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Property profile & analytics
OFF-MARKET
Estimated value
$4,055,000
Hotels
1501 Fitzgerald Dr, Pinole, CA 94564-2230
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2696613
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1987
Total area
27,918 SF
Lot
2.72 ac (118,483 SF)
APN
426-392-009-4
UPID
US09-2696613
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
-
Motel 6 Pinole, CA Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.10M
CAP Approach
CAP
$2.70M
Comparable Approach
Comparable
$2.76M
Blend (final)
Blend
$4.06M
Owner & transaction history
Laxmi Narayan Investments LLC · 2 yrs held
Laxmi Narayan Investments LLC
since 2023
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.7M
+32.0%
Restaurant
$3.8M
+5.6%
Office building
$3.6M
+1.8%
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 Pinole submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pinole 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
$3,920,000
ML approach
$4,095,000
CAP Approach
CAP Return
Estimation
6%
$2,915,000
6.5%
$2,695,000
7%
$2,500,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,570,000
Current use
COMMERCIAL (GENERAL)
$4,715,000
Change: +32% · Conversion: Difficult
RESTAURANT
$3,770,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$3,635,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,535,000
Change: -1% · Conversion: Difficult
MEDICAL BUILDING
$3,195,000
Change: -11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,045,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$4.06M
Range $3.65M – $4.46M · ±10% · vs last sale $4.10M (Dec 19 2023)
Last sale anchor
$4.10M
Dec 19 2023
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
$145 / 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
$158,484
Tax year 2024
Assessed value
$10,138,143
Assessed 2024
Previous assessed
$10,138,143
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$1,832,979
Assessed improvement
$8,305,164
Applied tax rate
6.0000
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
1987
Heating
NONE
Stories
1
Units
108
Rooms
108
Total area
27,918 SF
Lot
2.72 ac (118,483 SF)
APN
426-392-009-4
UPID
US09-2696613
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
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
$3.6M
COMMERCIAL (GENERAL)
Est. value
$4.7M
RESTAURANT
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.0M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1987
Heating
NONE
Stories
1
Units
108
Rooms
108
Lot
2.72 ac
Current owner
From public records · entity-resolved
Laxmi Narayan Investments LLC
Entity
Mailing address
948 MSN ST, SAN FRANCISCO, CA 94103-2911
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2025
—
Laxmi Narayan Investments LLC
—
Deed
related
$1,662,000 · Bank Of Guam
Dec 19, 2023
$4,100,000
Laxmi Narayan Investments LLC
Pinole Hospitality LLC
Assignment Of Sub Lease
$2,000,000 · Robert S Schonefeld 2021 Living Tru
Sep 14, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,075,000,000 · Jp Morgan Chase Bk
Aug 9, 2017
—
G6 Hospitality Property LLC
—
Grant Deed
related
$2,010,000,000 · Jp Morgan Chase Bk
Apr 21, 2003
—
Fitzgerald,tr
Fitzgerald,thomas J
Quit Claim Deed
related
—
Jan 15, 1997
—
David J Fitzgerald
Fitzgerald,david J
Quit Claim Deed
related
—
Aug 28, 1996
—
Thomas J Fitzgerald
Thomas J Fitzgerald Trustee
Quit Claim Deed
related
—
—
—
G6 Hospitality Property LLC
—
Deed Of Trust
related
$1,800,000,000 · Jp Morgan Chase Bk
—
—
Fitzgerald Trust
—
Deed Of Trust
related
$610,000 · Bank Of America
—
—
Motel 6 Operatin
—
Deed Of Trust
related
$155,000,000 · Bankers Trust Co
—
—
Fitzgerald,tr
—
Deed Of Trust
related
$400,000 · Pike Plumbing Co INC
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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