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Property profile & analytics
OFF-MARKET
Estimated value
$7,570,000
Grocery and convenience stores
72675 Hwy 111 Palm Desert, CA 92260-3308
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-1443331
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1982
Construction
TILT-UP CONCRETE
Total area
45,536 SF
Lot
0.95 ac (41,382 SF)
Zoning code
PC3SP
APN
640-160-004
UPID
US09-1443331
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
$10.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.57M
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,880,000
6.5%
$10,040,000
7%
$9,325,000
Blend value · Realmo final
$7.57M
Range $6.81M – $8.33M · ±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
$166 / 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
$123,702
Tax year 2024
Assessed value
$10,083,295
Assessed 2024
Previous assessed
$10,083,295
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,093,644
Assessed improvement
$8,989,651
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
45,536 SF
Lot
0.95 ac (41,382 SF)
Zoning code
PC3SP
APN
640-160-004
UPID
US09-1443331
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
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.95 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
12 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
Grant Deed
$10,174,632 · Dbd Credit Funding LLC
Feb 25, 2019
—
821 Palm Partners LLC
—
Grant 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
Trustees Deed
$4,410,000 · Lone Oak Fund
Dec 31, 2015
—
Smart & Final Stores LLC
Haggen Opco South LLC
Grant Deed
related
—
Nov 13, 2006
—
26 Del Sur Palms LLC
Skb-ptp LLC
Grant Deed
$5,500,000 · Bank Leumi USA
Oct 3, 1997
—
Gms Realty LLC
Palm Desert Ltd
Grant Deed
related
—
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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