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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Strip malls
72450 Ramon Rd Thousand Palms, CA 92276-3399
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0772717
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Construction
WOOD
Total area
16,525 SF
Lot
2.54 ac (110,642 SF)
Zoning code
R1C
APN
650-111-038
UPID
US09-0772717
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
-
San Miguels Desserts and Fruits Restaurant Take-out & Catering
-
Blue Collar Staffing Inc. Employment Agency
-
Flor Hermosa Bouquets (Bike/Boat/Book/etc) Store Florist
-
Primo Water Refill Big Box & Wholesale Store
-
Carniceria San Miguel Take-out & Catering Butcher
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.54M
Owner & transaction history
Ramon Dev LLC · 14 yrs held
Ramon Dev LLC
since 2012
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$93 / 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
$37,973
Tax year 2024
Assessed value
$3,004,437
Assessed 2024
Previous assessed
$3,004,437
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$345,805
Assessed improvement
$2,658,632
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
16,525 SF
Lot
2.54 ac (110,642 SF)
Zoning code
R1C
APN
650-111-038
UPID
US09-0772717
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
2002
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
2.54 ac
Current owner
From public records · entity-resolved
Ramon Dev LLC
Entity
Mailing address
77900 AVE OF THE STATES, PALM DESERT, CA 92211-8003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2016
—
Ramon Dev LLC
—
Deed
related
$801,784 · Firstbank
Mar 5, 2012
—
Ramon Dev LLC
Ramon Dev
Quit Claim Deed
—
Aug 22, 1999
$225,000
Ramon Dev
Ramon
Grant Deed
related
—
Apr 22, 1999
$225,000
Ramon Development
Lipscomb,jack
Grant Deed
—
Oct 17, 1995
$317,447
Lipscomb Trust
Vail,dan E
Trustees Deed
—
Aug 10, 1993
—
Dan E Vail
Vail Trust
Quit Claim Deed
related
$287,500 · Capital Management Group
Dec 21, 1992
$575,000
Vail Trust
Thousand Palms
Grant Deed
$75,000 · Seller
—
—
Ramon Development
—
Deed Of Trust
related
$830,000 · Firstbank NA
—
—
Ramon Dev
—
Deed Of Trust
related
$1,000,000 · Firstbank NA
—
—
Ramon Dev LLC
—
Deed Of Trust
related
$801,784 · Firstbank
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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