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Property profile & analytics
OFF-MARKET
Commercial land
Desert Hot Springs, CA 92240
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-4667085
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
64.91 ac (2,827,479 SF)
Zoning code
MSC
APN
666-370-019
UPID
US09-4667085
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
20th Avenue Retail LLC
20th Avenue Retail LLC
since 2025
7 recorded transactions
Zoning & alternative use
MSC · Desert Hot 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 Desert Hot Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Desert Hot 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
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
$152,609
Tax year 2024
Assessed value
$12,510,810
Assessed 2024
Previous assessed
$12,510,810
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$12,510,810
Applied tax rate
14.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
64.91 ac (2,827,479 SF)
Zoning code
MSC
APN
666-370-019
UPID
US09-4667085
Jurisdiction
RIVERSIDE
Zoning & alternative use
MSC · Desert Hot Springs, CA
Zoning MSC · permitted uses
MSC · Desert Hot Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Desert Hot Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
64.91 ac
Current owner
From public records · entity-resolved
20th Avenue Retail LLC
Entity
Free & Clear · 0 yrs held
Mailing address
18565 JAMBOREE RD STE #200, IRVINE, CA 92612-2561
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2026
—
20th Avenue Retail LLC
—
Deed
related
$1,250,000
Nov 10, 2025
—
20th Avenue Retail LLC
20th Avenue Retail LLC
Deed
related
—
Aug 5, 2025
$4,000,000
20th Avenue Retail LLC
20th Avenue Owner LLC
Grant Deed
$7,000,000 · Gf Capital
Jan 27, 2025
—
City Of Desert Hot Springs
20th Avenue Owner LLC
Grant Deed
—
Jan 22, 2025
—
Tlc Properties LLC
Realm Manager LLC
Quitclaim Deed
related
—
Jun 10, 2024
$39,500,000
20th Avenue Owner LLC
Iri Dhs Land I LLC
Grant Deed
$20,000,000 · Bcl Califonia LLC
Jun 10, 2024
—
20th Avenue Owner LLC
—
Deed
related
$4,000,000 · Iri Dhs Land I LLC
Apr 14, 2022
$12,025,000
Iri Dhs Land I LLC
Kilmainham Land LLC
Grant Deed
—
Jun 1, 2021
$60,000
Kilmainham Land LLC
Glen L Ludwig
Grant Deed
—
Dec 23, 2015
$6,482,439
Ludwig Family Trust
Sheriff Of Riverside County|dw Palm Desert LLC
Trustees Deed
related
—
Jan 9, 2008
—
Dw Palm Desert LLC
Ludwig Family Trust
Grant Deed
—
Feb 1, 1990
$800,000
Ludwig Glen L
North Star Fundi
Grant Deed
related
—
Oct 1, 1989
$780,000
Star Fundi North
North Palm Sprin
Grant Deed
related
—
Mar 1, 1989
$1,300,000
Palm Sprin North
Dillon John A JR
Grant Deed
$1,175,000 · Dillon John A JR
—
—
North Star Fundi
—
Deed Of Trust
related
$200,000 · Briscoe Don D
—
—
Star Fundi North
—
Deed Of Trust
related
$150,000 · Briscoe Don C
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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