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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Office buildings
73555 Alessandro Dr Palm Desert, CA 92260-3635
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-0068081
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
WOOD
Total area
7,200 SF
Lot
0.43 ac (18,730 SF)
Zoning code
C1
APN
627-152-015
UPID
US09-0068081
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
$1.41M
CAP Approach
CAP
$1.86M
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$1.41M
Owner & transaction history
Urban Building One LLC · 1 yrs held
Urban Building One LLC
since 2024
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
C1 · 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
$1,410,000
ML approach
$1,410,000
CAP Approach
CAP Return
Estimation
6%
$2,010,000
6.5%
$1,855,000
7%
$1,725,000
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±10% · vs last sale $1.41M (Jul 30 2024)
Last sale anchor
$1.41M
Jul 30 2024
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
$196 / 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
$23,346
Tax year 2024
Assessed value
$1,896,378
Assessed 2024
Previous assessed
$1,896,378
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$412,740
Assessed improvement
$1,483,638
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
1986
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
7,200 SF
Lot
0.43 ac (18,730 SF)
Zoning code
C1
APN
627-152-015
UPID
US09-0068081
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1 · Palm Desert, CA
Zoning C1 · permitted uses
C1 · 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
1986
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Urban Building One LLC
Entity
Mailing address
PO BOX 1177, LA QUINTA, CA 92247-1177
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2024
—
Urban Building One LLC
—
Deed
related
$582,000 · Cdc Small Business Finance Corp
Jul 30, 2024
$1,412,000
Urban Building One LLC
Romero Investment Limited Partnersh
Grant Deed
$706,000 · Bank Of America NA
Jul 30, 2024
—
Urban Building One LLC
—
Deed
related
$564,800 · Bank Of America NA
Feb 11, 2021
—
Romero Investment Limited Partnersh
—
Deed
related
$550,000 · Farmers & Merchants Bank
Dec 28, 2017
—
Romero Investment LP
1026 King Street LLC
Quit Claim Deed
$350,000 · Farmers & Merchants Bk/lng Bch
Apr 21, 2017
$1,350,000
1026 King Street LLC
Gildas Club Desert Cities INC
Grant Deed
—
Sep 19, 2016
—
Gildas Club Desert Cities INC
—
Deed
related
$1,045,300 · Private Individual
Oct 15, 2013
$1,200,000
Gildas Club Desert Cities INC
Shelter From The Storm INC
Grant Deed
$750,000 · Academy Nat'l Bk NA
Mar 19, 2003
$930,000
Shelter From The Storm INC
Griffiths,douglas & Marie
Grant Deed
$680,000 · Douglas & Marie Griffiths
—
—
Shelter From The Storm INC
—
Deed Of Trust
related
$73,187 · Portrait Homes INC
—
—
Shelter From The Storm INC
—
Deed Of Trust
related
$180,000 · Lynn Moriarty
—
—
Gildas Club Desert Cities INC
—
Loan Modification
related
$1,045,300 · Private Individual
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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