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Property profile & analytics
OFF-MARKET
Estimated value
$3,220,000
Motels
1814 Apache Blvd Tempe, AZ 85281-6006
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US07-0040055
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1962
Construction
STEEL FRAME
Total area
4,733 SF
Lot
0.76 ac (32,930 SF)
Zoning code
C-G
APN
132-66-011
UPID
US07-0040055
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
-
Paradise Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.24M
Blend (final)
Blend
$3.22M
Owner & transaction history
Jai Jalaram Enterprises LLC · 19 yrs held
Jai Jalaram Enterprises LLC
since 2007
7 recorded transactions
Zoning & alternative use
C-G · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
zoning and development code
Top alternative use upside
Auto repair, garage
$3.3M
+72.7%
Retail stores
$2.5M
+32.3%
Neighborhood: shopping center
$2.4M
+26.2%
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 Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe 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
AUTO REPAIR, GARAGE
$3,255,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$2,490,000
Change: +32% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,375,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$3.22M
Range $2.90M – $3.54M · ±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
$680 / 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
$15,641
Tax year 2023
Assessed value
$285,909
Assessed 2024
Previous assessed
$248,846
+14.9% YoY
Effective rate
5.47%
On assessed value
Land market value
$1,158,500
Improvement market value
$574,281
Total market value
$1,732,781
Applied tax rate
31,600.0000
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
1962
Construction
STEEL FRAME
Heating
ELECTRIC
Buildings
4
Stories
2
Units
30
Total area
4,733 SF
Lot
0.76 ac (32,930 SF)
Zoning code
C-G
APN
132-66-011
UPID
US07-0040055
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Tempe, AZZoning C-G · permitted uses
C-G · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
zoning and development code
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$3.3M
RETAIL STORES
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1962
Construction
STEEL FRAME
Heating
ELECTRIC
Stories
2
Buildings
4
Units
30
Lot
0.76 ac
Current owner
From public records · entity-resolved
Jai Jalaram Enterprises LLC
Entity
Mailing address
1814 E APACHE BLVD, TEMPE, AZ 85281-6006
Mailing matches property
Yes
Owner-occupied
Yes
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2025
—
Jai Jalaram Enterprises LLC
—
Deed
related
$903,758 · Prestamos Cdfi LLC
Oct 12, 2018
—
Paradise Motel
—
Deed
related
$240,000 · Private Individual
Oct 11, 2018
—
Jai Jalaram Ents LLC
—
Deed
related
$730,000 · Gove L Allen
May 18, 2007
$795,000
Jai Jalaram Enterprises LLC
Bhupendra Rohit
Warranty Deed
$72,122 · Bhupendra Rohit
Dec 29, 2003
$800,000
Bhupendra Rohit
Listyo,gondosinaryo & Tio S
Grant Deed
$343,750 · Interbay Funding LLC
Oct 22, 1998
$800,000
Gondosinaryo Listyo
Djukie,milenkio & Sava
Grant Deed
$339,679 · Seller
—
—
Jai Jalaram Ents LLC
—
Deed Of Trust
related
$100,000 · Dmv Hospitality Mgmt & Inv L
—
—
Milenko Djukic
—
Deed Of Trust
related
$345,000 · Mortgage Ltd
—
—
Milenko Djukie
—
Deed Of Trust
related
$176,000 · Mortgage Ltd
—
—
Jai Jalaram Ents LLC
—
Deed Of Trust
related
$50,000 · Dmv Hospitality Mgmt & Inv L
—
—
Jai Jalaram Ents LLC
—
Deed Of Trust
related
$900,000 · Bruno & Jami Salamone
—
—
Jai Jalaram Ents LLC
—
Deed Of Trust
related
$730,000 · Miscellaneous Ins Co
—
—
Jai Jalaram Ents LLC
—
Deed Of Trust
related
$730,000 · Gove L Allen
—
—
Paradise Motel
—
Deed Of Trust
related
$240,000 · Private Individual
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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