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Property profile & analytics
OFF-MARKET
Turn key restaurants
73325 Hwy 111 Palm Desert, CA 92260-3924
Trust Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-3290596
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1964
Construction
WOOD
Total area
2,625 SF
Lot
0.24 ac (10,454 SF)
Zoning code
CPS
APN
627-201-006
UPID
US09-3290596
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
by Request
Owner & transaction history
Garcia,r & C Living Trust · 8 yrs held
Garcia,r & C Living Trust
since 2017
7 recorded transactions
Zoning & alternative use
CPS · 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
—
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
$10,130
Tax year 2024
Assessed value
$822,337
Assessed 2024
Previous assessed
$822,337
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$240,358
Assessed improvement
$581,979
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,625 SF
Lot
0.24 ac (10,454 SF)
Zoning code
CPS
APN
627-201-006
UPID
US09-3290596
Jurisdiction
RIVERSIDE
Zoning & alternative use
CPS · Palm Desert, CA
Zoning CPS · permitted uses
CPS · 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
1964
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Garcia,r & C Living Trust
Trust
Mailing address
73325 HWY 111, PALM DESERT, CA 92260-3924
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2019
—
R & C Garcia Living Trust
—
Deed
related
$630,000 · Firstbank
Aug 10, 2018
—
Garcia,r & C Living Trust
—
Trustees Deed
related
$80,000 · Mertens T J & J L Fam Tr (pt)
Nov 9, 2017
—
Garcia,r & C Living Trust
Gonzalez,rigoberto G
Quit Claim Deed
related
—
Apr 18, 2014
$615,000
Rigoberto G Gonzalez
The Josephine Damico Migliore Trust
Grant Deed
$522,000 · Seacoast Commerce Bank
Aug 1, 2013
—
Joseph Migliore
Migliore,josephine
Affidavit Of Death
related
—
—
—
Rigoberto G Gonzalez
—
Deed Of Trust
related
$150,000 · Mertens T Family Trust (pt)
—
—
R & C Garcia Living Trust
—
Deed Of Trust
related
$630,000 · Firstbank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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