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Property profile & analytics
OFF-MARKET Estimated value $285,000
Hotels

310 Palm Cyn Dr Palm Springs, CA 92264-8424

3,190 SF 0.15 ac lot Built 1955
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-3220603
Property summary
AI-generated overview

This exceptional Class A commercial property, located at 310-320 N Palm Canyon Dr in the heart of Downtown Palm Springs' Central Business District, offers two available office suites totaling approximately 1,984 to 2,024 square feet each. The building boasts a total of 10,159 square feet and six suites in total, providing a vibrant and thriving business environment. Each suite benefits from prominent frontage, access, and signage rights directly on Palm Canyon Drive, a highly visible and desirable location in the Coachella Valley. The property also features a private rear parking lot with 21 spaces, providing ample parking for tenants and their clients. Building amenities include private entrances, restrooms, and HVAC systems for each suite, ensuring comfort and convenience. Enhanced security measures are in place, including 24-hour access, security cameras, and overnight security patrols. Tenant improvement allowances are available, making this an attractive opportunity for businesses seeking a move-in ready space. The property is zoned for Central Business District use and is suitable for office, medical, and/or retail tenants. NNN expenses are estimated at $0.75 per square foot per month. This is a truly unique opportunity to establish a presence in one of the most sought-after locations in the Coachella Valley. Don't miss this chance to secure your space in this thriving downtown Palm Springs location.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1955
Construction WOOD
Total area 3,190 SF
Lot 0.15 ac (6,534 SF)
Zoning code R3
APN 508-343-006
UPID US10-3220603
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
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k
Owner & transaction history
H&n Rentals LLC · 5 yrs held
H&n Rentals LLC
since 2021
7 recorded transactions
2021
Price N/A
2019
$1.4M
2017
Price N/A
2016
$825,000
2014
Price N/A
2006
$750,000
2006
Price N/A
Zoning & alternative use
R3 · Palm Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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