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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Office buildings
72875 Fred Waring Dr Palm Desert, CA 92260-9403
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3237018
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1994
Construction
WOOD
Total area
4,600 SF
Lot
0.28 ac (12,196 SF)
Zoning code
OP
APN
640-122-020
UPID
US09-3237018
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
-
Veterinary Ophthalmic Consulting Veterinary Clinic
-
Desert Healing Point - Agustin Orozco, DAOM, LAc Medical Clinic Alternative Medicine Practice
-
Utopia Property Management | Palm Desert, CA Real Estate Agency
-
Healing Works LLC Physician Alternative Medicine Practice
-
Center Stage Turf Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$1.06M
Owner & transaction history
Victoria Family Limited Liability L · 3 yrs held
Victoria Family Limited Liability L
since 2022
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
OP · 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
$845,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
$1,285,000
6.5%
$1,185,000
7%
$1,100,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,740,000
Current use
RETAIL STORES
$1,735,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $1.20M (Sep 2 2022)
Last sale anchor
$1.20M
Sep 2 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
$230 / 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
$15,068
Tax year 2024
Assessed value
$1,224,000
Assessed 2024
Previous assessed
$1,224,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$229,500
Assessed improvement
$994,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1994
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,600 SF
Lot
0.28 ac (12,196 SF)
Zoning code
OP
APN
640-122-020
UPID
US09-3237018
Jurisdiction
RIVERSIDE
Zoning & alternative use
OP · Palm Desert, CA
Zoning OP · permitted uses
OP · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.7M
RETAIL STORES
Est. value
$1.7M
OFFICE BUILDING Current
RETAIL STORES
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
1994
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Victoria Family Limited Liability L
Individual
Mailing address
4617 RUFFNER ST, SAN DIEGO, CA 92111-2285
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2022
$1,200,000
Victoria Family Limited Liability L
Rosalyn Marshall
Grant Deed
$900,000 · Friendly Hills Bank
Jul 17, 2019
$915,000
Green Life Estate Trust
Dalico Investment Group LLC
Grant Deed
$220,000 · Firstbank
Feb 13, 2015
$900,000
Dalico Investment Group LLC
Miller Frank Living Trust
Grant Deed
—
Jul 17, 2003
—
Miller,tr
Miller,franklin D
Quit Claim Deed
related
—
Apr 7, 2003
—
Frank D Miller
Miller,tr
Quit Claim 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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