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Property profile & analytics
OFF-MARKET
Estimated value
$3,910,000
Manufacturing properties
740 Vella Rd Palm Springs, CA 92264-1452
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-1994780
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Construction
WOOD
Total area
47,916 SF
Lot
1.1 ac (47,916 SF)
Zoning code
M1
APN
680-160-024
UPID
US09-1994780
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
Current use
Occupant on record · Public records
-
Doggie's Day Out of Palm Springs Kennel & Boarding Facility
-
High Rollers Cannabis Co (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.91M
Owner & transaction history
Grow Development LLC
Grow Development LLC
since 2025
6 recorded transactions
Zoning & alternative use
M1 · Palm Springs, 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 Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs 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
$82 / 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
$9,668
Tax year 2024
Assessed value
$548,951
Assessed 2024
Previous assessed
$548,951
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$249,522
Assessed improvement
$299,429
Applied tax rate
11.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Total area
47,916 SF
Lot
1.1 ac (47,916 SF)
Zoning code
M1
APN
680-160-024
UPID
US09-1994780
Jurisdiction
RIVERSIDE
Zoning & alternative use
M1 · Palm Springs, CA
Zoning M1 · permitted uses
M1 · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Lot
1.1 ac
Current owner
From public records · entity-resolved
Grow Development LLC
Entity
Mailing address
73983 HWY 111, PALM DESERT, CA 92260-4007
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2025
—
Grow Development LLC
Brandon O'brien
Grant Deed
$125,000 · Knob And Key LLC Series I
Jul 8, 2015
$387,500
Brandon Obrien
Ldb Realty LLC
Grant Deed
$312,500 · Ldb Realty LLC
Dec 22, 2014
$493,000
Clifford Bochner
Bochner Kurt Trust
Grant Deed
related
$423,000 · Bochner Kurt 1984 Trust (rt)
Apr 6, 2006
—
Ldb Realty LLC
Bochner Lauren E Trust
Grant Deed
—
Jan 29, 2003
$540,000
Bochner,tr
Bochner,tr
Grant Deed
related
$480,000 · Kurt Bochner
—
—
Bochner Trust
—
Deed Of Trust
related
$100,000 · 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.
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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