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Property profile & analytics
OFF-MARKET
Estimated value
$2,310,000
Office buildings
74000 Country Clb Dre Palm Desert, CA 92260-1685
Individually Owned
~
Est. High Equity
Property ID
US09-1678501
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
WOOD
Total area
8,388 SF
Lot
0.2 ac (8,629 SF)
APN
620-431-006
UPID
US09-1678501
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
-
Dr Fatemeh Hadjian DDS PA Dental Office
-
Nazeri Dental Corporation Dental Office
-
Dr. Alireza Y. Nazeri, DDS Dental Office
-
Yates Greg DDS Dental Office
-
Bonnie K. Lipton, LMFT Counselor Service Establishment
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.17M
Comparable Approach
Comparable
$2.29M
Blend (final)
Blend
$2.31M
Owner & transaction history
The Raila Matinki Horne 2015 Sp Tru
The Raila Matinki Horne 2015 Sp Tru
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.6M
+14.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,345,000
6.5%
$2,165,000
7%
$2,010,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,170,000
Current use
AUTO REPAIR, GARAGE
$3,620,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$3,165,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$2.31M
Range $2.08M – $2.54M · ±10%
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
$275 / 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
$34,317
Tax year 2024
Assessed value
$2,787,815
Assessed 2024
Previous assessed
$2,787,815
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$473,921
Assessed improvement
$2,313,894
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
2002
Construction
WOOD
Heating
NONE
Stories
1
Total area
8,388 SF
Lot
0.2 ac (8,629 SF)
APN
620-431-006
UPID
US09-1678501
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.6M
RETAIL STORES
Est. value
$3.2M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
The Raila Matinki Horne 2015 Sp Tru
Individual
Mailing address
74000 COUNTRY CLB DRE, PALM DESERT, CA 92260-1685
Mailing matches property
Yes
Owner-occupied
Yes
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2025
—
The Raila Matinki Horne 2015 Sp Tru
Raila Horne
Deed
related
—
May 23, 2024
—
William M Kelly
—
Deed
related
$1,350,000 · Beach Cities Commercial Bank
Apr 4, 2022
—
Ozee Properties LLC
Fatemeh Hadjian Dds Pa
Grant Deed
—
Mar 22, 2022
$850,000
Fatemeh Hadjian
Cornerstone Building Joint Venture
Grant Deed
$680,000 · Bank Of America NA
Dec 10, 2021
—
William M Kelly
—
Deed
related
$1,900,000 · American Equity Bank
Dec 31, 2020
—
Raila Horne
—
Deed
related
$300,000 · First Republic Bank
Oct 15, 2020
$1,580,000
Valor Property LLC
Cornerstone Building Joint Venture
Grant Deed
—
May 13, 2019
—
Cornerstone Bldg Jv
—
Deed
related
$775,000 · Firstbank
Dec 20, 2018
—
Raila Horne
Horne,dennis R
Quitclaim Deed
related
—
Nov 16, 2018
—
Raila Horne
Horne,dennis R
Quitclaim Deed
related
—
Nov 16, 2018
$1,470,000
Raila E Horne
Cornerstone Building Joint Ven
Grant Deed
—
Jun 29, 2017
—
William M Kelly
—
Deed
related
$400,000 · Pacific Premier Bank
May 26, 2017
—
74000h LLC
—
Deed
related
$700,000 · Us Bank NA
Mar 2, 2017
—
74000h LLC
Ofseyer,jeremy J
Quitclaim Deed
—
Jan 13, 2017
$875,000
Jeremy J Ofseyer
Cornerstone Building Jv
Grant Deed
$700,000 · Private Individual
Jun 15, 2016
—
William M Kelly
William M Kelly
Intrafamily Transfer
related
$1,641,276 · Pacific Premier Bank
—
—
Kelly William M Trust
—
Deed Of Trust
related
$551,700 · El Paseo Bank
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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