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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Manufacturing properties
74866 Lennon Pl Palm Desert, CA 92260-1914
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0778012
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1986
Construction
TILT-UP CONCRETE
Total area
12,653 SF
Lot
0.52 ac (22,651 SF)
Zoning code
SISP
APN
624-290-015
UPID
US09-0778012
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
-
Dunn's Desert Landscaping Landscaping General Contractor
-
Custom Automotive Network (formerly PWA) Charitable Organization Social Service Agency
-
Clarke Pools-Plumbing & Construction General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.60M
Comparable Approach
Comparable
$2.35M
Blend (final)
Blend
$2.00M
Owner & transaction history
San Pedro Hotel Co INC · 10 yrs held
San Pedro Hotel Co INC
since 2016
6 recorded transactions
Zoning & alternative use
SISP · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,730,000
6.5%
$1,600,000
7%
$1,485,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,735,000
Current use
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±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
$158 / 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
$22,054
Tax year 2024
Assessed value
$1,790,778
Assessed 2024
Previous assessed
$1,790,778
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$348,173
Assessed improvement
$1,442,605
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
12,653 SF
Lot
0.52 ac (22,651 SF)
Zoning code
SISP
APN
624-290-015
UPID
US09-0778012
Jurisdiction
RIVERSIDE
Zoning & alternative use
SISP · Palm Desert, CA
Zoning SISP · permitted uses
SISP · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.7M
INDUSTRIAL (GENERAL) Current
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
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
San Pedro Hotel Co INC
Entity
Mailing address
2108 DALADIER DR, RANCHO PALOS VERDES, CA 90275-6338
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Apr 5, 2016
$1,543,000
San Pedro Hotel Co INC
Kevron Desert Investments LLC
Grant Deed
$74,000 · Noye Ron Trust (pt)
Dec 28, 2001
$860,000
Kevron Desert Investments LLC
Valles,elizabeth L
Grant Deed
$799,225 · First Community Bank Of Desert
Dec 10, 2001
—
Elizabeth Etal Valles
Valles,elizabeth
Quit Claim Deed
related
—
Aug 23, 2001
$13,500
Elizabeth Valles
Watkins,james D
Grant Deed
—
Aug 15, 2001
$13,500
Elizabeth B Valles
Studer,breann
Grant Deed
—
Apr 1, 1990
—
Jrg Enterprises
Mathieson June M
Grant Deed
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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