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Property profile & analytics
OFF-MARKET
Estimated value
$2,245,000
Motels
1934 Broadway Eureka, CA 95501-2103
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3026295
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1980
Construction
WOOD
Total area
24,816 SF
Lot
1.4 ac (60,983 SF)
Zoning code
CS
APN
003-182-009-000
UPID
US09-3026295
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
$2.31M
Comparable Approach
Comparable
$2.18M
Blend (final)
Blend
$2.25M
Owner & transaction history
Eureka Hospitality LLC · 5 yrs held
Eureka Hospitality LLC
since 2021
Last sale
$20,000
7 recorded transactions
Zoning & alternative use
CS · Eureka, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.3M
+158.7%
Commercial (general)
$2.5M
+95.1%
Industrial (general)
$2.4M
+91.1%
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 Eureka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eureka 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%
$2,505,000
6.5%
$2,310,000
7%
$2,145,000
Alternative Use
Use
Estimation
RESTAURANT
$3,265,000
Change: +159% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,460,000
Change: +95% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,410,000
Change: +91% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,370,000
Change: +88% · Conversion: Difficult
RETAIL STORES
$2,095,000
Change: +66% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,085,000
Change: +65% · Conversion: Difficult
Blend value · Realmo final
$2.25M
Range $2.02M – $2.47M · ±10% · vs last sale $20k (Mar 3 2021)
Last sale anchor
$20k
Mar 3 2021
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
$90 / 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
$44,524
Tax year 2024
Assessed value
$4,244,393
Assessed 2024
Previous assessed
$4,244,393
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$1,622,480
Assessed improvement
$2,621,913
Applied tax rate
3.0000
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
1980
Construction
WOOD
Heating
NONE
Stories
2
Rooms
51
Total area
24,816 SF
Lot
1.4 ac (60,983 SF)
Zoning code
CS
APN
003-182-009-000
UPID
US09-3026295
Jurisdiction
HUMBOLDT
Zoning & alternative use
CS · Eureka, CA
Zoning CS · permitted uses
CS · Eureka, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eureka. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.4M
WAREHOUSE, STORAGE
Est. value
$2.4M
RETAIL STORES
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
RESTAURANT
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1980
Construction
WOOD
Heating
NONE
Stories
2
Rooms
51
Lot
1.4 ac
Current owner
From public records · entity-resolved
Eureka Hospitality LLC
Entity
Mailing address
1805 ALAMAR WAY, FORTUNA, CA 95540-8535
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2021
—
Eureka Hospitality LLC
—
Deed
related
$1,230,000 · Arcata Economic Development Corporation
Mar 3, 2021
—
Eureka Hospitality LLC
G6 Hospitality Property LLC
Intrafamily Transfer
related
$1,976,000 · Redwood Capital Bank
Sep 25, 2012
$20,000
G6 Hospitality Property LLC
Gj Remainder LLC
Grant Deed
—
Sep 25, 2012
$3,556,500
G6 Hospitality Property LLC
Glasjar Property LLC
Grant Deed
—
Feb 28, 2001
$3,160,000
Glasjar Property LLC
Glasjar Funding LP
Trustees Deed
related
—
Feb 28, 2001
—
Gj Remainder LLC
Glasjar Funding LP
Trustees Deed
related
—
Mar 2, 1994
—
Allstar Inns INC
Allstar Inns Ope
Quit Claim Deed
related
—
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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