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Property profile & analytics
OFF-MARKET
Estimated value
$13,085,000
Hotels
339 Belardo Rd Palm Springs, CA 92262-7307
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0176835
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1936
Construction
WOOD
Total area
780 SF
Lot
0.81 ac (35,283 SF)
Zoning code
R3
APN
513-202-013
UPID
US09-0176835
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
-
PS Boutique Hotels Hotel & Motel
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Azúcar Restaurant and Bar Restaurant
-
La Serena Villas, A Kirkwood Collection Hotel Hotel & Motel
-
Sugar High Rooftop Lounge Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.09M
Owner & transaction history
339 S Belardo Rd LLC · 3 yrs held
339 S Belardo Rd LLC
since 2023
Last sale
$18.9M
7 recorded transactions
Zoning & alternative use
R3 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.09M
Range $11.78M – $14.39M · ±10% · vs last sale $18.88M (Jun 12 2023)
Last sale anchor
$18.88M
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
$16,776 / 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
$106,198
Tax year 2024
Assessed value
$18,381,180
Assessed 2024
Previous assessed
$18,381,180
+0.0% YoY
Effective rate
0.58%
On assessed value
Assessed land
$1,428,000
Assessed improvement
$16,953,180
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
1936
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Units
11
Total area
780 SF
Lot
0.81 ac (35,283 SF)
Zoning code
R3
APN
513-202-013
UPID
US09-0176835
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
Building & site characteristics
From public records
Year built
1936
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Units
11
Lot
0.81 ac
Current owner
From public records · entity-resolved
339 S Belardo Rd LLC
Entity
Mailing address
301 N CANON DR STE #302, BEVERLY HILLS, CA 90210-4724
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2023
$18,875,000
339 S Belardo Rd LLC
Martini Madness LLC
Grant Deed
$17,160,000 · Bmo Harris Bank NA
May 27, 2021
—
Martini Madness LLC
—
Deed
related
$8,900,000 · Bank Of The West
Aug 28, 2019
—
Martini Madness LLC
—
Deed
related
$5,500,000 · Bank Of The West
Jun 28, 2016
—
Martini Madness LLC
—
Deed
related
$5,000,000 · Premier Business Bank
Apr 29, 2016
—
Martini Madness LLC
Martini Madness LLC
Quit Claim Deed
related
—
Oct 15, 2015
—
Martini Madness LLC
Nola Properties LLC
Grant Deed
—
Jul 20, 2015
—
Nola Properties LLC
Nola Ents LLC
Quit Claim Deed
related
—
May 21, 2012
$1,350,000
Nola Properties LLC
Duet Real Estate LP
Grant Deed
—
Apr 28, 2000
$1,275,000
Sigurjon Sighvatsson
Kramer,larry L & Sharon
Grant Deed
$815,750 · Palm Desert National Bank
Nov 20, 1998
—
Larry L Etux Kramer
Early,anna M C Etal
Grant Deed
related
—
Dec 1, 1989
$2,016,000
Rim Ente Pacific
Bookspan Henry
Grant Deed
related
$650,000 · Bookspan Henry
—
—
Martini Madness LLC
—
Deed Of Trust
related
$5,500,000 · Bank Of The West
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.
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