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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Hotels
2030 Fremont St, Monterey, CA 93940-5263
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-0971591
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1964
Construction
TILT-UP CONCRETE
Total area
19,688 SF
Lot
1.26 ac (54,947 SF)
APN
013-191-026-000
UPID
US09-0971591
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
-
Feagai Gym & Fitness Center Spa & Massage Center
-
Ally Farm (Ally Zoo) Zoo
-
Travelodge by Wyndham Monterey Bay Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
$1.94M
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.54M
Owner & transaction history
Snkf INC · 12 yrs held
Snkf INC
since 2014
7 recorded transactions
Zoning & alternative use
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 Monterey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monterey 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
$1,030,000
CAP Approach
CAP Return
Estimation
6%
$2,105,000
6.5%
$1,940,000
7%
$1,805,000
Blend value · Realmo final
$1.54M
Range $1.38M – $1.69M · ±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
$78 / 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
$98,994
Tax year 2023
Assessed value
$8,602,144
Assessed 2023
Previous assessed
$8,602,144
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$4,523,283
Assessed improvement
$4,078,861
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
4
Stories
2
Units
43
Rooms
226
Bathrooms
113
Total area
19,688 SF
Lot
1.26 ac (54,947 SF)
APN
013-191-026-000
UPID
US09-0971591
Jurisdiction
MONTEREY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
4
Units
43
Rooms
226
Bathrooms
113
Lot
1.26 ac
Current owner
From public records · entity-resolved
Snkf INC
Entity
Mailing address
2030 FREMONT ST, MONTEREY, CA 93940-5263
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Mar 31, 2014
—
Snkf INC
Snkf LLC
Grant Deed
$3,700,000 · Wells Fargo Bank NA
Jul 14, 2006
—
Snkf LLC
Snkf INC
Quit Claim Deed
$4,229,000 · Nara Bank
Apr 12, 2002
—
Snkf INC
Ww Monterey INC
Grant Deed
$3,245,000 · Nara Bank
Sep 9, 1999
—
Ww Monterey INC
Ww Lodging Ltd LLC
Grant Deed
related
—
Jul 1, 1999
$930,000
Ww Lodging Ltd LLC
Smith Trust
Grant Deed
—
—
—
Snkf INC
—
Deed Of Trust
related
$1,000,000 · Kim Family Trust (pt)
—
—
Snkf LLC
—
Deed Of Trust
related
$300,000 · Nara Bank
—
—
Snkf INC
—
Deed Of Trust
related
$1,330,000 · Nara Bank
—
—
Snkf LLC
—
Deed Of Trust
related
$3,880,000 · Nara Bank
—
—
Snkf LLC
—
Deed Of Trust
related
$600,000 · Kim Family Trust
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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