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Property profile & analytics
OFF-MARKET
Estimated value
$7,505,000
Hotels
120 Hbr Dr Fort Bragg, CA 95437-5524
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-3623932
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1972
Construction
WOOD
Total area
27,682 SF
Lot
2.16 ac (93,952 SF)
APN
018-120-21-00
UPID
US09-3623932
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
-
Harbor Lite Lodge Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.51M
Owner & transaction history
Gp Investors LLC · 4 yrs held
Gp Investors LLC
since 2021
Last sale
$6.8M
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 Fort Bragg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Bragg 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,865,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$7.51M
Range $6.75M – $8.26M · ±10% · vs last sale $6.81M (Sep 24 2021)
Last sale anchor
$6.81M
Sep 24 2021
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
$271 / 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
$61,904
Tax year 2023
Assessed value
$5,273,686
Assessed 2023
Previous assessed
$5,273,686
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,243,118
Assessed improvement
$4,030,568
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
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
1972
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
27,682 SF
Lot
2.16 ac (93,952 SF)
APN
018-120-21-00
UPID
US09-3623932
Jurisdiction
MENDOCINO
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
COMMERCIAL (GENERAL)
Est. value
$5.9M
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
1972
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
2.16 ac
Current owner
From public records · entity-resolved
Gp Investors LLC
Entity
Mailing address
120 N HBR DR, FORT BRAGG, CA 95437-5524
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2025
—
Gp Investors LLC
—
Deed
related
$2,500,000 · Savings Bank Of Mendocino County
Oct 4, 2024
—
Gp Investors LLC
—
Deed
related
—
Sep 24, 2021
$6,810,000
Gp Investors LLC
Jason S Hurst
Grant Deed
$4,000,000 · Savings Bank Of Mendocino County
Apr 26, 2019
—
Hurst,james C & Barbara J L Tr
—
Deed
related
$2,515,000 · Redwood Cu
Sep 2, 2011
—
Hurst J S & P T E Living Trust
Hurst,jason S
Quit Claim Deed
related
—
Jul 28, 2008
$200,000
Jason S Hurst
Hurst J C & B J Trust
Grant Deed
related
$400,000 · Hurst J C & B J Living Trust
Sep 20, 2007
—
J Erik Hurst
Hurst J C & B J Living Trust
Quit Claim Deed
related
—
Nov 1, 2006
—
Hurst,j Erik
Hurst J C & B J Living Trust
Quit Claim Deed
related
—
Sep 29, 2006
—
Hurst J C & B J Living Trust
Hurst,james C & Barbara J
Quit Claim Deed
related
—
Sep 29, 2006
$400,000
Barbara J Hurst
Johnson Vilho Trust
Grant Deed
$400,000 · Johnson Vilho Trust
Jan 20, 2004
—
Fort Bragg City (ca)
Hurst,tr
Grant Deed
related
—
Sep 24, 2003
—
Hurst,tr
Moilanen,doanld W & Judith J
Grant Deed
related
—
Aug 1, 1986
$1,310,000
Donald W|moilanen Judith J Moilanen
—
Grant Deed
related
—
—
—
Hurst,james C & Barbara J L Tr
—
Deed Of Trust
related
$2,515,000 · Redwood Cu
—
—
Wharf Silvers
—
Deed Of Trust
related
$300,000 · Tom J Wisdom
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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