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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Motels
15615 K St Mojave, CA 93501-1825
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-3238514
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1956
Construction
WOOD
Total area
9,958 SF
Lot
0.35 ac (15,245 SF)
Zoning code
C-2 PD FPS
APN
236-261-06-00-0
UPID
US10-3238514
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
-
Economy Motel - Sierra Motor Lodge Hotel & Motel
-
Sierra Motor Lodge Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
$930k
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$970k
Owner & transaction history
Yabut Real Estate Investments · 3 yrs held
Yabut Real Estate Investments
since 2022
Last sale
$950,000
5 recorded transactions
Zoning & alternative use
C-2 PD FPS · Mojave, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.5M
+7.9%
Auto repair, garage
$1.4M
+0.4%
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 Mojave submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mojave 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
$1,010,000
ML approach
$1,020,000
CAP Approach
CAP Return
Estimation
6%
$1,005,000
6.5%
$930,000
7%
$860,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,375,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,485,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,380,000
Change: +0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,265,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10% · vs last sale $950k (Nov 18 2022)
Last sale anchor
$950k
Nov 18 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
$97 / 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
$11,321
Tax year 2023
Assessed value
$936,800
Assessed 2023
Previous assessed
$936,800
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$35,000
Assessed improvement
$901,800
Applied tax rate
94.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
YES
Cooling
WINDOW A/C
Stories
2
Units
37
Total area
9,958 SF
Lot
0.35 ac (15,245 SF)
Zoning code
C-2 PD FPS
APN
236-261-06-00-0
UPID
US10-3238514
Jurisdiction
KERN
Zoning & alternative use
C-2 PD FPS · Mojave, CA
Zoning C-2 PD FPS · permitted uses
C-2 PD FPS · Mojave, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mojave. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
HOTEL/MOTEL Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
INDUSTRIAL (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
1956
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
37
Lot
0.35 ac
Current owner
From public records · entity-resolved
Yabut Real Estate Investments
Entity
Mailing address
983 S BCH DR, SACRAMENTO, CA 95831-4354
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
Nov 18, 2022
$950,000
Yabut Real Estate Investments
Singh Brar Jujhar
Grant Deed
$958,000 · Mission Valley Bank
Nov 29, 2005
$610,000
Jujhar S Brar
Patel,jayantibhai P
Grant Deed
$420,000 · Mirae Bank
Sep 29, 2000
$310,000
Jayantibhai P Patel
Poole Trust
Grant Deed
$210,000 · Seller
—
—
Jayantibhai P Patel
—
Deed Of Trust
related
$1,360,000 · Mirae Bank
—
—
Jayantibhai P Patel
—
Deed Of Trust
related
$1,360,000 · Mirae Bank
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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