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Property profile & analytics
OFF-MARKET
Industrial properties
77570 Springfield Ln Ste U Palm Desert, CA 92211-0472
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0045325
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1991
Construction
TILT-UP CONCRETE
Total area
1,436 SF
Lot
0.03 ac (1,394 SF)
Zoning code
SI
APN
626-321-021
UPID
US09-0045325
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
-
Paul Williams Tile General Contractor Renovation Specialist
-
Dolphin Financial Services Financial Advisor
-
Farrell Insurance Agency Insurance Agency
-
Desert West Inc Construction Company
-
A Healthier You Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
John O Niswonger · 3 yrs held
John O Niswonger
since 2023
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
SI · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,399
Tax year 2024
Assessed value
$357,000
Assessed 2024
Previous assessed
$357,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$71,400
Assessed improvement
$285,600
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
1,436 SF
Lot
0.03 ac (1,394 SF)
Zoning code
SI
APN
626-321-021
UPID
US09-0045325
Jurisdiction
RIVERSIDE
Zoning & alternative use
SI · Palm Desert, CA
Zoning SI · permitted uses
SI · 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
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
John O Niswonger
Individual
Mailing address
56059 WINGED FOOT, LA QUINTA, CA 92253-4675
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2023
$350,000
John O Niswonger
Catherine Macmillan
Grant Deed
$250,000 · Firstbank
Jan 3, 2013
$204,000
Macmillan Catherine 1997 Trust
Hart,robert S
Grant Deed
—
May 17, 2007
$290,000
Robert S Hart
Magsam,mark & Pam
Grant Deed
$232,000 · Sunrise Community Bank
Feb 20, 2002
$125,000
Mark Magsam
Magsam,bill & Noraye
Grant Deed
related
$105,000 · Bill & Noraye Magsam
Jun 18, 1997
$78,000
Bill Magsam
United States Small Business
Grant Deed
$58,500 · First Community Bank Of Desert
Sep 20, 1996
$79,750
Us Small Business Admn
Welsh Painting
Trustees Deed
—
Jun 1, 1992
$138,000
Painting Welsh
Unknown
Grant Deed
—
—
—
Mark Magsam
—
Deed Of Trust
related
$105,000 · Bank Of America
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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