Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,435,000
Hotels
150 Elm St Bishop, CA 93514-2424
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-1108272
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1961
Construction
WOOD
Total area
20,722 SF
Lot
0.85 ac (37,121 SF)
APN
001-064-29-00
UPID
US09-1108272
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
-
Quality Inn Bishop near Mammoth Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.30M
Blend (final)
Blend
$5.44M
Owner & transaction history
Hero Hospitality LLC · 3 yrs held
Hero Hospitality LLC
since 2022
Last sale
$5.5M
6 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 Bishop submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bishop 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
$6,305,000
ML approach
$5,980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.44M
Range $4.89M – $5.98M · ±10% · vs last sale $5.50M (Dec 19 2022)
Last sale anchor
$5.50M
Dec 19 2022
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
$262 / 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
$56,320
Tax year 2023
Assessed value
$5,344,088
Assessed 2023
Previous assessed
$5,344,088
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$1,575,000
Assessed improvement
$3,769,088
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
1961
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Rooms
55
Total area
20,722 SF
Lot
0.85 ac (37,121 SF)
APN
001-064-29-00
UPID
US09-1108272
Jurisdiction
INYO
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
Year built
1961
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Rooms
55
Lot
0.85 ac
Current owner
From public records · entity-resolved
Hero Hospitality LLC
Entity
Mailing address
142 PIXEL IRVINE
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2022
$5,500,000
Hero Hospitality LLC
West Lodging LLC
Grant Deed
$4,600,000 · West Lodging LLC
Dec 5, 2016
—
West Lodging LLC
—
Deed
related
$559,472 · Private Individual
May 6, 2016
$1,941,000
West Lodging LLC
Kcm Bhakta Motel Corp
Grant Deed
$940,527 · Laxmi Nivas INC
Jun 16, 1997
—
Chen Trust
Chen,jung-yang & Li-ann
Quit Claim Deed
related
—
Oct 19, 1992
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
West Lodging LLC
—
Deed Of Trust
related
$559,472 · Private Individual
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 150 Elm 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.
