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Property profile & analytics
OFF-MARKET
Estimated value
$6,550,000
Office buildings
79220 Corporate Ctr Dr La Quinta, CA 92253-7246
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1577119
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
WOOD
Total area
6,586 SF
Lot
0.73 ac (31,798 SF)
APN
600-390-015
UPID
US09-1577119
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
-
Lifesaver Education Training Center Tutoring Service
-
Royale Vacation Rentals Vacation Rental Real Estate Agency
-
Perfect Images Janitorial General Contractor
-
Palm Desert Tax Accounting Firm Tax Preparation
-
Five Star Financial & Bankcard Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.55M
Owner & transaction history
Hadley INC · 3 yrs held
Hadley INC
since 2022
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.7M
+276.6%
Apartment house (5+ units)
$6.5M
+264.1%
Neighborhood: shopping center
$5.7M
+216.7%
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 La Quinta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Quinta 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
$6,225,000
ML approach
$5,980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,740,000
Change: +277% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$6,520,000
Change: +264% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,670,000
Change: +217% · Conversion: Difficult
RESTAURANT
$4,090,000
Change: +128% · Conversion: Moderate
Blend value · Realmo final
$6.55M
Range $5.90M – $7.21M · ±10% · vs last sale $7.00M (Apr 16 2021)
Last sale anchor
$7.00M
Apr 16 2021
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
$995 / 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
$22,123
Tax year 2024
Assessed value
$1,782,826
Assessed 2024
Previous assessed
$1,782,826
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$509,376
Assessed improvement
$1,273,450
Applied tax rate
20.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Stories
1
Total area
6,586 SF
Lot
0.73 ac (31,798 SF)
APN
600-390-015
UPID
US09-1577119
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$6.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.7M
RESTAURANT
Est. value
$4.1M
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
2007
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Hadley INC
Entity
Mailing address
1428 E VLY RD, SANTA BARBARA, CA 93108-1205
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 1, 2022
$3,000,000
Hadley INC
Bagdasarian Farivis LLC
Grant Deed
$6,120,000 · Farm Credit Of New Mexico Aca
Jan 10, 2022
—
Bagdasarian Packing Mecca LLC
—
Deed
related
$30,000,000 · Agamerica Lending LLC
Apr 16, 2021
$7,000,000
Raymond Avery Hicks
James R Paul
Grant Deed
$3,500,000 · Citizens Business Bank
Nov 13, 2020
$2,855,000
Bagdasarian Farms LLC
Grand Star Prop LLC
Grant Deed
—
Oct 29, 2020
$400,000
Grand Star Properties LLC
Bozick 2003 Family Trust
Grant Deed
—
Oct 29, 2020
—
Bozick Family 2003 Trust
Michael Bozick
Quitclaim Deed
related
—
Jan 16, 2019
—
James R Paul
—
Grant Deed
related
$5,000,000 · Rabobank
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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