Historic Route 66
For Sale
$249,000
91 Desnok St, Needles, CA 92363
For sale motel property near the Colorado River, reflecting classic roadside character and Route 66 history.
Property Size2,289 SF
Days on Market116
Property Features for 91 Desnok St
General Information
Standard status
Active
Size
2,289 SF
Property subtype
Investment
Building Details
Building Size
2,289 SF
Year Built
1925
Stories
1
Units
1
Listing Agency:
Caleene Williams, Broker
Listed By:
Kimberli Willis · License #02076177
(760) 774-9238
Source:
Elliman
Added: May 15
Changed: Sep 6
Last Checked: Sep 6 at 12:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Caleene Williams, Broker
Investment Insights
Based on property information with market context.
This property is a motel associated with historic Route 66, offering classic roadside character and vintage appeal. It is positioned as a hospitality asset with potential for adaptive reuse depending on a buyer’s restoration and operating plans.
The motel is located at 91 Desnok St in Needles, California, near the Colorado River. The provided walkScore and bikeScore suggest only somewhat pedestrian and cycling accessibility, supporting the property’s traditional roadside orientation.
If you’re looking for a distinctive Route 66-era hospitality property with room for restoration, this location near river recreation and desert-adventure access may be a compelling fit.
The motel is located at 91 Desnok St in Needles, California, near the Colorado River. The provided walkScore and bikeScore suggest only somewhat pedestrian and cycling accessibility, supporting the property’s traditional roadside orientation.
If you’re looking for a distinctive Route 66-era hospitality property with room for restoration, this location near river recreation and desert-adventure access may be a compelling fit.
Key Highlights
- Historic Route 66 Motel built in 1925 with classic roadside character
- Motel property located near the Colorado River
- Roadside destination with authentic Route 66 history and recognizable vintage appeal
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,352
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$287,040
$287.0K
Cap Rate 7%
$205,029
$205.0K
Cap Rate 9%
$159,467
$159.5K
Market Conditions
NOI Build-Up for 2,289 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$34.3K $15.00/SF
− Vacancy
−$4.1K −$1.80/SF
EGI
$30.2K $13.20/SF
− OpEx
−$15.9K −$6.93/SF
NOI
$14.4K $6.27/SF
Area
San Bernardino County, CA
Vacancy
12.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$287,040
Cap Rate 7%
$205,029
Cap Rate 9%
$159,467
Alternative Uses
Best Use
Hotel Hospitality
$205.0K
$179.4K – $239.2K
NOI $14,352 @ 7.0% cap · market cap 5.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$482.8K
$422.5K – $563.3K
NOI $33,798 @ 7.0% cap · market cap 13.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92363, CA
5,634
Population
3,867
Households
1.5
Avg Household Size
45
Median Age
9%
College-Educated
79%
High-School Grad
372.0 sq mi
ZIP Area
15
Density / Sq Mi
$40,226
Median Household Income
$38,218
Median Earnings
$738
Median Rent
$138,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Econo Lodge — 625 W Broadway St, Needles, CA 92363
- 625 West Broadway st, Needles,CA 92363 — 625 W Broadway St, Needles, CA 92363
- Americas Best Value Inn — 625 W Broadway St, Needles, CA 92363
- Quality Inn — 1195 3rd St Building B, Needles, CA 92363
- Imperial 400 Motel — 644 W Broadway St, Needles, CA 92363
Frequently Asked Questions
What type of property is this?
Motel - For sale motel property near the Colorado River, reflecting classic roadside character and Route 66 history.
Where is this motel located?
The property is located at 91 Desnok St Needles, CA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Historic Route 66 Motel built in 1925 with classic roadside character; Motel property located near the Colorado River; Roadside destination with authentic Route 66 history and recognizable vintage appeal
