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Property profile & analytics
OFF-MARKET
Estimated value
$8,105,000
Retail space
73101 Hwy 111 Palm Desert, CA 92260-3933
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0796613
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
WOOD
Total area
18,148 SF
Lot
1.05 ac (45,738 SF)
Zoning code
C1SP
APN
627-192-034
UPID
US09-0796613
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
$8.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.19M
Blend (final)
Blend
$8.11M
Owner & transaction history
Rec5 Holdings LLC · 1 yrs held
Rec5 Holdings LLC
since 2025
Last sale
$7.8M
7 recorded transactions
Zoning & alternative use
C1SP · Palm Desert, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$11.4M
+67.0%
Restaurant
$11.3M
+64.5%
Auto repair, garage
$7.8M
+14.4%
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
$8,355,000
ML approach
$8,465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$6,850,000
Current use
APARTMENT HOUSE (5+ UNITS)
$11,440,000
Change: +67% · Conversion: Difficult
RESTAURANT
$11,265,000
Change: +64% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,835,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$6,860,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$8.11M
Range $7.29M – $8.92M · ±10% · vs last sale $7.80M (May 9 2022)
Last sale anchor
$7.80M
May 9 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
$447 / 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
$104,644
Tax year 2024
Assessed value
$8,115,120
Assessed 2024
Previous assessed
$8,115,120
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,300,500
Assessed improvement
$6,814,620
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
18,148 SF
Lot
1.05 ac (45,738 SF)
Zoning code
C1SP
APN
627-192-034
UPID
US09-0796613
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1SP · Palm Desert, CA
Zoning C1SP · permitted uses
C1SP · 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
RETAIL STORES Current
Est. value
$6.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.4M
RESTAURANT
Est. value
$11.3M
AUTO REPAIR, GARAGE
Est. value
$7.8M
OFFICE BUILDING
Est. value
$6.9M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
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
1987
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
Rec5 Holdings LLC
Entity
Mailing address
226 E MAUNA LOA AVE, GLENDORA, CA 91740-6312
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2025
—
Rec5 Holdings LLC
Sifat LLC
Quitclaim Deed
related
—
Mar 13, 2025
—
Sifat LLC
—
Deed
related
$3,000,000 · The Evergreen Advantage LLC
May 9, 2022
$7,800,000
Sifat LLC
Rec5 Holdings LLC
Grant Deed
$5,850,000 · Cantor Group IV LLC
Apr 20, 2021
—
Rec5 Holdings LLC
—
Deed
related
$2,880,000 · Nano Banc
Oct 29, 2018
—
Rec5 Holdings
—
Deed
related
$1,000,000 · Malik Bros 2 LLC
Apr 25, 2018
—
Rec5 Holdings LLC
—
Deed
related
$2,925,000 · Cathay Bank
Mar 29, 2018
—
Rec5 Holdings LLC
Cantor Group V LLC
Grant Deed
$3,745,355 · Cantor Group V LLC
Jan 8, 2018
$2,800,000
Cantor Group V LLC
Foreclosure Services Co|avlis Investments LLC
Trustees Deed
related
—
Aug 16, 2017
$146,854
Avlis Investments LLC
Avils Investments LLC
Grant Deed
$146,850 · Statewide Services INC
Dec 22, 2016
—
Avlis Investments LLC
—
Deed
related
$3,230,000 · Grand Pacific Fin
Oct 30, 2015
—
Avlis Investments LLC
Silva,heric K
Quit Claim Deed
—
Oct 30, 2015
$1,700,000
Heric K Silva
Rose Stanley B Trust
Grant Deed
—
Feb 25, 2014
—
Rose,stanley B Trust
Just LLC
Quit Claim Deed
—
—
—
B Rose C Stanley
—
Deed Of Trust
related
$400,000 · United States NA
—
—
Rec5 Holdings
—
Deed Of Trust
related
$1,000,000 · Malik Bros 2 LLC
—
—
Avlis Investments LLC
—
Deed Of Trust
related
$1,600,000 · Private Individual
—
—
Avlis Investments LLC
—
Deed Of Trust
related
$320,000 · Alexander Macdougall
—
—
Avlis Investments LLC
—
Deed Of Trust
related
$2,763,450 · Evn Investments LLC Evn Investments LLC
—
—
Avlis Investments LLC
—
Deed Of Trust
related
$3,230,000 · Grand Pacific Fin
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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