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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Gas stations
78355 Varner Rd, Palm Desert, CA 92211-1141
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2811809
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
2000
Construction
WOOD
Total area
2,880 SF
Lot
1.31 ac (57,063 SF)
APN
748-380-002
UPID
US09-2811809
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
-
ampm (Bike/Boat/Book/etc) Store
-
ARCO Gas Station
-
Arco Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$985k
Owner & transaction history
Midland Oil Group LLC · 3 yrs held
Midland Oil Group LLC
since 2022
7 recorded transactions
Zoning & alternative use
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
$342 / 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
$50,228
Tax year 2024
Assessed value
$4,094,147
Assessed 2024
Previous assessed
$4,094,147
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$2,497,597
Assessed improvement
$1,596,550
Applied tax rate
75.0000
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
2,880 SF
Lot
1.31 ac (57,063 SF)
APN
748-380-002
UPID
US09-2811809
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
Building & site characteristics
From public records
Year built
2000
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
1.31 ac
Current owner
From public records · entity-resolved
Midland Oil Group LLC
Entity
Mailing address
3270 INLAND EMPIRE BLVD STE #430, ONTARIO, CA 91764-6598
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2022
—
Midland Oil Group LLC
Lassen Market INC
Ground Lease
related
$3,359,550 · Sunwest Bank
Apr 24, 2020
—
Midland Oil Group LLC
—
Deed
related
$12,250 · Citibank
Oct 2, 2017
—
Midland Oil Group LLC
—
Deed
related
$3,350,200 · Citibank NA
Jun 24, 2008
—
Lassen Market INC
Bp West Coast Products LLC
Quit Claim Deed
related
—
Jul 10, 1998
$1,625,000
Lassen Market INC
Grae Shannon LLC
Grant Deed
$500,000 · Century Bank
—
—
Midland Oil Group LLC
—
Loan Modification
related
$12,250 · Citibank
—
—
Midland Oil Group LLC
—
Deed Of Trust
related
$1,480,000 · Energy Global Invs USA INC
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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