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Property profile & analytics
OFF-MARKET
Estimated value
$7,105,000
Motels
1625 Calle Joaquin San Luis Obispo, CA 93405-7214
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-1969209
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1988
Construction
WOOD
Total area
7,348 SF
Lot
3.35 ac (145,926 SF)
Zoning code
CT
APN
053-171-034
UPID
US09-1969209
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 San Luis Obispo, CA - South Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.09M
Blend (final)
Blend
$7.11M
Owner & transaction history
Shree Agashimata INC · 4 yrs held
Shree Agashimata INC
since 2022
Last sale
$7.1M
7 recorded transactions
Zoning & alternative use
CT · San Luis Obispo, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.6M
+15.1%
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 San Luis Obispo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis Obispo 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
$8,110,000
ML approach
$7,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,645,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$7.11M
Range $6.39M – $7.82M · ±10% · vs last sale $7.10M (May 20 2022)
Last sale anchor
$7.10M
May 20 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
$967 / 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
$116,772
Tax year 2024
Assessed value
$10,404,810
Assessed 2024
Previous assessed
$10,404,810
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$4,577,760
Assessed improvement
$5,827,050
Applied tax rate
3.0000
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
1988
Construction
WOOD
Heating
NONE
Buildings
4
Total area
7,348 SF
Lot
3.35 ac (145,926 SF)
Zoning code
CT
APN
053-171-034
UPID
US09-1969209
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CT · San Luis Obispo, CA
Zoning CT · permitted uses
CT · San Luis Obispo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Luis Obispo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.6M
APARTMENT HOUSE (5+ UNITS)
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
1988
Construction
WOOD
Heating
NONE
Buildings
4
Lot
3.35 ac
Current owner
From public records · entity-resolved
Shree Agashimata INC
Entity
Mailing address
1625 CALLE JOAQUIN BLVD, SAN LUIS OBISPO, CA 93405-7214
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2022
$7,100,000
Shree Agashimata INC
G6 Hospitality Property LLC
Grant Deed
$5,000,000 · Summit State Bank
Sep 9, 2021
—
G6 Hospitality Property LLC
—
Deed
related
$685,000,000 · Goldman Sachs Bank USA
Sep 15, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,075,000,000 · Jp Morgan Chase Bk
Aug 7, 2017
—
G6 Hospitality Property LLC
—
Grant Deed
related
$2,010,000,000 · Deutsche Bk Ag/ny Branch
Sep 7, 2012
$4,830,500
G6 Hospitality Property LLC
Bhg Property LLC
Grant Deed
—
Sep 7, 2012
$1,000
G6 Hospitality Property LLC
Gjb Remainder LLC
Grant Deed
—
Mar 12, 2001
$43,000
Gjb Remainder LLC
Glasjar Funding LP
Trustees Deed
—
Mar 12, 2001
$4,430,000
Bhg Property LLC
Glasjar Funding LP
Trustees Deed
—
Mar 14, 1997
—
Allstar Inns INC
Motel 6 Operating LP
Quit Claim Deed
related
—
Feb 21, 1997
$3,191,500
Glasjar Funding Ltd
Allstar Inn INC
Grant Deed
related
$320,125,000 · Chase Manhattan 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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