Financial
Distress signals
Property profile

530 E Mel Ave Palm Springs, CA 92262

FOR SALE
Hotels
Property ID
US09-3193686
4,072 SF 0.29 ac lot Built 1946
Last sale Jun 2025 · $1,796,500
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$39k
Tax billed · 2024
Assessed value$1.39M
Assessed land$279k
Assessed improvement$1.12M
Effective rate2.77%

Value estimate

· Sep 2026
$1.57M
$1.41M – $1.72M
AI approach$1.60M
NOI build-up
Gross scheduled income$61k
Vacancy & credit loss−$9k
Operating expenses−$28k
NOI · 1.28% cap applied$25k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$849/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$339 – $2,214

Cap rate analysis

How does the asset earn?
1.28%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R2
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop11.9
HVAC Service11.6
Auto Parts Store10.0

Location

530 E Mel Ave Palm Springs, CA 92262
County assessor Recorded deeds · 22 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
234 Patencio, Palm Springs, CA 92262-6337 $2,750,000 May 2025 4,151 SF
1333 Indian Cyn, Palm Springs, CA 92262-4878 $1,430,000 Jan 2023 4,154 SF
562 Arenas, Palm Springs, CA 92262-6348 $3,310,000 May 2022 4,451 SF
1020 Indian Cyn, Palm Springs, CA 92262-4853 $1,455,000 Mar 2021 3,728 SF
1044 Indian Cyn, Palm Springs, CA 92262-4853 $1,940,500 Mar 2021 4,521 SF
447 Alejo, Palm Springs, CA 92262 $18,914,000 Dec 2020 4,018 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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