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Property profile & analytics
OFF-MARKET
Estimated value
$3,765,000
Manufacturing properties
75220 Merle Dr Palm Desert, CA 92211-5163
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2551919
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1986
Construction
TILT-UP CONCRETE
Total area
18,240 SF
Lot
1.89 ac (82,328 SF)
Zoning code
MSC
APN
634-260-008
UPID
US09-2551919
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
-
AC Pro Hardware & Home Improvement Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.69M
CAP Approach
CAP
$2.31M
Comparable Approach
Comparable
$5.03M
Blend (final)
Blend
$3.77M
Owner & transaction history
Lcs Pd LLC · 4 yrs held
Lcs Pd LLC
since 2022
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
MSC · Palm Desert, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.1M
+49.6%
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
$3,735,000
ML approach
$3,690,000
CAP Approach
CAP Return
Estimation
6%
$2,495,000
6.5%
$2,305,000
7%
$2,140,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,055,000
Current use
OFFICE BUILDING
$6,065,000
Change: +50% · Conversion: Difficult
Blend value · Realmo final
$3.77M
Range $3.39M – $4.14M · ±10% · vs last sale $3.90M (Jun 17 2022)
Last sale anchor
$3.90M
Jun 17 2022
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
$206 / 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
$49,824
Tax year 2024
Assessed value
$4,052,358
Assessed 2024
Previous assessed
$4,052,358
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,040,400
Assessed improvement
$3,011,958
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
18,240 SF
Lot
1.89 ac (82,328 SF)
Zoning code
MSC
APN
634-260-008
UPID
US09-2551919
Jurisdiction
RIVERSIDE
Zoning & alternative use
MSC · Palm Desert, CAZoning MSC · permitted uses
MSC · Palm Desert, CA
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
INDUSTRIAL (GENERAL) Current
Est. value
$4.1M
OFFICE BUILDING
Est. value
$6.1M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
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
1.89 ac
Current owner
From public records · entity-resolved
Lcs Pd LLC
Entity
Mailing address
280 TEJAS TRL, BASALT, CO 81621-9200
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2022
$3,895,000
Lcs Pd LLC
Katherine Caidwell
Grant Deed
—
Jan 9, 2018
—
Caldwell,k Separate Prop Trust
Caldwell,katherine
Quit Claim Deed
related
—
Dec 14, 2017
—
Katherine Caldwell
Caldwell K & D Theod F/tr
Quit Claim Deed
related
—
Jul 9, 2012
—
Caldwell & De Mont Family Trus
Boughton,robert L
Grant Deed
—
Oct 14, 1993
$328,000
Rodney L Walker
Fairway Assoc
Grant Deed
—
Aug 1, 1990
$200,000
H K Marvin
Bayview Inv INC
Quit Claim Deed
related
—
Apr 1, 1990
$1,300,000
Fairway Assoc
Bell Industries
Grant Deed
$910,000 · Seller
—
—
Marvin,tr
—
Deed Of Trust
related
$249,000 · Park Cities Bank
—
—
Fairway Assoc
—
Deed Of Trust
related
$175,000 · Hitchcock Bowman
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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