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Property profile & analytics
OFF-MARKET
Estimated value
$1,445,000
Motels
16123 Sierra Way Kernville, CA 93238-9708
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-3042802
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1955
Construction
WOOD
Total area
5,156 SF
Lot
1.06 ac (46,173 SF)
Zoning code
E (1/2)
APN
054-062-18-00-8
UPID
US09-3042802
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
$1.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.45M
Owner & transaction history
Mangalmurti LLC · 5 yrs held
Mangalmurti LLC
since 2020
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
E (1/2) · Kernville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.8M
+149.7%
Restaurant
$1.6M
+124.4%
Medical building
$1.1M
+52.6%
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 Kernville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kernville 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
$1,770,000
ML approach
$1,735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,780,000
Change: +150% · Conversion: Difficult
RESTAURANT
$1,600,000
Change: +124% · Conversion: Difficult
MEDICAL BUILDING
$1,085,000
Change: +53% · Conversion: Difficult
OFFICE BUILDING
$1,000,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$1.45M
Range $1.30M – $1.59M · ±10% · vs last sale $1.35M (Nov 25 2020)
Last sale anchor
$1.35M
Nov 25 2020
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
$280 / 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
$15,940
Tax year 2023
Assessed value
$1,405,857
Assessed 2023
Previous assessed
$1,405,857
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$69,706
Assessed improvement
$1,336,151
Applied tax rate
82.0000
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
1955
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
14
Total area
5,156 SF
Lot
1.06 ac (46,173 SF)
Zoning code
E (1/2)
APN
054-062-18-00-8
UPID
US09-3042802
Jurisdiction
KERN
Zoning & alternative use
E (1/2) · Kernville, CA
Zoning E (1/2) · permitted uses
E (1/2) · Kernville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kernville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
RESTAURANT
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
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
1955
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
14
Lot
1.06 ac
Current owner
From public records · entity-resolved
Mangalmurti LLC
Entity
Mailing address
15972 CROSSWIND AVE, CHINO, CA 91708-7629
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2023
—
Mangalmurti LLC
—
Deed
related
$1,060,000 · State Bank Of India
Nov 25, 2020
$1,350,000
Mangalmurti LLC
Joe C Cunningham
Grant Deed
$1,078,000 · American Continental Bank
May 16, 2001
$186,500
Cunningham,tr
Forbus,earl & Janet
Grant Deed
related
—
Dec 31, 1976
$130,000
—
—
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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