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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Hotels
1127 Hobsonway Blythe, CA 92225-4940
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US10-3292556
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1964
Construction
WOOD
Total area
13,986 SF
Lot
1.12 ac (48,787 SF)
Zoning code
C1CP
APN
851-061-008
UPID
US10-3292556
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
-
Rodeway Inn & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$645k
Blend (final)
Blend
$790k
Owner & transaction history
Nikhil Rameshchandra Shah · 8 yrs held
Nikhil Rameshchandra Shah
since 2017
5 recorded transactions
Zoning & alternative use
C1CP · Blythe, 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 Blythe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blythe 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$56 / 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
$8,792
Tax year 2024
Assessed value
$777,917
Assessed 2024
Previous assessed
$777,917
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$200,792
Assessed improvement
$577,125
Applied tax rate
3.0000
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
Year built
1964
Construction
WOOD
Heating
NONE
Stories
2
Total area
13,986 SF
Lot
1.12 ac (48,787 SF)
Zoning code
C1CP
APN
851-061-008
UPID
US10-3292556
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1CP · Blythe, CAZoning C1CP · permitted uses
C1CP · Blythe, CA
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
1964
Construction
WOOD
Heating
NONE
Stories
2
Lot
1.12 ac
Current owner
From public records · entity-resolved
Nikhil Rameshchandra Shah
Individual
Mailing address
1127 E HOBSONWAY, BLYTHE, CA 92225-4940
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2017
$630,000
Nikhil Rameshchandra Shah
Subhash K Patel
Grant Deed
$441,000 · Commonwealth Business Bank
Jan 20, 2006
$575,000
Subhash K Patel
Nvp Ptshp
Grant Deed
$373,750 · Nara Bank
Dec 16, 2005
$136,000
L D Bhakta
Patel,jagdischandra B
Grant Deed
—
Dec 16, 2005
$281,500
Nvp Ptshp
Bhakta,l D
Grant Deed
—
—
—
Subhash K Patel
—
Deed Of Trust
related
$415,000 · Bbu Bank
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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