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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Flex space
73395 Sullivan Rd Twentynine Palms, CA 92277-3345
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1416569
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1991
Construction
STEEL FRAME
Total area
5,000 SF
Lot
0.82 ac (35,505 SF)
APN
0616-251-18-0000
UPID
US10-1416569
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
$745k
CAP Approach
CAP
$630k
Comparable Approach
Comparable
$580k
Blend (final)
Blend
$760k
Owner & transaction history
The Risen One LLC · 3 yrs held
The Risen One LLC
since 2022
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
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 Twentynine Palms submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Twentynine 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
$790,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$630,000
7%
$585,000
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $750k (Dec 22 2022)
Last sale anchor
$750k
Dec 22 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
$152 / 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
$8,251
Tax year 2024
Assessed value
$765,000
Assessed 2024
Previous assessed
$765,000
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$255,000
Assessed improvement
$510,000
Applied tax rate
19.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1991
Construction
STEEL FRAME
Heating
NONE
Units
1
Total area
5,000 SF
Lot
0.82 ac (35,505 SF)
APN
0616-251-18-0000
UPID
US10-1416569
Jurisdiction
SAN BERNARDINO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1991
Construction
STEEL FRAME
Heating
NONE
Units
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
The Risen One LLC
Entity
Mailing address
7644 SUNSET RD, JOSHUA TREE, CA 92252-5703
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2022
$750,000
The Risen One LLC
Lmts Properties LLC
Grant Deed
$600,000 · Lmts Properties LLC
Apr 12, 2019
—
Lmts Properties LLC
—
Deed
related
—
Jun 17, 2013
—
Lmts Properties LLC
Martin,louis II & Maria
Grant Deed
—
Apr 19, 2011
$180,000
Louis Martin II
Ib Property Holdings LLC
Grant Deed
—
Apr 7, 2010
$399,000
Ib Property Holdings LLC
Seaside Trustee INC
Trustees Deed
related
—
May 28, 2009
$399,000
Ib Property Holdings LLC
Seaside Trustee INC
Trustees Deed
related
—
Jan 30, 2007
$625,000
Ebaugh Design INC
Richard Grenzow
Grant Deed
$468,000 · Interbay Funding LLC
Mar 22, 2005
$300,000
Richard Grenzow
Shin,michael
Grant Deed
—
Aug 12, 2003
—
Michael Shin
Shin,sonia
Quit Claim Deed
related
—
—
—
Lmts Properties LLC
—
Deed Of Trust
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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