Back to Search
Property profile & analytics
OFF-MARKET
Apartment buildings
73525 Shadow Mtn Dr 3 Palm Desert, CA 92260-4793
Entity Owned
4-yr Hold
Free & Clear
Property ID
US10-2549086
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Construction
WOOD
Total area
1,001 SF
Lot
0.03 ac (1,306 SF)
Zoning code
R313M
APN
627-311-039
UPID
US10-2549086
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
Showroom Properties INC · 4 yrs held
Showroom Properties INC
since 2021
7 recorded transactions
Zoning & alternative use
R313M · 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
$3,402
Tax year 2024
Assessed value
$240,892
Assessed 2024
Previous assessed
$240,892
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$63,672
Assessed improvement
$177,220
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
1,001 SF
Lot
0.03 ac (1,306 SF)
Zoning code
R313M
APN
627-311-039
UPID
US10-2549086
Jurisdiction
RIVERSIDE
Zoning & alternative use
R313M · Palm Desert, CA
Zoning R313M · permitted uses
R313M · 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
1985
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Showroom Properties INC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 1514, RANCHO MIRAGE, CA 92270-1049
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2021
—
Showroom Properties INC
Gold 325 LLC
Grant Deed
—
Apr 12, 2021
$2,200,000
Gold 325 LLC
Shadow Mountain Properties LLC
Grant Deed
$1,290,000 · Pacific Premier Bank
Dec 18, 2019
—
Shadow Mountain Properties LLC
—
Grant Deed
related
$1,252,000 · Opus Bk
Feb 23, 2017
—
Shadow Mountain Properties LLC
Ruhe,michael J & Sharlyn
Quit Claim Deed
—
Dec 9, 2016
$1,650,000
Michael J Ruhe
Lanning Family Trust
Grant Deed
—
Aug 13, 2015
$660,000
Lanning Family Trust
Lanning Family Trust
Grant Deed
related
$140,000 · David Pinsonneault
Jun 8, 2015
—
Lanning Family Trust
Palm View Properties LLC
Quit Claim Deed
—
Dec 30, 2014
—
Palm View Properties LLC
Lanning Family Trust
Grant Deed
—
Jun 30, 2014
—
David Pinsonneault
Pinsonneault,arlene
Quit Claim Deed
related
—
Jun 30, 2014
$1,100,000
Larry Lanning
Chancery Offshore Managers Ltd
Grant Deed
$770,000 · Bank Of Southern California NA
May 28, 2010
$137,000
Remus Settlement Trust
Jpmorgan Chase Bank NA
Grant Deed
—
May 28, 2010
—
Jpmorgan Chase Bank NA
Washington Mutual Bk
Grant Deed
related
—
May 19, 2008
$238,000
Washington Mutual Bank
Quality Loan Service Corp
Trustees Deed
related
—
Jul 2, 2007
—
Marni Schmidman
Schmidman,brenton W
Quit Claim Deed
related
—
Jul 2, 2007
$389,000
Marni Schmidman
Mark J Peterson
Grant Deed
$311,200 · Washington Mutual Bank Fa
Mar 14, 2007
$389,000
Mark J Peterson
Drake Stellar LLC
Grant Deed
—
Nov 9, 2005
—
Drake Stellar LLC
Peterson,mark J
Grant Deed
related
—
Aug 5, 2005
$1,550,000
Drake Steller LLC
Mcguire,michael T
Grant Deed
—
Aug 5, 2005
$318,000
Mark J Peterson
Drake Steller LLC
Grant Deed
$254,400 · Greenpoint Mortgage Funding
Apr 25, 2002
$975,000
John A Loftin
Grundy Trust
Grant Deed
$731,200 · Abn Amro Mortgage Group INC
Mar 25, 1999
$421,500
Howard O Grundy
Kreedman Family #1 LP
Grant Deed
related
—
Mar 1, 1989
—
Richard Kreedman
Kreedman Michele
Quit Claim Deed
related
—
Mar 1, 1989
$220,000
Kreedman David
Palm Shadow Asso
Trustees Deed
related
—
—
—
John A Loftin
—
Deed Of Trust
related
$20,000 · Carol Provost
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 73525 Shadow Mtn Dr, Unit 3?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
