Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,615,000
Hotels
1183 Blackstone St Tulare, CA 93274-2347
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5760320
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1991
Construction
WOOD
Total area
27,672 SF
Lot
1.38 ac (60,112 SF)
APN
170-102-016-000
UPID
US09-5760320
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
-
Self Storage Storage Facility
-
Red Roof Inn Tulare - Downtown/ Fairgrounds Hotel & Motel
-
Hillstone Inn Tulare, Ascend Hotel Collection Hotel & Motel
-
visalia convention center Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.57M
Blend (final)
Blend
$4.62M
Owner & transaction history
Tulare Hospitality Investors LLC · 6 yrs held
Tulare Hospitality Investors LLC
since 2020
Last sale
$4.5M
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 Tulare submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tulare 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
$6,330,000
ML approach
$6,220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$7,205,000
Current use
COMMERCIAL (GENERAL)
$6,745,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$4.62M
Range $4.15M – $5.08M · ±10% · vs last sale $4.45M (Feb 21 2020)
Last sale anchor
$4.45M
Feb 21 2020
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
$167 / 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
$46,650
Tax year 2024
Assessed value
$4,201,957
Assessed 2024
Previous assessed
$4,201,957
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$678,702
Assessed improvement
$3,523,255
Applied tax rate
5.0000
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
1991
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
90
Rooms
102
Total area
27,672 SF
Lot
1.38 ac (60,112 SF)
APN
170-102-016-000
UPID
US09-5760320
Jurisdiction
TULARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$7.2M
COMMERCIAL (GENERAL)
Est. value
$6.7M
HOTEL/MOTEL Current
COMMERCIAL (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
Year built
1991
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
90
Rooms
102
Lot
1.38 ac
Current owner
From public records · entity-resolved
Tulare Hospitality Investors LLC
Entity
Mailing address
210 E ACEQUIA AVE, VISALIA, CA 93291-6319
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
—
Smith
—
Deed
related
$4,950,000 · Mission Bank
Feb 21, 2020
$4,450,000
Tulare Hospitality Investors LLC
Kaylee&haley Hospitality LLC
Grant Deed
$5,000,000 · Suncrest Bank
Jan 24, 2018
—
Kaylee & Haley Hospitality LLC
—
Deed
related
$425,000 · Rainmaker Hospitality LLC
May 30, 2017
—
Kaylee&haley Hospitality LLC
—
Deed
related
$2,982,000 · Open Bank
May 18, 2017
—
Kaylee & Haley Hospitality LLC
—
Deed
related
$300,000 · Atlas Hospitality Group
Mar 21, 2017
—
Kaylee & Haley Hospitality LLC
—
Deed
related
$425,000 · Private Individual
Mar 17, 2017
$3,650,000
Kaylee & Haley Hospitality LLC
Kabir Californian LLC
Grant Deed
$2,920,000 · Open Bank
Mar 18, 2014
—
Kabir Californian LLC
Oceanic Tulare LP
Grant Deed
$1,650,000 · Silvergate Bank
Nov 18, 2011
$2,200,000
Oceanic Tulare L P
Dit LLC
Grant Deed
$1,650,000 · Hana Small Business Lending INC
Oct 19, 2011
$3,400,000
Dit LLC
Fidelity Natl Title Co
Trustees Deed
related
—
Aug 30, 2007
$4,780,000
Nirvan Investment LLC
Jd & Young Ents INC
Grant Deed
$3,241,000 · Wilshire State Bank
May 31, 2007
—
Jd & Young Ents INC
—
Deed Of Trust
related
$1,590,000 · Shinhan Bank
Feb 16, 2005
$3,230,000
Jd & Young Ents INC
Brahma Investment Group INC
Grant Deed
$1,450,000 · Chb America Bank
Sep 24, 1999
—
Brahma Investment Group INC
Herricks Holdings 1988-1
Grant Deed
$1,451,250 · Economy Motels Of America
—
—
Brahma Investment Group INC
—
Deed Of Trust
related
$1,500,000 · California Chohung Bank
—
—
Oceanic Tulare LP
—
Deed Of Trust
related
$2,000,000 · Reay Trust
—
—
Oceanic Tulare LP
—
Deed Of Trust
related
$2,000,000 · Ennerdale Corp
—
—
Kaylee & Haley Hospitality LLC
—
Deed Of Trust
related
$425,000 · Private Individual
—
—
Kaylee & Haley Hospitality LLC
—
Deed Of Trust
related
$300,000 · Atlas Hospitality Group
—
—
Kaylee & Haley Hospitality LLC
—
Deed Of Trust
related
$425,000 · Rainmaker Hospitality LLC
—
—
Brahma Investment Group INC
—
Deed Of Trust
related
$1,950,000 · Chb America Bank
—
—
Herrick Holdings 1998-1
—
Deed Of Trust
related
$1,555,105 · Grossmont 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1183 Blackstone St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
