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Property profile & analytics
OFF-MARKET
Estimated value
$12,080,000
Motels
206 Alexa Ct Paso Robles, CA 93446-9633
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3381153
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2007
Construction
WOOD
Total area
49,520 SF
Lot
1.57 ac (68,389 SF)
Zoning code
C2
APN
009-831-023
UPID
US09-3381153
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
$9.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.03M
Blend (final)
Blend
$12.08M
Owner & transaction history
Pdof Paso 206 LLC · 4 yrs held
Pdof Paso 206 LLC
since 2021
Last sale
$15.3M
7 recorded transactions
Zoning & alternative use
C2 · Paso Robles, 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 Paso Robles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paso Robles 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
$9,370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.08M
Range $10.87M – $13.29M · ±10% · vs last sale $15.31M (Nov 10 2021)
Last sale anchor
$15.31M
Nov 10 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
$244 / 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
$180,426
Tax year 2024
Assessed value
$17,032,165
Assessed 2024
Previous assessed
$17,032,165
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$2,496,960
Assessed improvement
$14,535,205
Applied tax rate
2.0000
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
2007
Construction
WOOD
Heating
NONE
Stories
1
Total area
49,520 SF
Lot
1.57 ac (68,389 SF)
Zoning code
C2
APN
009-831-023
UPID
US09-3381153
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
C2 · Paso Robles, CA
Zoning C2 · permitted uses
C2 · Paso Robles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paso Robles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.57 ac
Current owner
From public records · entity-resolved
Pdof Paso 206 LLC
Entity
Mailing address
3500 LENOX RD NE STE #625, ATLANTA, GA 30326-4232
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2022
—
Pdof Paso 206 LLC
—
Deed
related
$25,502,624 · First Bank
Jan 4, 2022
—
Pdof Paso 206 LLC
—
Deed
related
$50,000,000 · Atlantic Capital Bank NA
Nov 10, 2021
$15,313,500
Pdof Paso 206 LLC
Pacific Coast Hotel Properties II L
Grant Deed
—
Apr 14, 2005
—
Pacific Coast Hotel Props II
—
Trustees Deed
related
$6,252,817 · Heritage Oaks Bank
Jan 23, 2004
$416,500
Pacific Coast Hotel Properties
Nolen Millennium LLC
Grant Deed
—
—
—
Pacific Coast Hotel Props II
—
Deed Of Trust
related
$2,948,197 · Heritage Oaks Bank
—
—
Pacific Coast Hotel Properties
—
Deed Of Trust
related
$1,689,736 · Heritage Oaks Bank
—
—
Hastings,tr
—
Deed Of Trust
related
$135,000 · Nolen Millennium LLC
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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