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Property profile & analytics
OFF-MARKET
Estimated value
$7,255,000
Hotels
1010 China Lk Blvd Ridgecrest, CA 93555-3214
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-5190795
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Construction
WOOD FRAME
Total area
80,620 SF
Lot
2.51 ac (109,335 SF)
Zoning code
C
APN
033-080-04-00-6
UPID
US09-5190795
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
-
Holiday Inn Express & Suites Ridgecrest - China Lake, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.51M
Comparable Approach
Comparable
$6.49M
Blend (final)
Blend
$7.26M
Owner & transaction history
Hiex Ridgecrest LLC · 3 yrs held
Hiex Ridgecrest LLC
since 2023
7 recorded transactions
Zoning & alternative use
C · Ridgecrest, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$12.0M
+7.9%
Auto repair, garage
$11.2M
+0.4%
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 Ridgecrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgecrest 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%
$8,140,000
6.5%
$7,510,000
7%
$6,975,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$11,140,000
Current use
APARTMENT HOUSE (5+ UNITS)
$12,015,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,185,000
Change: +0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$10,235,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$7.26M
Range $6.53M – $7.98M · ±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
$90 / 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
$128,328
Tax year 2023
Assessed value
$11,802,436
Assessed 2023
Previous assessed
$11,802,436
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$902,436
Assessed improvement
$10,900,000
Applied tax rate
10.0000
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
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Stories
4
Units
103
Total area
80,620 SF
Lot
2.51 ac (109,335 SF)
Zoning code
C
APN
033-080-04-00-6
UPID
US09-5190795
Jurisdiction
KERN
Zoning & alternative use
C · Ridgecrest, CA
Zoning C · permitted uses
C · Ridgecrest, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgecrest. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$11.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.0M
AUTO REPAIR, GARAGE
Est. value
$11.2M
INDUSTRIAL (GENERAL)
Est. value
$10.2M
HOTEL/MOTEL Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
103
Lot
2.51 ac
Current owner
From public records · entity-resolved
Hiex Ridgecrest LLC
Entity
Mailing address
10939 WIBLE RD, BAKERSFIELD, CA 93313-9756
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2023
—
Hiex Ridgecrest LLC
Jorawar Chauhan
Assignment Of Lease (leasehold Sale)
$4,532,000 · Mid State Development Corporation
Dec 29, 2022
$425,000
Jorawar Chauhan
Balwinder Kaur
Grant Deed
—
Dec 29, 2022
—
Jorawar Chauhan
Balwinder Kaur
Ground Lease
related
—
Mar 24, 2020
—
Balwinder Kaur
—
Deed Of Trust
related
$4,411,725 · Mission Bk
Jul 26, 2018
$850,000
Balwinder Kaur
Himco 8 Trust
Grant Deed
—
Jul 26, 2018
—
Balwinder Kaur
Chauhan,daljinder
Quit Claim Deed
—
Mar 7, 2011
—
8 Himco Trust
Patel,ila M
Quit Claim Deed
related
—
—
—
Balwinder Kaur
—
Deed Of Trust
related
$7,668,275 · Mission Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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