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Property profile & analytics
OFF-MARKET
Estimated value
$2,875,000
Turn key restaurants
2080 Palm Cyn Dr Palm Springs, CA 92262-2922
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-2655243
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2008
Construction
WOOD
Total area
6,747 SF
Lot
1.24 ac (54,014 SF)
Zoning code
C1
APN
504-320-030
UPID
US09-2655243
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
-
Boozehounds Palm Springs Restaurant
-
HOCL Solutions Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.88M
Owner & transaction history
2080 Palm LLC · 3 yrs held
2080 Palm LLC
since 2022
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
C1 · Palm 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 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
$2,855,000
ML approach
$2,835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,190,000
Current use
Blend value · Realmo final
$2.88M
Range $2.59M – $3.16M · ±10% · vs last sale $2.90M (Oct 27 2022)
Last sale anchor
$2.90M
Oct 27 2022
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
$426 / 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
$38,514
Tax year 2024
Assessed value
$2,958,000
Assessed 2024
Previous assessed
$2,958,000
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,326,000
Assessed improvement
$1,632,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
NONE
Stories
1
Total area
6,747 SF
Lot
1.24 ac (54,014 SF)
Zoning code
C1
APN
504-320-030
UPID
US09-2655243
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1 · Palm Springs, CA
Zoning C1 · permitted uses
C1 · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$4.2M
RESTAURANT Current
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
2008
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
2080 Palm LLC
Entity
Mailing address
2080 N PALM CYN DR, PALM SPRINGS, CA 92262-2922
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2026
—
2080 Palm LLC
—
Deed
related
$1,538,878 · Harvest Commercial Capital LLC
Oct 27, 2022
$2,900,000
2080 Palm LLC
Angelo Jess Inman
Grant Deed
$2,687,800 · Private Business Capital
Aug 1, 2019
—
Angelo J Inman
Edwards Ogden M III Trust
Quit Claim Deed
related
—
Jun 20, 2017
—
Angelo J Inman
Edwards,ogden M II
Affidavit Of Death
related
—
Jun 1, 2005
$945,000
Edwards Ogden M Trust
Patel C & G Trust
Grant Deed
—
Jun 1, 2005
—
Manju P Shah
Shah,praful B
Affidavit Of Death
related
—
Sep 7, 1999
—
Chandulal K Etal Patel
Patel,chandulal K Etux
Quit Claim Deed
related
—
Jan 1, 1990
$235,500
Patel Chandulal
Pledged To Progr
Trustees Deed
$265,000 · Desert Four INC
Jan 1, 1990
$530,000
Pledged To Progr
Desert Four INC
Trustees Deed
—
—
—
Edwards Ogden M Trust
—
Deed Of Trust
related
$750,000 · Palm Desert National Bank
—
—
Edwards Ogden M Living Trust
—
Deed Of Trust
related
$1,850,000 · Rifkind Family Trust (pt)
—
—
Edwards,ogden M Living Trust
—
Deed Of Trust
related
$110,000 · Robert Campbell
—
—
Edwards Ogden M Living Trust
—
Deed Of Trust
related
$885,000 · Tdi Trust (ct)
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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