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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    186 Coast Hwy 101 Encinitas, CA 92024-3251

    • Hotels
    • 14,728 SF
    • 0.50 lot acres
    OFF-MARKET
    Last Sale
    Nov 15, 2024
    $5,000,000
    Value Estimations
    $5,000,000
    Show details
    Cap Rate Potential
    4.8%
    Hotels
    Location Intelligence
    Property ID
    US09-8900673
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Portofino Beach Inn - Encinitas / Hotel & Motel

    Property Details for 186 Coast Hwy 101

    Year built
    1986
    Lot size
    0.50 lot acres
    Property size
    14,728 SF
    Zone code
    COMMERCIAL
    Property type
    Hotels
    Property subtype
    Motels
    APN
    256-392-11-00
    APU
    2563921100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,000,000
      ML approach
      $5,000,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,030,000
      6.5%
      $3,720,000
      7%
      $3,455,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,410,000
      Market price range: $5.41M - $13.0M
      AI Estimate
      $3,046,000
      Market price range: $924k - $9.28M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $7,830,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $7,835,000
      Change: +0% Conversion: Difficult
      MEDICAL BUILDING
      $6,990,000
      Change: -11% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Encinitas
    County
    San Diego
    State
    California
    Longitude
    -117.296
    Latitude
    33.0521
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $48,544
    $2,120,910
    $2,263,877
    $4,384,787
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,140,000
      4.32 Acres

      2100 Coast Hwy 101

      HOTEL/MOTEL • 4.32 Acres
      2100 Coast Hwy 101, Encinitas, CA 92024-2046
      View Details
    • Value Estimation
      $2,365,000
      10,722 SF

      410 Coast Hwy 101

      HOTEL/MOTEL • 10,722 SF
      410 Coast Hwy 101, Encinitas, CA 92024-2529
      View Details
    • Value Estimation
      $2,575,000
      7,374 SF

      1488-96 Hwy 101

      HOTEL/MOTEL • 7,374 SF
      1488-96 Hwy 101, Encinitas, CA 92024
      View Details
    • Value Estimation
      $820,000
      3,404 SF

      1002 Coast Hwy 101

      HOTEL/MOTEL • 3,404 SF
      1002 Coast Hwy 101, Encinitas, CA 92024-1469
      View Details
    • Value Estimation
      $10,450,000
      34,650 SF

      607 Leucadia Blvd

      HOTEL/MOTEL • 34,650 SF
      607 Leucadia Blvd, Encinitas, CA 92024-2333
      View Details
    • Value Estimation
      $815,000
      3,752 SF

      225 Melrose Ave

      HOTEL/MOTEL • 3,752 SF
      225 Melrose Ave, Encinitas, CA 92024-2538
      View Details

    Similar Nearby for Sale

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      Encinitas Duplex: Modern Coastal Charm

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    Similar Nearby for Lease

    • Contact for pricing
      2,903 SF

      Encinitas Creative Office Space

      Creative office space featuring offices, conference room, kitchen, and reception.
      662 Encinitas Blvd, Encinitas, CA 92024
      View Details
    • Contact for pricing
      22,500 SF

      Retail Space in North County

      Dominant retail shopping center in Encinitas, affluent demographics.
      1588-1590 Leucadia Blvd, Encinitas, CA 92024
      View Details
    • Contact for pricing
      1,410 SF

      Retail Space on El Camino Real

      Retail property with high visibility and ample parking.
      115-119 N El Camino Real, Encinitas, CA 92024
      View Details
    • Contact for pricing
      2,500 SF

      Encinitas Office Suite For Lease

      Well-decorated professional office suite available for lease in Encinitas.
      761 Garden View Ct, Encinitas, CA 92024
      View Details
    • Contact for pricing
      600 SF

      Retail Space on Santa Fe

      Retail space available for lease in Encinitas, California.
      417-435 Santa Fe Dr, Encinitas, CA 92024
      View Details
    • Contact for pricing
      3,653 SF

      Encinitas Office Space Available

      Office building with private offices, coworking space, and amenities.
      629 2Nd St, Encinitas, CA 92024
      View Details
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    186 Coast Hwy 101
    Encinitas, CA 92024-3251
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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