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Property profile & analytics
OFF-MARKET
Estimated value
$3,680,000
Hotels
2290 Marketplace Dr Madera, CA 93637-4999
Entity Owned
27-yr Hold
~
Est. High Equity
Property ID
US09-2951850
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2000
Construction
WOOD
Total area
37,296 SF
Lot
1.38 ac (60,112 SF)
APN
013-070-023-000
UPID
US09-2951850
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
-
Holiday Inn Express Madera-Yosemite Park Area, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.68M
Owner & transaction history
Horizon Enterprises · 27 yrs held
Horizon Enterprises
since 1998
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 Madera submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madera 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%
$3,645,000
6.5%
$3,365,000
7%
$3,125,000
Blend value · Realmo final
$3.68M
Range $3.31M – $4.05M · ±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
$99 / 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
$54,004
Tax year 2024
Assessed value
$4,554,505
Assessed 2024
Previous assessed
$4,554,505
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$463,732
Assessed improvement
$4,090,773
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
NONE
Total area
37,296 SF
Lot
1.38 ac (60,112 SF)
APN
013-070-023-000
UPID
US09-2951850
Jurisdiction
MADERA
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
2000
Construction
WOOD
Heating
NONE
Lot
1.38 ac
Current owner
From public records · entity-resolved
Horizon Enterprises
Entity
Mailing address
2290 MARKETPLACE DR, MADERA, CA 93637-4999
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2017
—
Shastriji Management LLC
—
Deed
related
$4,730,000 · Community First Bk
Sep 30, 1999
—
Shastriji Management LLC
—
Grant Deed
related
$2,550,000 · Regency Bank
Dec 4, 1998
—
Horizon Enterprises
Horizon Enterprises
Quit Claim Deed
related
—
—
—
Shastriji Management LLC
—
Deed Of Trust
related
$1,198,000 · Heritage Bank Of Commerce
—
—
Shastriji Management LLC
—
Deed Of Trust
related
$474,600 · Regency Bank
—
—
Shastriji Management LLC
—
Deed Of Trust
related
$40,000 · Howard Matthews
—
—
Shastriji Management LLC
—
Deed Of Trust
related
$4,086,000 · California Bank & Trust
—
—
Shastriji Management LLC
—
Deed Of Trust
related
$400,571 · Heritage Bank Of Commerce
—
—
Shastriji Management LLC
—
Deed Of Trust
related
$150,000 · Heritage Bank Of Commerce
—
—
Shastriji Management LLC
—
Deed Of Trust
related
$2,550,000 · Community Development Business
—
—
Shastriji Management LLC
—
Loan Modification
related
$4,730,000 · Community First Bk
—
—
Shastriji Management LLC
—
Deed Of Trust
related
$400,000 · Joe Rossi
—
—
Shastriji Management LLC
—
Deed Of Trust
related
$150,000 · Community Development Business
—
—
Shastriji Management LLC
—
Deed Of Trust
related
$3,121,000 · Stellar Business 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.
Try Rey
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