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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Office buildings
79245 Corporate Ctr Dr La Quinta, CA 92253-7247
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0625925
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
WOOD
Total area
5,882 SF
Lot
0.45 ac (19,602 SF)
Zoning code
VC
APN
600-390-016
UPID
US09-0625925
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
-
Jeffrey Gamble Alternative Medicine Practice
-
Osborne Rincon CPA Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$865k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$584k
Blend (final)
Blend
$845k
Owner & transaction history
Pedro Rincon · 5 yrs held
Pedro Rincon
since 2021
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
VC · La Quinta, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CC, CP, CN, CR, and VC districts and other sites identified on the official zoning map. ( Ord. 602 Exh. A, 2022; Ord. 577 § 1, 2019; Ord. 550 § 1, 2016; Ord. 512 § 1, 2013) 9.110.120 - Mixed Use Overlay District. A. Purpose and Intent. 1. To provide opportunities for multifamily residential development in combination with commercial and/or office development…
Zone name
Village Commercial
General category
COMMERCIAL
Zone area
122.98 ac
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
$845,000
ML approach
$865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $950k (Jan 21 2021)
Last sale anchor
$950k
Jan 21 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
$144 / 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
$14,791
Tax year 2024
Assessed value
$1,193,242
Assessed 2024
Previous assessed
$1,193,242
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$364,246
Assessed improvement
$828,996
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
5,882 SF
Lot
0.45 ac (19,602 SF)
Zoning code
VC
APN
600-390-016
UPID
US09-0625925
Jurisdiction
RIVERSIDE
Zoning & alternative use
VC · La Quinta, CAZoning VC · permitted uses
VC · La Quinta, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CC, CP, CN, CR, and VC districts and other sites identified on the official zoning map. ( Ord. 602 Exh. A, 2022; Ord. 577 § 1, 2019; Ord. 550 § 1, 2016; Ord. 512 § 1, 2013) 9.110.120 - Mixed Use Overlay District. A. Purpose and Intent. 1. To provide opportunities for multifamily residential development in combination with commercial and/or office development in a cohesive and integrated manner. 2. To facilitate mixed use nodes that minimize vehicle trips and enhance proximity to services and mass transit, consistent with implementation measures CI-13 and ND-4 of the City's Greenhouse Gas Reduction Plan, as well as Transportation Demand Management principles. B. Development Standards. See Section 9.140.090 . C. District Boundaries. The boundaries of the MU overlay district shall be as identified on the official zoning map. (Ord. 550
Zone name
Village Commercial
General category
COMMERCIAL
Zone area
122.98 ac
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Pedro Rincon
Individual
Mailing address
42855 CERRITOS DR, BERMUDA DUNES, CA 92203-8076
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2025
—
Pedro Rincon
—
Deed
related
$1,148,000 · Pacific Premier Bank NA
Jan 21, 2021
—
Pedro Rincon
Pedro Rincon
Intrafamily Transfer
related
$10,000 · Pacific Premier Bank
Dec 31, 2018
—
Pedro Rincon
—
Deed
related
$742,387 · Pacific Premier Bank
Feb 5, 2018
—
Lee M Osborne
—
Deed
related
$400,000 · Pacific Premier Bank
Dec 29, 2017
—
Pedro Rincon
—
Deed
related
$280,000 · Pacific Premier Bank
Aug 31, 2011
—
Osborne Lee M & Nancy Trust
Osborne,lee
Quit Claim Deed
related
—
Oct 28, 2010
$950,000
Pedro Rincon
Cit Small Busn Lending Corp
Grant Deed
—
Oct 28, 2010
—
Pedro Rincon
Rincon,brenda
Quit Claim Deed
related
$475,000 · California Bank & Trust
Jun 4, 2010
$750,000
Cit Small Busn Lending Corp
Fidelity Natl Title Co
Trustees Deed
related
—
Jul 3, 2007
$1,875,000
Hockings Corp
Cody Murphy LLC
Grant Deed
$2,000,000 · Cit Small Business Lending Corp
—
—
Hockings Corp
—
Deed Of Trust
related
$150,000 · Matthew T Bennett
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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