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Property profile & analytics
OFF-MARKET
Estimated value
$2,725,000
Turn key restaurants
72620 El Paseo Palm Desert, CA 92260-3321
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3158706
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1984
Construction
WOOD
Total area
8,801 SF
Lot
0.27 ac (11,761 SF)
Zoning code
PC3SP
APN
640-160-010
UPID
US10-3158706
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
-
VSS POP UP shop (Bike/Boat/Book/etc) Store
-
Crystal and gift shop Department Store
-
Ghost Burrito Restaurant Take-out & Catering
-
Cowboy Cantina Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.73M
Owner & transaction history
Rpm Rentals LLC · 4 yrs held
Rpm Rentals LLC
since 2022
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
PC3SP · 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
$2,660,000
ML approach
$2,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.73M
Range $2.45M – $3.00M · ±10% · vs last sale $2.70M (Jun 1 2022)
Last sale anchor
$2.70M
Jun 1 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
$310 / 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
$31,312
Tax year 2024
Assessed value
$2,548,980
Assessed 2024
Previous assessed
$2,548,980
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$384,948
Assessed improvement
$2,164,032
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
1984
Construction
WOOD
Heating
NONE
Stories
1
Total area
8,801 SF
Lot
0.27 ac (11,761 SF)
Zoning code
PC3SP
APN
640-160-010
UPID
US10-3158706
Jurisdiction
RIVERSIDE
Zoning & alternative use
PC3SP · Palm Desert, CA
Zoning PC3SP · permitted uses
PC3SP · 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
1984
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Rpm Rentals LLC
Entity
Mailing address
74998 COUNTRY CLB DR STE #220, PALM DESERT, CA 92260-1975
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2022
$2,700,000
Rpm Rentals LLC
Plant Based Creatures LLC
Grant Deed
$1,890,000 · First Bank
Oct 20, 2021
$2,100,000
Plant Based Creatures LLC
Cruz Benitez And Hamilton LLC
Grant Deed
$1,365,000 · Happy Dayz LLC
Jun 11, 2014
$1,600,000
Cruz Benitez & Hamilton LLC
Vag Corporation
Grant Deed
$1,740,000 · First Choice Bank
May 26, 2006
—
Vag Corp
Gelker,b E B & Lisa
Grant Deed
$1,200,000 · Citizens Business Bank
Jun 22, 2004
$2,370,000
Gelker B E
Armer & Armer Investments
Grant Deed
$1,300,000 · Bank Of Hemet
May 25, 2004
—
Armer Investments
Armer,carolene A
Quit Claim Deed
related
—
Oct 3, 1997
—
Hgk Palm Desert 2 LLC
Palm Desert Ltd
Quit Claim Deed
related
—
—
—
Main Street California INC
—
Deed Of Trust
related
$626,904 · Franchise Mortgage Acceptance
—
—
Mercy R Armer Trustee
—
Deed Of Trust
related
$1,335,000 · Bank Of Hemet
—
—
Gelker B E B
—
Deed Of Trust
related
$1,400,000 · California Cu
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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