restaurant
Grant Deed
related
$595,000 · First Community Bank Of Desert
—
—
Bananaz Grill
—
Deed Of Trust
related
$175,000 · American Floor Care INC
—
—
Bananza Grill
—
Deed Of Trust
related
$150,000 · Rhodes Trust
—
—
Bananaz Grill
—
Deed Of Trust
related
$1,333,000 · Temecula Valley Bank NA
—
—
Bananaz Grill
—
Deed Of Trust
related
$799,500 · Zions First 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.
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