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Property profile & analytics
OFF-MARKET
Estimated value
$11,770,000
Grocery and convenience stores
83053 Ave 48 Coachella, CA 92236-9551
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-1642742
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2006
Construction
TILT-UP CONCRETE
Total area
53,705 SF
Lot
5.1 ac (222,155 SF)
Zoning code
A1
APN
612-220-011
UPID
US09-1642742
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
-
Walmart House Cleaning Services Hardware & Home Improvement
-
Minute Key Locksmith (Bike/Boat/Book/etc) Store
-
Ria Money Transfer - Walmart Bank Credit Union
-
Walmart Neighborhood Market Grocery & Convenience Store Food Market
-
Walmart Baby & Nursery Services Social Service Agency Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.85M
Comparable Approach
Comparable
$8.49M
Blend (final)
Blend
$11.77M
Owner & transaction history
Wal-mart Stores INC · 13 yrs held
Wal-mart Stores INC
since 2013
7 recorded transactions
Zoning & alternative use
A1 · Coachella, 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 Coachella submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coachella 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%
$12,830,000
6.5%
$11,845,000
7%
$10,995,000
Alternative Use
Use
Estimation
RETAIL STORES
$17,770,000
Current use
MEDICAL BUILDING
$14,680,000
Change: -17% · Conversion: Difficult
OFFICE BUILDING
$14,600,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$11.77M
Range $10.59M – $12.95M · ±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
$219 / 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
$158,222
Tax year 2024
Assessed value
$11,529,543
Assessed 2024
Previous assessed
$11,529,543
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$2,173,102
Assessed improvement
$9,356,441
Applied tax rate
12.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
53,705 SF
Lot
5.1 ac (222,155 SF)
Zoning code
A1
APN
612-220-011
UPID
US09-1642742
Jurisdiction
RIVERSIDE
Zoning & alternative use
A1 · Coachella, CA
Zoning A1 · permitted uses
A1 · Coachella, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coachella. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$17.8M
MEDICAL BUILDING
Est. value
$14.7M
OFFICE BUILDING
Est. value
$14.6M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
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
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
5.1 ac
Current owner
From public records · entity-resolved
Wal-mart Stores INC
Entity
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2017
—
A & S Coachella Centers LP
—
Grant Deed
related
$9,500,000 · Interaudi Bk
Feb 27, 2013
$3,350,000
Wal-mart Stores INC
New Albertsons INC
Grant Deed
—
Feb 27, 2013
—
Wal-mart Stores INC
New Albertsons INC
Grant Deed
—
Jul 30, 2012
—
A LP
—
Deed Of Trust
related
$1,500,000 · Interaudi Bank
Jul 14, 2011
—
A LP
—
Deed Of Trust
related
$5,800,000 · Interaudi Bank
Jun 30, 2011
$9,800,000
A LP
Lbubs 2007-c2 Coachella Retail
Grant Deed
—
May 5, 2010
$7,100
Lbubs 2007-c2 Coachella Retail
First American Title Ins
Trustees Deed
related
—
Mar 14, 2007
—
Jackson Square Associates LLC
Jackson Street Retail Investments L
Grant Deed
—
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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