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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Hotels
1010 Main St Lakeport, CA 95453-4308
Entity Owned
2-yr Hold
Free & Clear
Property ID
US10-2997250
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1979
Construction
WOOD
Total area
258 SF
Lot
1.22 ac (53,143 SF)
APN
026-291-040-000
UPID
US10-2997250
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
-
Regency Inn Lakeport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$960k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$960k
Owner & transaction history
Puja Tulsi LLC · 2 yrs held
Puja Tulsi LLC
since 2024
Last sale
$960,000
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 Lakeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeport 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
$960,000
ML approach
$960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10% · vs last sale $960k (Feb 6 2024)
Last sale anchor
$960k
Feb 6 2024
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
$3,721 / 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
$18,266
Tax year 2024
Assessed value
$1,272,825
Assessed 2024
Previous assessed
$1,272,825
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$474,724
Assessed improvement
$798,101
Applied tax rate
1.0000
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/MOTEL
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
NONE
Bathrooms
1
Total area
258 SF
Lot
1.22 ac (53,143 SF)
APN
026-291-040-000
UPID
US10-2997250
Jurisdiction
LAKE
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
1979
Construction
WOOD
Heating
NONE
Bathrooms
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Puja Tulsi LLC
Entity
Free & Clear · 2 yrs held
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2024
—
Puja Tulsi LLC
Bhavesh Patel
Quit Claim Deed
related
—
Jan 2, 2024
—
Bhavesh Patel
Bhavesh Ks Patel
Intrafamily Transfer
related
—
Jun 27, 2005
$933,000
Bhavesh K S Patel
Patel,nareshbhai J
Grant Deed
related
$1,100,000 · Nareshbhai J Patel
Jun 26, 1998
$845,000
Nareshbhai J Patel
Patel,kaushik S & Pratibha K
Grant Deed
related
$538,825 · Savings Bank Mendocino County
Jul 30, 1992
$960,000
Kaushik Patel
Canlas,george & Theresa
Grant Deed
$720,000 · Money Store Inv
—
—
Nareshbhai J Patel
—
Deed Of Trust
related
$672,704 · Savings Bank Mendocino County
—
—
Nareshbal J Patel
—
Deed Of Trust
related
$89,968 · Savings Bank Mendocino County
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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