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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Hotels
1836 El Camino Real Redwood City, CA 94063-2111
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US10-3069173
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2001
Construction
TILT-UP CONCRETE
Total area
43,570 SF
Lot
0.56 ac (24,333 SF)
Zoning code
CH00CG
APN
053-122-170
UPID
US10-3069173
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
-
Holiday Inn Express Redwood City-Central, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$928k
Blend (final)
Blend
$930k
Owner & transaction history
Ajay B Patel · 9 yrs held
Ajay B Patel
since 2017
7 recorded transactions
Zoning & alternative use
CH00CG · Redwood City, CA
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 Redwood City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redwood City 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
$935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,195,000
Current use
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±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
$21 / 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
$101,461
Tax year 2024
Assessed value
$9,180,627
Assessed 2024
Previous assessed
$9,180,627
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$3,732,610
Assessed improvement
$5,448,017
Applied tax rate
9.0000
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
Status
Off-Market
Year built
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Units
62
Rooms
62
Total area
43,570 SF
Lot
0.56 ac (24,333 SF)
Zoning code
CH00CG
APN
053-122-170
UPID
US10-3069173
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CH00CG · Redwood City, CA
Zoning CH00CG · permitted uses
CH00CG · Redwood City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redwood City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.2M
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
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Units
62
Rooms
62
Lot
0.56 ac
Current owner
From public records · entity-resolved
Ajay B Patel
Individual
Mailing address
1836 EL CAMINO REAL, REDWOOD CITY, CA 94063-2111
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2017
—
Ajay B Patel
Patel,damini
Quit Claim Deed
related
$1,500,000 · Bank Of The West
Apr 1, 2013
—
1836 El Camino Real Group LLC
Patel,kanti R & Manju
Grant Deed
—
Dec 11, 2012
—
Anjali Patel
Patel,jayanti & Jayaben
Quit Claim Deed
related
—
Nov 30, 2012
—
Ajay B Patel
Patel,bhikha & Jaishree
Quit Claim Deed
related
—
Mar 28, 2007
$7,150,000
Kanti R Patel
Era LLC
Grant Deed
$4,535,000 · Bank Of The West
Apr 27, 2000
—
Era LLC
—
Grant Deed
related
$97,100 · Money Store Commercial Mtg
Jun 24, 1999
$1,233,000
Era LLC
Testamentary Trust
Grant Deed
$616,500 · Individual
Mar 22, 1999
—
Jeannette Vanni
Vanni,neil
Quit Claim Deed
related
—
Nov 18, 1997
—
Eugen Clot
Clot Trust
Quit Claim Deed
related
—
Jun 15, 1995
—
Jackson Trust
Jackson,joan
Quit Claim Deed
related
—
May 19, 1993
—
Salvador&mable,demma Trust
Demma,salvador T
Quit Claim Deed
related
—
Feb 11, 1993
—
Salvador Demma Trustee
Demma,salvatori
Quit Claim Deed
related
—
—
—
Era LLC
—
Deed Of Trust
related
$1,000,000 · Mortgage Capital Dev Corp
—
—
1836 El Camino Real Group LLC
—
Deed Of Trust
related
$3,892,441 · Bank Of The West
—
—
1836 El Camino Real Group LLC
—
Deed Of Trust
related
$600,000 · Bank Of The West
—
—
El Camino Real Group LLC
—
Deed Of Trust
related
$3,900,000 · Bank Of The West
—
—
1836 El Camino Real Group LLC
—
Deed Of Trust
related
$1,500,000 · 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.
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