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Property profile & analytics
OFF-MARKET
Estimated value
$8,010,000
Retail space
83191 Us Hwy 111 Indio, CA 92201-5645
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-2685922
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Total area
5,040 SF
Lot
1.39 ac (60,548 SF)
Zoning code
C3
APN
612-031-002
UPID
US10-2685922
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
$7.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.01M
Owner & transaction history
Ara A Tchaghlassian Revocable Trust
Ara A Tchaghlassian Revocable Trust
since 2025
Last sale
$7.9M
7 recorded transactions
Zoning & alternative use
C3 · Indio, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.2M
+479.2%
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 Indio submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indio 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
$8,330,000
ML approach
$7,940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,160,000
Change: +479% · Conversion: Easy
Blend value · Realmo final
$8.01M
Range $7.21M – $8.81M · ±10% · vs last sale $7.89M (Oct 19 2023)
Last sale anchor
$7.89M
Oct 19 2023
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
$1,589 / 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
$10,693
Tax year 2024
Assessed value
$735,246
Assessed 2024
Previous assessed
$735,246
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$250,000
Assessed improvement
$485,246
Applied tax rate
7.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1972
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
5,040 SF
Lot
1.39 ac (60,548 SF)
Zoning code
C3
APN
612-031-002
UPID
US10-2685922
Jurisdiction
RIVERSIDE
Zoning & alternative use
C3 · Indio, CA
Zoning C3 · permitted uses
C3 · Indio, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indio. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$5.2M
COMMERCIAL (GENERAL)
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
1972
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
1.39 ac
Current owner
From public records · entity-resolved
Ara A Tchaghlassian Revocable Trust
Trust
Mailing address
7000 MERRILL AVEB210-B, CHINO, CA 91710-9091
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2025
—
Ara A Tchaghlassian Revocable Trust
Ara A Tchaghlassian Revocable Trust
Deed
related
$10,500,000 · Golden State Bank
Jun 27, 2025
$1,156,551
Ara A Tchaghlassian Revocable Trust
Tweely Capital LLC
Trust Deed
related
—
Dec 20, 2023
—
Tweety Capital LLC
—
Deed
related
$10,000,000 · Evergreen Advantage LLC
Oct 25, 2023
—
Tweety Capital LLC
—
Deed
related
$2,500,000 · Exchange Strategies Corporation
Oct 19, 2023
$7,885,500
Tweety Capital LLC
Hye LLC
Grant Deed
$7,800,000 · Cbp Fudn V LLC
Aug 23, 2022
—
66 LLC
—
Deed
related
$17,000,000 · Lone Oak Fund LLC
Dec 28, 2016
—
Hye LLC
—
Deed
related
—
Jul 30, 2014
—
Hye LLC
Managhebi,hossein
Grant Deed
$425,000 · Hossein Managhebi
Jun 29, 2010
$200,000
Hossein Managhebi
Semnani,mehdi
Grant Deed
—
Jun 22, 2004
—
Hossein Managhebi
Managhebi,mahnaz
Quit Claim Deed
related
—
Nov 18, 1994
$300,000
Jps Corp
Fleischman,william O
Trustees Deed
—
Sep 1, 1988
—
Athan George J
Fleischman Willi
Grant Deed
related
—
Feb 1, 1988
$500,000
Willi Fleischman
Sheet
Grant Deed
$350,000 · Tokai Credit Corp
—
—
George Athan
—
Deed Of Trust
related
$13,994,275 · Tokai Credit Corp
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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