Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,955,000
Motels
1688 Riley Ave Yuma, AZ 85365-2009
Entity Owned
3-yr Hold
Free & Clear
Property ID
US07-3278726
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1996
Construction
FRAME
Total area
37,809 SF
Lot
1.81 ac (78,756 SF)
Zoning code
B-2
APN
665-37-024
UPID
US07-3278726
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
-
hotel yuma Hotel & Motel
-
Super 8 by Wyndham Yuma Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.96M
Owner & transaction history
Kingman Hotel Partners LLC · 3 yrs held
Kingman Hotel Partners LLC
since 2022
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
B-2 · Yuma, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
standards 154-08.03 Limited Commercial District (B-1) (A) Purpose (B) Permitted principal uses (C) Permitted accessory uses (D) Conditional uses (E) Property development standards 154-08.04 General Commercial District (B-2) (A) Purpose (B) Permitted principal uses (C) Permitted accessory uses (D) Conditional uses (E) Property development standards 154-08.05…
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
2,604.15 ac
Source
Chapter 154: Zoning
Top alternative use upside
Medical building
$7.9M
+1,444.3%
Office building
$4.9M
+858.6%
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 Yuma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yuma 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
$4,205,000
ML approach
$4,615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$7,920,000
Change: +1,444% · Conversion: Difficult
OFFICE BUILDING
$4,915,000
Change: +859% · Conversion: Difficult
Blend value · Realmo final
$4.96M
Range $4.46M – $5.45M · ±10% · vs last sale $5.50M (Nov 3 2022)
Last sale anchor
$5.50M
Nov 3 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
$131 / 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
$37,591
Tax year 2023
Assessed value
$300,482
Assessed 2023
Previous assessed
$300,482
+0.0% YoY
Effective rate
12.51%
On assessed value
Assessed land
$26,636
Assessed improvement
$273,846
Land market value
$287,492
Improvement market value
$2,955,710
Total market value
$3,243,202
Applied tax rate
170.0000
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
1996
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
3
Total area
37,809 SF
Lot
1.81 ac (78,756 SF)
Zoning code
B-2
APN
665-37-024
UPID
US07-3278726
Jurisdiction
YUMA
Zoning & alternative use
B-2 · Yuma, AZZoning B-2 · permitted uses
B-2 · Yuma, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
standards 154-08.03 Limited Commercial District (B-1) (A) Purpose (B) Permitted principal uses (C) Permitted accessory uses (D) Conditional uses (E) Property development standards 154-08.04 General Commercial District (B-2) (A) Purpose (B) Permitted principal uses (C) Permitted accessory uses (D) Conditional uses (E) Property development standards 154-08.05 Business Park District (BP) (A) Purpose (B) Permitted principal uses (C) Condition
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
2,604.15 ac
Source
Chapter 154: Zoning
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$7.9M
OFFICE BUILDING
Est. value
$4.9M
MEDICAL BUILDING
OFFICE 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
Year built
1996
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Lot
1.81 ac
Current owner
From public records · entity-resolved
Kingman Hotel Partners LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1700 EUREKA RD STE #160, ROSEVILLE, CA 95661-7777
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
Aug 24, 2023
—
Kingman Hotel Partners LLC
—
Deed
related
$2,994,900 · Enterprise Bank & Trust
Nov 3, 2022
$5,500,000
Kingman Hotel Partners LLC
Akashbir S Mann
Warranty Deed
—
Dec 30, 2020
—
Yuma Hotel Partners INC
A1 Super Hotels INC
Warranty Deed
$1,497,000 · Summit State Bank
May 31, 2019
—
A-1 Super Hotels INC
Sutter Motel Investors INC
Warranty Deed
$1,400,000 · Stonebridge Ascend LLC
Mar 13, 2018
$2,504,330
Sutter Motel Investors INC
Folks Larry O|narli,hardarshan S
Trustees Deed
related
—
Oct 5, 2011
—
Hardarshan S Narli
Mann,parmbir S
Warranty Deed
related
—
Feb 22, 2010
—
Parmbir S Mann
Narli,hardarshan S
Warranty Deed
related
—
Dec 4, 2008
—
Hardarshan S Narli
Joga S Mann
Warranty Deed
$1,450,000 · National Bank Of Commerce
Mar 10, 2005
$4,250,000
Akash Hotels International INC
Yuma Super 8 INC
Warranty Deed
related
—
Mar 1, 2005
$4,250,000
Hardarshan S Narli
Yuma Super 8 INC
Warranty Deed
$2,290,000 · Bank Of The West
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 1688 Riley Ave?
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.
