New search
Property profile & analytics
OFF-MARKET
Estimated value
$20,795,000
Hotels
16856 Linea Del Cielo, Rancho Santa Fe, CA 92067
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8883702
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Total area
46,415 SF
Lot
5.96 ac (259,617 SF)
Zoning code
COMMERCIAL
APN
266-281-08-00
UPID
US09-8883702
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.80M
Owner & transaction history
Gvii Rancho Owner LLC · 2 yrs held
Gvii Rancho Owner LLC
since 2023
5 recorded transactions
Zoning & alternative use
COMMERCIAL · Rancho Santa Fe, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$30.4M
+23.3%
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 Rancho Santa Fe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rancho Santa Fe 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$24,685,000
Current use
RESTAURANT
$30,435,000
Change: +23% · Conversion: Difficult
MEDICAL BUILDING
$22,030,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$20.80M
Range $18.72M – $22.87M · ±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
$448 / 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
$576,250
Tax year 2024
Assessed value
$49,870,000
Assessed 2024
Previous assessed
$49,870,000
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$29,508,000
Assessed improvement
$20,362,000
Applied tax rate
71.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Heating
NONE
Units
46
Total area
46,415 SF
Lot
5.96 ac (259,617 SF)
Zoning code
COMMERCIAL
APN
266-281-08-00
UPID
US09-8883702
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Rancho Santa Fe, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Rancho Santa Fe, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rancho Santa Fe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$24.7M
RESTAURANT
Est. value
$30.4M
MEDICAL BUILDING
Est. value
$22.0M
HOTEL/MOTEL Current
RESTAURANT
MEDICAL 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
Heating
NONE
Units
46
Lot
5.96 ac
Current owner
From public records · entity-resolved
Gvii Rancho Owner LLC
Entity
Free & Clear · 2 yrs held
Mailing address
900 N MICHIGAN AVE STE #1450, CHICAGO, IL 60611-6550
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2023
—
Gvii Rancho Owner LLC
Inn At Rancho Santa Fe LLC
Grant Deed
—
May 18, 2022
$42,680,000
Inn At Rancho Santa Fe LLC
Jmir Rsf Inn LLC
Grant Deed
$41,500,000 · Vmc Master Lender Upper Reit LLC
May 23, 2017
—
Jmir Rsf Inn LLC
—
Loan Modification
related
$11,500,000 · Bank Of America
Aug 31, 2015
—
Jmir Rsf Residl Series LLC
Jmir Rsf Inn LLC
Quit Claim Deed
related
$10,640,000 · Western Alliance Bk
Apr 11, 2012
$28,000,000
Jmir Rsf Inn LLC
Huntington Hotel Co
Grant Deed
$20,000,000 · Bank Of America
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16856 Linea Del Cielo?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
