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Property profile & analytics
OFF-MARKET
Estimated value
$3,470,000
Strip malls
79485 Hwy 111, La Quinta, CA 92253-2005
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0961817
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
WOOD
Total area
24,141 SF
Lot
2 ac (87,120 SF)
Zoning code
CPS
APN
600-020-027
UPID
US09-0961817
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
$4.69M
Comparable Approach
Comparable
$4.82M
Blend (final)
Blend
$3.47M
Owner & transaction history
Polstar LLC · 13 yrs held
Polstar LLC
since 2013
5 recorded transactions
Zoning & alternative use
CPS · La Quinta, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,075,000
6.5%
$4,685,000
7%
$4,350,000
Blend value · Realmo final
$3.47M
Range $3.12M – $3.82M · ±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
$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
$56,104
Tax year 2024
Assessed value
$4,527,301
Assessed 2024
Previous assessed
$4,527,301
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$2,112,740
Assessed improvement
$2,414,561
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
NONE
Stories
1
Total area
24,141 SF
Lot
2 ac (87,120 SF)
Zoning code
CPS
APN
600-020-027
UPID
US09-0961817
Jurisdiction
RIVERSIDE
Zoning & alternative use
CPS · La Quinta, CA
Zoning CPS · permitted uses
CPS · La Quinta, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Quinta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
NONE
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Polstar LLC
Entity
Mailing address
12415 W JEFFERSON BLVD, LOS ANGELES, CA 90066-6918
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2013
$3,750,000
Polstar LLC
Nwk2 INC
Grant Deed
$2,300,000 · California Bank & Trust
Mar 7, 2013
$3,200,000
Rabo Bank NA
Sheriff Of Riverside County
Trustees Deed
related
—
Mar 6, 2012
$3,200,000
Rabobank
Sheriff Of Riverside County
Trustees Deed
—
May 25, 2007
—
Stamko Dev Co
—
Grant Deed
related
$6,625,000 · Rabobank
Oct 31, 2005
—
Stamko Dev Co
La Quinta Redev Agency
Grant Deed
related
—
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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