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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Hotels
1672 Herndon Rd Ceres, CA 95307-4420
Trust Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1450538
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1952
Total area
18,794 SF
Lot
3.84 ac (167,270 SF)
APN
040-003-011-000
UPID
US09-1450538
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
-
Howard Johnson by Wyndham Modesto Ceres Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$487k
Blend (final)
Blend
$535k
Owner & transaction history
Jamnadas 2007 Trust · 19 yrs held
Jamnadas 2007 Trust
since 2007
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Ceres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ceres 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
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$655,000
Current use
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$28 / 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
$20,417
Tax year 2024
Assessed value
$1,825,765
Assessed 2024
Previous assessed
$1,825,765
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$542,666
Assessed improvement
$1,283,099
Applied tax rate
1.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1952
Heating
NONE
Stories
2
Units
50
Total area
18,794 SF
Lot
3.84 ac (167,270 SF)
APN
040-003-011-000
UPID
US09-1450538
Jurisdiction
STANISLAUS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$655,000
HOTEL/MOTEL Current
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
1952
Heating
NONE
Stories
2
Units
50
Lot
3.84 ac
Current owner
From public records · entity-resolved
Jamnadas 2007 Trust
Trust
Mailing address
1015 SYCAMORE AVE, MODESTO, CA 95350-5233
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2021
—
Rajendra Jamnadas
—
Deed
related
$1,960,000 · Farmers & Merchants Bank Of Central Ca
Jul 8, 2016
—
Jamnadas 2007 Trust
—
Deed
related
$2,100,000 · West Town Bk&tr
Feb 8, 2007
—
Jamnadas 2007 Trust
Jamnadas,rajendra & Chandra
Quit Claim Deed
related
—
Jun 2, 2003
—
Rajendra-chandra Jamnadas
—
Deed Of Trust
related
$1,250,000 · Blx Capital LLC
Jun 14, 1990
$356,000
Rajendr Jamnadas
Jamnadas,trust
Grant Deed
related
$330,482 · Seller
—
—
Jamnadas 2007 Trust
—
Deed Of Trust
related
$2,100,000 · West Town Bk&tr
—
—
Jamnadas 2007 Trust
—
Deed Of Trust
related
$2,100,000 · Sterling Savings Bank
—
—
Rajendra Jamnadas
—
Deed Of Trust
related
$935,000 · Money Store Commercial Mtg
—
—
Rajendra Jamnadas
—
Deed Of Trust
related
$400,000 · Premier Com'l Bk NA
—
—
Rajendra Jamnadas
—
Deed Of Trust
related
$1,200,000 · General Electric Capital Corp
—
—
Rajendra Jamnadas
—
Deed Of Trust
related
$500,000 · Money Store INC
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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