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Property profile & analytics
OFF-MARKET
Estimated value
$4,160,000
Warehouses
820 Research Dr Palm Springs, CA 92262-5930
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3228649
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Construction
TILT-UP CONCRETE
Total area
35,689 SF
Lot
2.05 ac (89,297 SF)
Zoning code
M1P
APN
507-350-013
UPID
US10-3228649
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
-
Furniture Doctor Renovation Specialist Hardware & Home Improvement
-
H3k Design Warehouse Interior Design Home Decor Store
-
Solar Energy Center, Inc. Production Facility
-
C K Dance Training Center
-
Architectural Blue General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.16M
Owner & transaction history
Frome Realty Fund Alpha LLC · 1 yrs held
Frome Realty Fund Alpha LLC
since 2025
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
M1P · 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%
$5,930,000
6.5%
$5,475,000
7%
$5,085,000
Blend value · Realmo final
$4.16M
Range $3.74M – $4.58M · ±10% · vs last sale $4.33M (Oct 3 2024)
Last sale anchor
$4.33M
Oct 3 2024
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
$117 / 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
$39,564
Tax year 2024
Assessed value
$3,066,595
Assessed 2024
Previous assessed
$3,066,595
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$372,158
Assessed improvement
$2,694,437
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
35,689 SF
Lot
2.05 ac (89,297 SF)
Zoning code
M1P
APN
507-350-013
UPID
US10-3228649
Jurisdiction
RIVERSIDE
Zoning & alternative use
M1P · Palm Springs, CA
Zoning M1P · permitted uses
M1P · 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
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
2.05 ac
Current owner
From public records · entity-resolved
Frome Realty Fund Alpha LLC
Entity
Mailing address
230 N VIA LAS PALMAS, PALM SPRINGS, CA 92262-4246
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jan 3, 2025
$4,325,000
Frome Realty Fund Alpha LLC
Herbert S Cohn
Grant Deed
—
Oct 20, 2006
—
Cohn Herbert S Trust
Cohn,herbert S
Quit Claim Deed
related
—
Oct 31, 2003
$2,250,000
Herbert S Cohn
Huizar,jesse
Grant Deed
$1,650,000 · Valley Independent Bank
Jun 7, 2001
—
Jesse Hulzar
—
Trustees Deed
related
$1,590,000 · Valley Independent Bank
Dec 28, 1999
$267,500
Jesse Huizar
Gietter Trust
Grant Deed
$133,750 · Seller
—
—
Herbert S Cohn
—
Deed Of Trust
related
$370,000 · Rabobank
—
—
Cohn Herbert S Trust
—
Deed Of Trust
related
$1,425,000 · Pacific Premier Bank
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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