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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Hotels
219 John St Salinas, CA 93901-3322
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-0721598
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1970
Construction
WOOD
Total area
13,354 SF
Lot
0.58 ac (25,450 SF)
APN
002-363-036-000
UPID
US09-0721598
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
-
Budget Inn Hotel & Motel
-
Budget inn motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$970k
Owner & transaction history
Jay Ambe Maa LLC · 6 yrs held
Jay Ambe Maa LLC
since 2019
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 Salinas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salinas 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%
$1,425,000
6.5%
$1,315,000
7%
$1,225,000
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±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
$73 / 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
$39,466
Tax year 2023
Assessed value
$3,377,717
Assessed 2023
Previous assessed
$3,377,717
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,734,443
Assessed improvement
$1,643,274
Applied tax rate
5.0000
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
1970
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Rooms
1
Total area
13,354 SF
Lot
0.58 ac (25,450 SF)
APN
002-363-036-000
UPID
US09-0721598
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
1970
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Rooms
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Jay Ambe Maa LLC
Entity
Mailing address
219 JOHN ST, SALINAS, CA 93901-3322
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Aug 15, 2019
$3,200,000
Jay Ambe Maa LLC
Bmn LLC
Grant Deed
$100,000 · Bmn LLC
Jul 15, 2016
—
Bmn LLC
Bipinchandra R Naik
Grant Deed
$2,240,000 · Pinnacle Bank
Jun 18, 2009
$1,550,000
Bipinchandra R Naik
Panchal Bharat M Trust
Grant Deed
$1,085,000 · Panchal Bharat M Trust
Jul 2, 2007
—
Panchal Bharat M Trust
Panchal,bharat M
Quit Claim Deed
related
—
Jan 10, 2002
—
Bharat Panchal
Panchal,vibha
Quit Claim Deed
related
—
Sep 7, 1990
$1,050,000
Bharat M Panchal
Patel,bhulabhai
Grant Deed
$775,000 · Lawyers Asset Management
—
—
Bipinchandra R Naik
—
Deed Of Trust
related
$75,000 · Bipin & Kumudini Kapadia
—
—
Bipinchandra R|patel Manjuben M Naik
—
Deed Of Trust
related
$526,000 · Bipin & Kumudini Kapadia
—
—
Bipinchandra R Naik
—
Deed Of Trust
related
$365,000 · Bipin & Kumudini Kapadia
—
—
Bharat Panchal
—
Deed Of Trust
related
$600,000 · Wells Fargo Bank
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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