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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Hotels
2120 Fremont St, Monterey, CA 93940-5213
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US10-2221460
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1952
Construction
WOOD
Total area
6,277 SF
Lot
0.43 ac (18,597 SF)
APN
013-181-006-000
UPID
US10-2221460
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
-
Super 8 by Wyndham Monterey Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$450k
Blend (final)
Blend
$525k
Owner & transaction history
D & G Hotels INC · 18 yrs held
D & G Hotels INC
since 2008
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
$505,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$620,000
7%
$575,000
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$84 / 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
$26,630
Tax year 2023
Assessed value
$2,378,835
Assessed 2023
Previous assessed
$2,378,835
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,028,854
Assessed improvement
$1,349,981
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
1952
Construction
WOOD
Heating
NONE
Stories
1
Units
18
Rooms
60
Bathrooms
20
Total area
6,277 SF
Lot
0.43 ac (18,597 SF)
APN
013-181-006-000
UPID
US10-2221460
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
1952
Construction
WOOD
Heating
NONE
Stories
1
Units
18
Rooms
60
Bathrooms
20
Lot
0.43 ac
Current owner
From public records · entity-resolved
D & G Hotels INC
Entity
Mailing address
2120 FREMONT ST, MONTEREY, CA 93940-5213
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2017
—
D & G Hotels INC
—
Deed
related
$1,500,000 · Pacific Vly Bk
Apr 3, 2008
$1,900,000
D & G Hotels INC
Thomas M Jacobs
Grant Deed
$1,570,000 · Old Republic Exchange Facilitator C
Apr 3, 2008
—
Rosy T Jacobs
Jay-dust Corp
Quit Claim Deed
related
—
Feb 10, 1999
—
Jacobs Trust
Jacobs,thomas M & Rosy T
Quit Claim Deed
related
—
Jul 1, 1998
—
Thomas M Jacobs
Jacobs,rosy T
Quit Claim Deed
related
$750,000 · Monterey Bay Bank
Mar 8, 1994
—
Rosy T Jacobs
Jacobs,thomas M
Quit Claim Deed
related
$783,500 · Sonoma National Bank
Oct 12, 1993
$980,000
Jay-dust Corp
Choe,charles C &
Grant Deed
$825,000 · Sonoma National Bank
—
—
Rosy T Jacobs
—
Deed Of Trust
related
$20,000 · Us Small Business Admn
—
—
Jacobs Trust
—
Deed Of Trust
related
$50,000 · Wells Fargo Bank
—
—
Thomas M Jacobs
—
Deed Of Trust
related
$751,258 · Money Store INC
—
—
Jay-dust Corp
—
Deed Of Trust
related
—
—
—
D & G Hotels INC
—
Deed Of Trust
related
$1,500,000 · Pacific Vly Bk
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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