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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Hotels
135 Main St Point Arena, CA 95468
Trust Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-2498193
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Lot
0.97 ac (42,267 SF)
APN
027-122-21-00
UPID
US09-2498193
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
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
610 Properties LLC|hansen Family Trust · 11 yrs held
610 Properties LLC|hansen Family Trust
since 2015
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 Point Arena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Point Arena 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
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
—
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
$10,082
Tax year 2023
Assessed value
$773,963
Assessed 2023
Previous assessed
$773,963
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$311,893
Assessed improvement
$462,070
Applied tax rate
2.0000
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
Heating
NONE
Lot
0.97 ac (42,267 SF)
APN
027-122-21-00
UPID
US09-2498193
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
Building & site characteristics
From public records
Heating
NONE
Lot
0.97 ac
Current owner
From public records · entity-resolved
610 Properties LLC|hansen Family Trust
Trust
Mailing address
PO BOX 669, POINT ARENA, CA 95468-0669
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2022
—
610 Properties LLC
—
Deed
related
$300,000 · James C Hansen Sep Ira
Jan 17, 2018
—
610 Properties LLC
—
Deed
related
$2,450,000 · Point Arena Investors LLC
Mar 15, 2017
—
610 Properties LLC
—
Deed
related
$200,000 · Lantzman Invs
May 18, 2016
—
610 Properties LLC
—
Deed
related
$1,300,000 · Patch Of Land Lndg
Mar 5, 2015
$203,000
610 Properties LLC|hansen Family Trust
Laboube Kenneth T
Grant Deed
—
Oct 6, 2010
—
Sherry Falge
Farnsworth,karen J
Affidavit Of Death
related
—
Jan 10, 2008
—
Kenneth Laboube
Owner Name Unavailable
Grant Deed
related
—
Jul 1, 1997
$124,000
Kenneth T Laboube
Laboube,sonja W
Grant Deed
related
$175,000 · Mendo Mill & Lumber Co Psp
—
—
Kenneth T Laboube
—
Deed Of Trust
related
$45,000 · G&g Capital INC
—
—
610 Properties LLC
—
Deed Of Trust
related
$500,000 · Triple Decker LLC
—
—
610 Properties LLC
—
Deed Of Trust
related
$149,900 · Economic Dev & Fin
—
—
610 Properties LLC
—
Deed Of Trust
related
$1,300,000 · Patch Of Land Lndg
—
—
610 Properties LLC
—
Deed Of Trust
related
$200,000 · Lantzman Invs
—
—
610 Properties LLC
—
Deed Of Trust
related
$2,450,000 · Point Arena Investors LLC
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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