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Property profile & analytics
OFF-MARKET
Estimated value
$3,235,000
Warehouses
788 Vella Rd Palm Springs, CA 92264-1452
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2937102
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1975
Total area
17,316 SF
Lot
1.1 ac (47,916 SF)
Zoning code
M1
APN
680-160-025
UPID
US10-2937102
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.33M
Comparable Approach
Comparable
$3.35M
Blend (final)
Blend
$3.24M
Owner & transaction history
Big Ten Storage LLC · 2 yrs held
Big Ten Storage LLC
since 2023
7 recorded transactions
Zoning & alternative use
M1 · Palm Springs, 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 Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs 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%
$2,520,000
6.5%
$2,325,000
7%
$2,160,000
Blend value · Realmo final
$3.24M
Range $2.91M – $3.56M · ±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
$187 / 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
$22,432
Tax year 2024
Assessed value
$1,827,216
Assessed 2024
Previous assessed
$1,827,216
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$535,447
Assessed improvement
$1,291,769
Applied tax rate
11.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Heating
NONE
Stories
1
Units
101
Total area
17,316 SF
Lot
1.1 ac (47,916 SF)
Zoning code
M1
APN
680-160-025
UPID
US10-2937102
Jurisdiction
RIVERSIDE
Zoning & alternative use
M1 · Palm Springs, CA
Zoning M1 · permitted uses
M1 · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Stories
1
Units
101
Lot
1.1 ac
Current owner
From public records · entity-resolved
Big Ten Storage LLC
Entity
Mailing address
1853 PRT MARGATE PL, NEWPORT BEACH, CA 92660-5325
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2023
—
Big Ten Storage LLC
Chris Shawn Rollins
Grant Deed
—
May 9, 2018
$1,638,000
Chris S Rollins
Big Ten Mini Storage LLC
Grant Deed
—
May 9, 2018
—
Chris S Rollins
Rollins,cynthia L
Quit Claim Deed
related
—
Jul 18, 2016
—
Big Ten Mini Storage LLC
—
Deed
related
$620,000 · Private Individual
Apr 25, 2014
$305,000
Wcp III LLC
Big Ten Mini Storage LLC
Grant Deed
—
Jan 11, 2005
—
Big Ten Mini Storage LLC
Ratajczak,ronald
Grant Deed
—
Jun 4, 2004
$1,275,000
Ronald Ratajczak
Miller,tr
Grant Deed
$605,000 · Benchmark Financial & Real Est
Sep 9, 2003
$890,000
Miller,tr
Costantino,tr
Grant Deed
$500,000 · Centennial Bank
May 23, 2003
—
Costantino,tr
Costantino,tr
Quit Claim Deed
related
$405,000 · Canyon National Bank
Dec 1, 2000
$122,000
Rosario Costantino
Dr Properties
Grant Deed
—
May 15, 1996
$594,000
J R Properties
Duchene Trust
Grant Deed
$445,500 · Seller
—
—
Ronald Ratajczak
—
Deed Of Trust
related
$675,000 · First Future Cu
—
—
Big Ten Mini Storage LLC
—
Deed Of Trust
related
$1,000,000 · Countrywide Com'l R E Fin
—
—
Big Ten Mini Storage LLC
—
Deed Of Trust
related
$620,000 · Private Individual
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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