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Property profile & analytics
FOR SALE
Motels
16352 Sierra Hwy Mojave, CA 93501
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US10-3286512
For Sale
1 / 27
$1,680,000
16352 Sierra Hwy, Mojave, CA 93501
View Listing →
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1990
Construction
WOOD
Total area
9,527 SF
Lot
0.43 ac (18,730 SF)
Zoning code
C-2 PD H F
APN
236-102-15-00-6
UPID
US10-3286512
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
-
Americas Best Value Inn Mojave Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$675k
Blend (final)
Blend
$845k
Owner & transaction history
Jay Laxmi INC · 10 yrs held
Jay Laxmi INC
since 2015
7 recorded transactions
Zoning & alternative use
C-2 PD H F · Mojave, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$960,000
6.5%
$890,000
7%
$825,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,315,000
Current use
AUTO REPAIR, GARAGE
$1,320,000
Change: +0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,210,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$845k
Range $761k – $930k · ±10%
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
$89 / 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
$14,377
Tax year 2023
Assessed value
$1,189,959
Assessed 2023
Previous assessed
$1,189,959
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$62,578
Assessed improvement
$1,127,381
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
For Sale
Year built
1990
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Units
26
Total area
9,527 SF
Lot
0.43 ac (18,730 SF)
Zoning code
C-2 PD H F
APN
236-102-15-00-6
UPID
US10-3286512
Jurisdiction
KERN
Zoning & alternative use
C-2 PD H F · Mojave, CA
Zoning C-2 PD H F · permitted uses
C-2 PD H F · 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
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
HOTEL/MOTEL Current
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
1990
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
26
Lot
0.43 ac
Current owner
From public records · entity-resolved
Jay Laxmi INC
Entity
Mailing address
16352 SIERRA HWY, MOJAVE, CA 93501-1208
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2015
—
Jay Laxmi INC
Dipak M Doshi
Grant Deed
$850,000 · United Business Bank Fsb
Jan 24, 2006
$1,201,500
Doshi Dipak M & H D Trust
Gopal Investment LLC
Grant Deed
$836,711 · Wilshire State Bank
Nov 11, 2005
$1,201,500
Gopal Investments LLC
Patel,bipin
Grant Deed
$840,000 · Wilshire State Bank
Oct 1, 2001
$500,000
Bipin Patel
Bhakta Trust
Grant Deed
$658,000 · Imperial Bank
Apr 17, 1997
$635,000
Dhansukh N Bhakta
Bhakta,mahendra M & Ilaben M
Grant Deed
related
$570,000 · Individual
—
—
Doshi D M & H D Living Trust
—
Deed Of Trust
related
$715,000 · Wilshire State Bank
—
—
Mahendra Bhakta
—
Deed Of Trust
related
$1,000,000 · Truckee River Bank
—
—
Bhakta Trust
—
Deed Of Trust
related
$100,000 · Mojave Desert Bank
—
—
Mahendra Bhakta
—
Deed Of Trust
related
$400,000 · United National 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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