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Property profile & analytics
OFF-MARKET
Estimated value
$18,915,000
Motels
333 Madonna Rd San Luis Obispo, CA 93405-6506
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-2205883
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1985
Construction
TILT-UP CONCRETE
Total area
163,213 SF
Lot
1.94 ac (84,506 SF)
Zoning code
CR
APN
053-012-020
UPID
US09-2205883
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
-
Embassy Suites by Hilton San Luis Obispo Hotel & Motel
-
Avis Car Rental Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.67M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.92M
Owner & transaction history
Slo Propco LLC · 9 yrs held
Slo Propco LLC
since 2017
3 recorded transactions
Zoning & alternative use
CR · San Luis Obispo, 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 San Luis Obispo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis Obispo 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%
$24,560,000
6.5%
$22,670,000
7%
$21,050,000
Blend value · Realmo final
$18.92M
Range $17.02M – $20.81M · ±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
$116 / 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
$159,358
Tax year 2024
Assessed value
$14,258,254
Assessed 2024
Previous assessed
$14,258,254
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,333,848
Assessed improvement
$12,924,406
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
163,213 SF
Lot
1.94 ac (84,506 SF)
Zoning code
CR
APN
053-012-020
UPID
US09-2205883
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CR · San Luis Obispo, CA
Zoning CR · permitted uses
CR · San Luis Obispo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Luis Obispo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
1.94 ac
Current owner
From public records · entity-resolved
Slo Propco LLC
Entity
Mailing address
3250 PO BOX 847TH BLVD STE #350, CARLSBAD, CA 92018-0847
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2017
—
Slo Propco LLC
Nesbitt Ptrs San Luis Obispo V
Quit Claim Deed
$24,920,000 · Societe Generale
Sep 2, 2010
—
Ptrs San Luis Obispo Nesbitt
—
Deed Of Trust
related
$125,000,000 · Greenwich Cap Series 2003-c1
—
—
Nesbitt Partners San Luis Obis
—
Deed Of Trust
related
$127,499,900 · Spt Ca Fundings 2
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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