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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Motels
16231 Askin Dr Pine Mountain Club, CA 93222
Individually Owned
1-yr Hold
Free & Clear
Property ID
US09-0452110
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1992
Construction
WOOD
Total area
3,060 SF
Lot
0.03 ac (1,306 SF)
Zoning code
C-2
APN
316-540-21-00-0
UPID
US09-0452110
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
$625k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$601k
Blend (final)
Blend
$680k
Owner & transaction history
Diana B Chase · 1 yrs held
Diana B Chase
since 2025
Last sale
$750,000
3 recorded transactions
Zoning & alternative use
C-2 · Pine Mountain Club, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+149.7%
Medical building
$645,000
+52.6%
Office building
$595,000
+40.2%
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 Pine Mountain Club submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pine Mountain Club 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
$665,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$425,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,055,000
Change: +150% · Conversion: Difficult
MEDICAL BUILDING
$645,000
Change: +53% · Conversion: Difficult
OFFICE BUILDING
$595,000
Change: +40% · Conversion: Difficult
AUTO REPAIR, GARAGE
$425,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $750k (Feb 20 2025)
Last sale anchor
$750k
Feb 20 2025
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
$222 / 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
$8,528
Tax year 2023
Assessed value
$780,299
Assessed 2023
Previous assessed
$780,299
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$6,242
Assessed improvement
$774,057
Applied tax rate
84.0000
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
1992
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Units
8
Total area
3,060 SF
Lot
0.03 ac (1,306 SF)
Zoning code
C-2
APN
316-540-21-00-0
UPID
US09-0452110
Jurisdiction
KERN
Zoning & alternative use
C-2 · Pine Mountain Club, CA
Zoning C-2 · permitted uses
C-2 · Pine Mountain Club, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pine Mountain Club. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$425,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$645,000
OFFICE BUILDING
Est. value
$595,000
AUTO REPAIR, GARAGE
Est. value
$425,000
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE 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
1992
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
8
Lot
0.03 ac
Current owner
From public records · entity-resolved
Diana B Chase
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 6620, PINE MOUNTAIN CLUB, CA 93222-6620
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2025
$564,600
Diana B Chase
Pmi Hospitality LLC
Deed
related
—
Jun 25, 2021
$750,000
Pmi Hospitality LLC
Diana B Chase
Grant Deed
$650,000 · Diana Chase
Apr 6, 2009
$380,000
Diana B Chase
Mohammed,naz K & Talat
Grant Deed
—
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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