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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Retail space
72711 Ramon Rd, Thousand Palms, CA 92276-3400
Individually Owned
27-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0794888
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1776
Total area
2,400 SF
Lot
0.32 ac (13,939 SF)
Zoning code
R1C
APN
693-020-019
UPID
US09-0794888
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
-
El más buscado barbershop Barber Shop
-
Jerry's Market & Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Colin's Beauty Salon Hair Salon Nail Salon
-
La Michoacana Factory Grocery & Convenience Store Specialty Food Shop
-
Latino Service Inc Immigration & Naturalization Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
$530k
Comparable Approach
Comparable
$370k
Blend (final)
Blend
$535k
Owner & transaction history
Jerry Jaber · 27 yrs held
Jerry Jaber
since 1999
1 recorded transaction
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
Method
Estimation
Statistic approach
by Request
ML approach
$330,000
CAP Approach
CAP Return
Estimation
6%
$575,000
6.5%
$530,000
7%
$490,000
Alternative Use
Use
Estimation
RETAIL STORES
$795,000
Current use
WAREHOUSE, STORAGE
$710,000
Change: -11% · Conversion: Difficult
MEDICAL BUILDING
$655,000
Change: -17% · Conversion: Difficult
OFFICE BUILDING
$650,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$223 / 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
$7,560
Tax year 2024
Assessed value
$595,256
Assessed 2024
Previous assessed
$595,256
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$160,597
Assessed improvement
$434,659
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1776
Heating
NONE
Total area
2,400 SF
Lot
0.32 ac (13,939 SF)
Zoning code
R1C
APN
693-020-019
UPID
US09-0794888
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$795,000
WAREHOUSE, STORAGE
Est. value
$710,000
MEDICAL BUILDING
Est. value
$655,000
OFFICE BUILDING
Est. value
$650,000
RETAIL STORES Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1776
Heating
NONE
Lot
0.32 ac
Current owner
From public records · entity-resolved
Jerry Jaber
Individual
Mailing address
83389 MATADOR CT, INDIO, CA 92203-2825
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 1999
$350,000
Jerry Jaber
Flareau,calvin E & Marilyn
Grant Deed
$200,000 · Individual
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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