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Property profile & analytics
OFF-MARKET
Estimated value
$5,505,000
Hotels
36999 Cook St Palm Desert, CA 92211-6066
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2599457
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2008
Construction
WOOD
Total area
55,944 SF
Lot
2.93 ac (127,630 SF)
APN
694-190-025
UPID
US09-2599457
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
-
Homewood Suites by Hilton Palm Desert Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.28M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.51M
Owner & transaction history
Palm Desert Hospitality LLC · 18 yrs held
Palm Desert Hospitality LLC
since 2007
6 recorded transactions
Zoning & alternative use
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 Desert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Desert 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%
$5,715,000
6.5%
$5,275,000
7%
$4,895,000
Blend value · Realmo final
$5.51M
Range $4.95M – $6.06M · ±10%
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
$98 / 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
$177,358
Tax year 2024
Assessed value
$8,280,247
Assessed 2024
Previous assessed
$8,280,247
+0.0% YoY
Effective rate
2.14%
On assessed value
Assessed land
$2,883,895
Assessed improvement
$5,396,352
Applied tax rate
18.0000
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
2008
Construction
WOOD
Heating
NONE
Stories
3
Units
128
Total area
55,944 SF
Lot
2.93 ac (127,630 SF)
APN
694-190-025
UPID
US09-2599457
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
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
2008
Construction
WOOD
Heating
NONE
Stories
3
Units
128
Lot
2.93 ac
Current owner
From public records · entity-resolved
Palm Desert Hospitality LLC
Entity
Mailing address
13155 NOEL RD, DALLAS, TX 75240-5090
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2024
—
Palm Desert Hospitality LLC
—
Deed
related
$8,238,912 · B1bank
Dec 24, 2007
$538,500
Palm Desert Hospitality LLC
Mountain Run LLC
Grant Deed
$14,606 · Standard Insurance Co
Mar 6, 2006
—
Palm Desert Hospitality LLC
Palm Desert University Vlg LLC
Quit Claim Deed
related
—
Feb 3, 2005
—
University Village Ptshp
Art Palm LLC
Grant Deed
$2,777,180 · Art Palm LLC
Jan 31, 2005
—
Art Palm LLC
Desert Wells 237 LLC
Grant Deed
related
—
—
—
Palm Desert Hospitality LLC
—
Deed Of Trust
related
$38,000,000 · Redwood Com'l Mtg Corp
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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