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Property profile & analytics
OFF-MARKET
Estimated value
$6,740,000
Motels
103 Coast Hwy 1st 1 Bodega Bay, CA 94923-9723
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2359380
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1982
Construction
WOOD
Total area
50,444 SF
Lot
3.28 ac (142,876 SF)
Zoning code
CTCC
APN
100-140-004-000
UPID
US09-2359380
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.40M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.74M
Owner & transaction history
Bodega Bay Associates · 3 yrs held
Bodega Bay Associates
since 2022
6 recorded transactions
Zoning & alternative use
CTCC · Bodega Bay, 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 Bodega Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bodega Bay 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%
$10,185,000
6.5%
$9,400,000
7%
$8,730,000
Blend value · Realmo final
$6.74M
Range $6.07M – $7.41M · ±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
$134 / 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
$90,461
Tax year 2024
Assessed value
$7,378,423
Assessed 2024
Previous assessed
$7,378,423
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$260,266
Assessed improvement
$7,118,157
Applied tax rate
57.0000
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
1982
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Bathrooms
39
Total area
50,444 SF
Lot
3.28 ac (142,876 SF)
Zoning code
CTCC
APN
100-140-004-000
UPID
US09-2359380
Jurisdiction
SONOMA
Zoning & alternative use
CTCC · Bodega Bay, CA
Zoning CTCC · permitted uses
CTCC · Bodega Bay, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bodega Bay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
39
Lot
3.28 ac
Current owner
From public records · entity-resolved
Bodega Bay Associates
Entity
Mailing address
1100 ALMA ST STE #106, MENLO PARK, CA 94025-3344
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2022
—
Bodega Bay Associates
—
Deed
related
$11,750,000 · Rga Reinsurance Company
Nov 25, 2020
—
Bodega Bay Associates
—
Deed
related
$10,600,000 · Prime Fin Short Duration Hldg
Sep 29, 2017
—
Bodega Bay Associates
—
Deed
related
$10,000,000 · Miscellaneous Ins Co
Dec 23, 2010
—
Bodega Bay Associates
—
Deed Of Trust
related
$10,000,000 · First Sunamerica Life Ins Co
—
—
Bodega Bay Associates
—
Loan Modification
related
$10,000,000 · Miscellaneous Ins Co
—
—
Bodega Bay Associates
—
Deed Of Trust
related
$10,600,000 · Prime Fin Short Duration Hldg
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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