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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Motels
1001 Montesano, Westport, WA 98595
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1789426
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1969
Construction
STEEL FRAME
Total area
8,460 SF
Lot
0.28 ac (12,197 SF)
APN
102501900102
UPID
US90-1789426
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
-
Maneman Electric Inc Electrical Service General Contractor
-
High Seas Mini-Storage Storage Facility
-
Silver Sands Motel Hotel & Motel
-
McBee's Silver Sands Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$810k
CAP Approach
CAP
$500k
Comparable Approach
Comparable
$709k
Blend (final)
Blend
$670k
Owner & transaction history
South Bay Rentals LLC · 4 yrs held
South Bay Rentals LLC
since 2022
Last sale
$600,000
7 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 Westport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westport 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
$790,000
ML approach
$810,000
CAP Approach
CAP Return
Estimation
6%
$545,000
6.5%
$500,000
7%
$465,000
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $600k (Jan 27 2022)
Last sale anchor
$600k
Jan 27 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
$79 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,462
Tax year 2023
Assessed value
$470,915
Assessed 2022
Previous assessed
$419,230
+12.3% YoY
Effective rate
0.95%
On assessed value
Assessed land
$79,800
Assessed improvement
$391,115
Land market value
$79,800
Improvement market value
$391,115
Total market value
$470,915
Applied tax rate
172.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1969
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
19
Total area
8,460 SF
Lot
0.28 ac (12,197 SF)
APN
102501900102
UPID
US90-1789426
Jurisdiction
GRAYS HARBOR
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
1969
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
19
Lot
0.28 ac
Current owner
From public records · entity-resolved
South Bay Rentals LLC
Entity
Mailing address
PO BOX 504, GRAHAM, WA 98338-0504
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2026
—
South Bay Rentals LLC
—
Deed
related
$1,550,000 · Harvest Small Business Finance LLC
May 2, 2025
—
South Bay Inn LLC
—
Deed
related
$2,586,000 · Sound Community Bank
Jul 29, 2024
—
High Seas Storage LLC
—
Deed
related
$412,000 · Telco Community Cu
Feb 3, 2023
—
South Bay Rentals LLC
—
Deed
related
$800,000 · Americas Cu
Jan 27, 2022
$635,294
South Bay Rentals LLC
Rhonda Mcbee
Warranty Deed
$480,000 · Rhonda Mcbee
Jul 1, 2021
$453,600
High Seas Storage LLC
Westport Storage LLC
Warranty Deed
$416,000 · Live Oak Banking Company
Jun 5, 2017
$340,000
Westport Storage LLC
Taylor,james E JR
Warranty Deed
$235,000 · James E JR Taylor
Aug 5, 2016
—
Rhonda Mcbee
—
Deed
related
$59,000 · Anchor Bank
Mar 12, 2010
—
Rhonda J Mcbee
Mcbee,jerald C
Affidavit Of Death
related
—
Apr 26, 2005
$153,500
Taylor,james E JR
Mcbee,jerald C & Rhonda J
Warranty Deed
$80,000 · Hbl INC
—
—
Jerald Mcbee
—
Deed Of Trust
related
$40,000 · Anchor Mutual Savings Bank
—
—
Taylor,james E JR
—
Loan Modification
related
$105,136 · Rosslare Fndg
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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