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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Motels
3237 Main St Ventura, CA 93003-4821
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US10-1473207
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1929
Lot
0.69 ac (30,056 SF)
Zoning code
R3-5
APN
077-0-111-040
UPID
US10-1473207
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
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
Mission Bell Hospitality INC · 18 yrs held
Mission Bell Hospitality INC
since 2007
5 recorded transactions
Zoning & alternative use
R3-5 · Ventura, 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 Ventura submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ventura 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
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
—
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
$15,329
Tax year 2023
Assessed value
$1,387,598
Assessed 2024
Previous assessed
$1,326,371
+4.6% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,079,594
Assessed improvement
$308,004
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1929
Heating
NONE
Lot
0.69 ac (30,056 SF)
Zoning code
R3-5
APN
077-0-111-040
UPID
US10-1473207
Jurisdiction
VENTURA
Zoning & alternative use
R3-5 · Ventura, CA
Zoning R3-5 · permitted uses
R3-5 · Ventura, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ventura. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Heating
NONE
Lot
0.69 ac
Current owner
From public records · entity-resolved
Mission Bell Hospitality INC
Entity
Mailing address
3075 E MAIN ST, VENTURA, CA 93003-4756
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2007
—
Mission Bell Hospitality INC
Mission Bell Ventura LLC
Grant Deed
$1,500,000 · County Commerce Bank
Jul 7, 2004
—
Mission Bell Ventura LLC
Patel,mayur & Kamini
Grant Deed
related
—
May 2, 2001
$990,000
Mayur Patel
Jennings Trust
Grant Deed
$790,000 · Jennings Trust
Apr 7, 1993
$906,175
Leo B Jennings
Mission Bell Mot
Trustees Deed
related
—
—
—
Mission Bell Ventura LLC
—
Deed Of Trust
related
$550,000 · Noeleen J Schaefer
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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