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Property profile & analytics
FOR SALE
Retail space
310 Palm Canyon Dr Palm Springs, CA 92264
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0194111
For Sale
1 / 50
$3,900,000
310 Palm Canyon Dr, Palm Springs, CA 92264
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1973
Construction
WOOD
Total area
10,118 SF
Lot
0.35 ac (15,245 SF)
Zoning code
C1AA
APN
513-081-014
UPID
US09-0194111
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
-
Sam West Real Estate Agency
-
Shelley Cohen with John Hart RE Real Estate Agency
-
The Three-Ten Hotel & Motel
-
JohnHart Real Estate Palm Springs Real Estate Agency
-
Alli Sells The Desert, Inc. / John Hart Real Eatate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.22M
CAP Approach
CAP
$2.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.38M
Owner & transaction history
Canyon Fund LLC · 3 yrs held
Canyon Fund LLC
since 2023
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
C1AA · Palm Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$3.5M
+1.7%
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
$2,570,000
ML approach
$2,220,000
CAP Approach
CAP Return
Estimation
6%
$2,415,000
6.5%
$2,230,000
7%
$2,070,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,435,000
Current use
WAREHOUSE, STORAGE
$3,495,000
Change: +2% · Conversion: Difficult
MEDICAL BUILDING
$2,765,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$2.38M
Range $2.14M – $2.62M · ±10% · vs last sale $2.44M (Jun 12 2023)
Last sale anchor
$2.44M
Jun 12 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
$235 / 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
$31,373
Tax year 2024
Assessed value
$2,483,699
Assessed 2024
Previous assessed
$2,483,699
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$581,398
Assessed improvement
$1,902,301
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1973
Construction
WOOD
Heating
NONE
Stories
3
Total area
10,118 SF
Lot
0.35 ac (15,245 SF)
Zoning code
C1AA
APN
513-081-014
UPID
US09-0194111
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1AA · Palm Springs, CA
Zoning C1AA · permitted uses
C1AA · 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
RETAIL STORES Current
Est. value
$3.4M
WAREHOUSE, STORAGE
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$2.8M
RETAIL STORES Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1973
Construction
WOOD
Heating
NONE
Stories
3
Lot
0.35 ac
Current owner
From public records · entity-resolved
Canyon Fund LLC
Entity
Mailing address
73301 FRED WARING DR STE #200, PALM DESERT, CA 92260-2886
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2023
$2,435,000
Canyon Fund LLC
Harvest Of Farmersville LLC
Grant Deed
—
Jul 30, 2021
—
H&n Rentals LLC
Nicholas Grimaldi
Grant Deed
—
Dec 2, 2019
$1,350,000
Nicholas Grimaldi
Groves M D P & K S Trust
Grant Deed
—
Sep 19, 2019
—
Harvest Of Farmersville LLC
Harvest Of Farmersville LLC
Correction Deed
related
$1,620,000 · Miscellaneous Ins Co
May 9, 2019
$2,700,000
Harvest Of Farmersville LLC
Silverman,joel
Grant Deed
—
Jun 15, 2017
—
Groves,morton D P & Susan G Trust
Groves Morton D P & Susan G
Quitclaim Deed
related
$650,000 · First Republic Bk
Aug 22, 2016
$825,000
Groves,morton D P & K S Trust
Pjp Holdings LLC
Grant Deed
$278,000 · Private Individual
Oct 7, 2005
$954,500
Joel Silverman
Title Holders INC
Grant Deed
—
Oct 7, 2005
—
Joel Silverman
Silverman,eileen M
Quit Claim Deed
related
—
Sep 10, 2004
$1,712,000
Title Holders INC
White Brothers Investments
Grant Deed
$1,198,400 · Montecito Bank & Trust
Apr 27, 2001
$11,182
White Brothers Investments Co
Leithal,ruth M
Grant Deed
—
—
—
White Brothers Investments Co
—
Deed Of Trust
related
$700,000 · Montecito Bank & Trust
—
—
Harvest Of Farmersville LLC
—
Deed Of Trust
related
$1,620,000 · Miscellaneous Ins Co
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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