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Property profile & analytics
OFF-MARKET
Retail space
85405 Grapefruit Blvd, Coachella, CA 92236-1631
Individually Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3179577
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1936
Construction
WOOD
Total area
2,144 SF
Lot
0.16 ac (6,969 SF)
Zoning code
MS
APN
778-040-012
UPID
US09-3179577
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Manuel G Sanchez · 16 yrs held
Manuel G Sanchez
since 2009
7 recorded transactions
Zoning & alternative use
MS · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,342
Tax year 2024
Assessed value
$221,446
Assessed 2024
Previous assessed
$221,446
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$94,904
Assessed improvement
$126,542
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1936
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,144 SF
Lot
0.16 ac (6,969 SF)
Zoning code
MS
APN
778-040-012
UPID
US09-3179577
Jurisdiction
RIVERSIDE
Zoning & alternative use
MS · Coachella, CA
Zoning MS · permitted uses
MS · 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.
Building & site characteristics
From public records
Year built
1936
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Manuel G Sanchez
Individual
Mailing address
37628 THURNE ST, INDIO, CA 92203-4513
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Nov 13, 2009
—
Manuel G Sanchez
Sanchez,maricela
Quit Claim Deed
related
—
Nov 13, 2009
$175,000
Manuel G Sanchez
Helbig,rick J
Grant Deed
$87,500 · Rick J Helbig
Mar 2, 2009
$32,996
Rick J Helbig
Ress Financial Corp
Trustees Deed
related
—
Apr 6, 2007
—
Fabian Magallanes
Magallanes,fabian A
Quit Claim Deed
related
$16,500 · Rick J Helbig
Aug 19, 2005
—
Fabian Magallanes
Magallanes,fabian
Quit Claim Deed
related
$160,000 · Carnahan Lee A & L L Trust
May 27, 1998
$52,000
Fabian Magallanes
Mouton,dolores M
Grant Deed
$58,000 · Individual
—
—
Fabian Magallanes
—
Deed Of Trust
related
$55,000 · Jacquelyn Raehrs
—
—
Fabian Magallanes
—
Deed Of Trust
related
$80,000 · Individual
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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