Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Hotels
1339 Indian Cyn Dr Palm Springs, CA 92262-4878
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2151434
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1952
Construction
WOOD
Total area
1,088 SF
Lot
0.19 ac (8,276 SF)
Zoning code
R3
APN
505-184-015
UPID
US09-2151434
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
-
Art Hotel Hotel & Motel
-
The Mod Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$720k
Owner & transaction history
Ar Art Ps LLC · 3 yrs held
Ar Art Ps LLC
since 2023
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
R3 · Palm Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+20.6%
Neighborhood: shopping center
$935,000
+1.4%
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 Palm Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm 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
Method
Estimation
Statistic approach
$720,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$925,000
Current use
COMMERCIAL (GENERAL)
$1,115,000
Change: +21% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$935,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $1.04M (Jan 5 2023)
Last sale anchor
$1.04M
Jan 5 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
$662 / 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
$14,345
Tax year 2024
Assessed value
$1,060,800
Assessed 2024
Previous assessed
$1,060,800
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$270,300
Assessed improvement
$790,500
Applied tax rate
11.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
1,088 SF
Lot
0.19 ac (8,276 SF)
Zoning code
R3
APN
505-184-015
UPID
US09-2151434
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Palm Springs, CAZoning R3 · permitted uses
R3 · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$925,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$935,000
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1952
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Ar Art Ps LLC
Entity
Mailing address
4340 VON KARMAN AVE STE #200, NEWPORT BEACH, CA 92660-1201
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jun 20, 2024
—
Ar Art Ps LLC
—
Deed
related
$1,528,000 · Allstar Financial Services INC
May 31, 2023
—
Ar Art Ps LLC
—
Deed
related
$962,000 · Allstar Financial Services INC
Jan 5, 2023
$1,040,000
Ar Art Ps LLC
T & T 1339 LLC
Grant Deed
$587,000 · Allstar Financial Services INC
Oct 1, 2019
—
T & T 1339 LLC
Turco,jerry & Tracy
Quit Claim Deed
related
—
Mar 25, 2019
$594,000
Jerry Turco
Wohlmaker,barbara
Grant Deed
—
Jun 3, 1992
—
Barbara Wohlmaker
Gross Trust
Quit Claim Deed
related
$150,000 · Seller
Jul 1, 1990
$225,000
Colvin Shawn
Gross Trust
Trustees Deed
$175,000 · Seller
—
—
Mark Dickie
—
Deed Of Trust
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1339 Indian Cyn Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
