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Property profile & analytics
OFF-MARKET
Estimated value
$2,775,000
Hotels
73721 Shadow Mtn Dr Palm Desert, CA 92260-4841
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2042688
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1958
Construction
WOOD
Total area
21,878 SF
Lot
0.92 ac (40,075 SF)
Zoning code
CPS
APN
627-341-020
UPID
US10-2042688
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
-
Mojave Resort Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.07M
CAP Approach
CAP
$2.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.78M
Owner & transaction history
Mojave Resort LLC · 4 yrs held
Mojave Resort LLC
since 2022
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
CPS · Palm Desert, 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 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
$3,230,000
ML approach
$3,070,000
CAP Approach
CAP Return
Estimation
6%
$2,235,000
6.5%
$2,060,000
7%
$1,915,000
Blend value · Realmo final
$2.78M
Range $2.50M – $3.05M · ±10% · vs last sale $2.76M (Jan 10 2022)
Last sale anchor
$2.76M
Jan 10 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
$127 / 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
$35,499
Tax year 2024
Assessed value
$2,882,809
Assessed 2024
Previous assessed
$2,882,809
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$520,200
Assessed improvement
$2,362,609
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
1958
Construction
WOOD
Heating
NONE
Stories
2
Units
3
Total area
21,878 SF
Lot
0.92 ac (40,075 SF)
Zoning code
CPS
APN
627-341-020
UPID
US10-2042688
Jurisdiction
RIVERSIDE
Zoning & alternative use
CPS · Palm Desert, CA
Zoning CPS · permitted uses
CPS · Palm Desert, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Desert. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Construction
WOOD
Heating
NONE
Stories
2
Units
3
Lot
0.92 ac
Current owner
From public records · entity-resolved
Mojave Resort LLC
Entity
Mailing address
415 NW 11TH AVE, PORTLAND, OR 97209-2903
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2025
—
Mojave Resort LLC
—
Deed
related
$3,200,000 · Summit Bank
Mar 9, 2023
—
Mojave Resort LLC
—
Deed
related
$2,500,000 · First Republic Bank
Jan 10, 2022
$2,760,000
Mojave Resort LLC
Palm Investments Group
Grant Deed
—
Jan 6, 2009
—
Palm Investments Group
Weldon,sheila
Grant Deed
related
—
Oct 9, 2008
$2,450,000
Palm Investments Group INC
Weldon,sheila
Grant Deed
$1,715,000 · Excel National Bank
Aug 2, 2004
$2,300,000
Sheila Weldon
Gala INC LLC
Grant Deed
$1,250,000 · Jackson Federal Bank
Aug 2, 2004
—
Sheila Weldon
Weldon,anthony E
Quit Claim Deed
related
—
Jul 30, 2004
—
Sheila Weldon
Weldon,anthony E
Quit Claim Deed
related
—
Jul 30, 2004
$1,550,000
Weldon,sheila
Gaynor,tr
Trustees Deed
$775,000 · Jackson Federal Bank
Jan 24, 2001
$1,330,000
Gala Inn LLC
Mihata Trust
Grant Deed
$900,000 · First Republic Bank
Feb 29, 2000
$860,000
Mihata Trust
Roussellot Trust
Grant Deed
$200,000 · Seller
—
—
Gala Inn LLC
—
Deed Of Trust
related
$400,000 · First Republic Bank
—
—
Palm Investment Group
—
Deed Of Trust
related
$250,000 · Ennerdale Corp 401k Psp
—
—
Palm Investment Group
—
Deed Of Trust
related
$250,000 · Ennerdale Corp 401k Psp
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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