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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Motels
137 Johns Pl Ben Lomond, CA 95005-9770
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0895596
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1963
Construction
WOOD
Total area
3,809 SF
Lot
5.21 ac (226,773 SF)
Zoning code
VA
APN
078-273-15
UPID
US09-0895596
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
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$643k
Blend (final)
Blend
$680k
Owner & transaction history
Santa Cruz Cnty Veterans Memorial B · 4 yrs held
Santa Cruz Cnty Veterans Memorial B
since 2022
5 recorded transactions
Zoning & alternative use
VA · Ben Lomond, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$980,000
+176.2%
Medical building
$785,000
+121.3%
Office building
$780,000
+119.6%
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 Ben Lomond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ben Lomond 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
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$980,000
Change: +176% · Conversion: Difficult
MEDICAL BUILDING
$785,000
Change: +121% · Conversion: Difficult
OFFICE BUILDING
$780,000
Change: +120% · Conversion: Difficult
AUTO REPAIR, GARAGE
$680,000
Change: +91% · Conversion: Difficult
RETAIL STORES
$645,000
Change: +81% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$179 / 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
$457
Tax year 2024
Assessed value
$3,532,158
Assessed 2024
Previous assessed
$3,532,158
+0.0% YoY
Effective rate
0.01%
On assessed value
Assessed land
$2,457,425
Assessed improvement
$1,074,733
Applied tax rate
90.0000
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
1963
Construction
WOOD
Heating
NONE
Stories
1
Units
10
Total area
3,809 SF
Lot
5.21 ac (226,773 SF)
Zoning code
VA
APN
078-273-15
UPID
US09-0895596
Jurisdiction
SANTA CRUZ
Zoning & alternative use
VA · Ben Lomond, CA
Zoning VA · permitted uses
VA · Ben Lomond, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ben Lomond. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$980,000
MEDICAL BUILDING
Est. value
$785,000
OFFICE BUILDING
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$680,000
RETAIL STORES
Est. value
$645,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1963
Construction
WOOD
Heating
NONE
Stories
1
Units
10
Lot
5.21 ac
Current owner
From public records · entity-resolved
Santa Cruz Cnty Veterans Memorial B
Individual
Mailing address
PO BOX 1303, SANTA CRUZ, CA 95061-1303
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2026
—
Ben Lomond Highway 9 LP
—
Deed
related
$9,600,000 · Banc Of California NA
Feb 11, 2022
$3,425,000
Santa Cruz Cnty Veterans Memorial B
Vimal Patel
Grant Deed
$2,397,500 · Santa Cruz County Bank
Sep 13, 2002
—
Vimal Patel
Patel,vimal & Anita
Quit Claim Deed
related
$150,000 · Heritage Bank Of Commerce
Oct 14, 1994
$225,500
Vimal Patel
Haimowitz,lee & Ramona
Grant Deed
related
$105,262 · Seller
May 8, 1985
$358,000
James E Haglund
Haimowitz,lee
Grant Deed
related
—
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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