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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Strip malls
72655 Hwy 111 Palm Desert, CA 92260-3307
Entity Owned
2-yr Hold
Free & Clear
Property ID
US10-3026923
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1982
Construction
WOOD
Total area
14,660 SF
Lot
6.93 ac (301,870 SF)
Zoning code
PC3SP
APN
640-160-020
UPID
US10-3026923
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Ke De 22113 LLC · 2 yrs held
Ke De 22113 LLC
since 2024
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$102 / 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
$67,306
Tax year 2024
Assessed value
$5,468,226
Assessed 2024
Previous assessed
$5,468,226
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$2,734,114
Assessed improvement
$2,734,112
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
NONE
Buildings
4
Stories
1
Units
4
Total area
14,660 SF
Lot
6.93 ac (301,870 SF)
Zoning code
PC3SP
APN
640-160-020
UPID
US10-3026923
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
1982
Construction
WOOD
Heating
NONE
Stories
1
Buildings
4
Units
4
Lot
6.93 ac
Current owner
From public records · entity-resolved
Ke De 22113 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
835 MAIN AVE STE #215, DURANGO, CO 81301-5436
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2026
—
Ptp Palm Desert LLC
—
Deed
related
—
Mar 15, 2024
—
Ptp Palm Desert LLC
—
Deed
related
$16,200,000 · Amp Shc Mortgage Lender LLC
Mar 1, 2024
—
Ptp Palm Desert LLC
—
Deed
related
$16,200,000 · Amp Shc Mortgage Lender LLC
Feb 26, 2024
—
Ke De 22113 LLC
Ptp Palm Desert LLC
Lease
—
May 11, 2023
—
Ptp Palm Desert LLC
Ptp Wood Weiss Tic LLC
Grant Deed
$16,400,000 · Dbd Credit Funding LLC
Oct 12, 2022
—
Ross Dress For Less INC
Ptp Palm Desert LLC
Lease
—
May 10, 2019
$10,606,500
Ptp Palm Desert LLC
821 Palm Partners LLC
Trustees Deed
$10,174,632 · Dbd Credit Funding LLC
Feb 25, 2019
—
821 Palm Partners LLC
—
Deed
related
$3,000,000 · Traction Avenue Loft Assocs
Jul 30, 2018
$7,000,000
821 Palm Partners LLC
72655-72705 Highway 111 Hldg L
Grant Deed
$4,410,000 · Lone Oak Fund
Nov 13, 2006
—
26 Del Sur Palms LLC
Skb-ptp LLC
Grant Deed
$5,500,000 · Bank Leumi USA
May 25, 2004
—
Armer Investments
Armer,carolene A
Quit Claim Deed
related
—
Sep 26, 2003
—
Skb-ptp LLC
Gms Realty LLC
Grant Deed
$8,875,000 · Merrill Lynch Capital Services
Feb 29, 2000
—
Gms Realty LLC
Cimarron Properties LLC
Grant Deed
$67,000,000 · Wells Fargo Bank Ttee
Oct 3, 1997
—
Gms Realty LLC
Palm Desert Ltd
Grant Deed
related
—
—
—
821 Palm Partners LLC
—
Deed Of Trust
related
$3,000,000 · Traction Avenue Loft Assocs
—
—
26 Del Sur Palms LLC
—
Deed Of Trust
related
$14,000,000 · Merrill Lynch Mortgage Lending
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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