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Property profile & analytics
OFF-MARKET
Estimated value
$13,920,000
Hotels
40489 Hwy 41 Oakhurst, CA 93644-9621
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2979837
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1990
Total area
47,308 SF
Lot
2.51 ac (109,335 SF)
Zoning code
CRM
APN
065-070-015-000
UPID
US10-2979837
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
$8.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.04M
Blend (final)
Blend
$13.92M
Owner & transaction history
Hjp Holdings 1 LLC · 1 yrs held
Hjp Holdings 1 LLC
since 2025
Last sale
$17.0M
7 recorded transactions
Zoning & alternative use
CRM · Oakhurst, 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 Oakhurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakhurst 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
$15,595,000
ML approach
$8,975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$8,815,000
Current use
Blend value · Realmo final
$13.92M
Range $12.53M – $15.31M · ±10% · vs last sale $17.00M (Oct 27 2022)
Last sale anchor
$17.00M
Oct 27 2022
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
$294 / 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
$97,496
Tax year 2024
Assessed value
$7,587,373
Assessed 2024
Previous assessed
$7,587,373
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,639,895
Assessed improvement
$5,947,478
Applied tax rate
56.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1990
Heating
NONE
Stories
2
Total area
47,308 SF
Lot
2.51 ac (109,335 SF)
Zoning code
CRM
APN
065-070-015-000
UPID
US10-2979837
Jurisdiction
MADERA
Zoning & alternative use
CRM · Oakhurst, CA
Zoning CRM · permitted uses
CRM · Oakhurst, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oakhurst. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$8.8M
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Stories
2
Lot
2.51 ac
Current owner
From public records · entity-resolved
Hjp Holdings 1 LLC
Entity
Mailing address
5776 STONERIDGE MALL RD STE #155, PLEASANTON, CA 94588-4513
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2025
—
Amrut Trust
—
Deed
related
$1,500,000 · 1501 Investments LLC
May 5, 2025
—
Hjp Holdings 1 LLC
—
Deed
related
$9,460,000 · State Bank Of India (california)
Mar 10, 2025
$17,000,000
Hjp Holdings 1 LLC
Kampala 740 LLC
Grant Deed
$17,000,000 · Kampala 740 LLC
Oct 27, 2022
$17,000,000
Kampala 740 LLC
Hitesh Patel
Grant Deed
$4,000,000 · Amrut Trust
Oct 7, 2022
—
Hitesh J Patel
—
Deed
related
$6,500,000 · Zero Capital LLC
Sep 12, 2022
—
Hitesh Patel
—
Deed
related
$1,500,000 · 1501 Investments LLC
May 19, 2022
—
Hitesh Patel
—
Deed
related
$615,503 · Nebraska Bank
Jul 6, 2020
—
Hitesh Patel
—
Deed
related
$2,000,000 · State Bank Of India California
Oct 17, 2019
—
Amrut Trust
—
Deed
related
$3,074,000 · State Bk/india
Jan 12, 2018
—
Hitesh Patel
Hitesh Patel
Intrafamily Transfer
related
$4,000,000 · Statebankofindia(california)
Oct 27, 2005
—
Amrut Trust
Patel,hitesh J & Daxa H
Grant Deed
related
—
Oct 6, 2005
—
Hitesh J Patel
Patel,hitesh J
Quit Claim Deed
related
—
Aug 15, 2005
—
Hitesh Patel
Patel,daxa H
Quit Claim Deed
related
—
May 12, 2005
—
Hitesh Patel
Hitesh J Patel
Intrafamily Transfer
related
$1,000,000 · 1031 Real Estate Services INC
May 6, 2005
$5,500,000
Hitesh J Patel
Ci Oakhurst LLC
Grant Deed
—
May 6, 2005
—
Hitesh J Patel
Daxa Patel
Intrafamily Transfer
related
—
Apr 9, 2004
—
Cloakhurst LLC
—
Deed Of Trust
related
$3,000,000 · Wells Fargo Bank
Nov 23, 1999
—
Ci Oakhurst LLC
Yosemite Motels
Grant Deed
related
—
Dec 19, 1996
—
Fischer Trust
Fischer,gerald D & Karane L
Quit Claim Deed
related
$25,000,000 · Wells Fargo Bank
Sep 1, 1994
—
Gerald D Fischer
Fischer,gerald D
Quit Claim Deed
related
—
Aug 31, 1994
—
Gerald D Fischer
Fischer,stephen
Quit Claim Deed
related
—
Mar 31, 1994
—
Gerald D Fischer
Fischer,gerald D
Quit Claim Deed
related
—
—
—
Amrut Trust
—
Deed Of Trust
related
$3,074,000 · State Bk/india
—
—
Gerald D Fischer
—
Deed Of Trust
related
$1,200,000 · Marty Sglav Real Estate
—
—
Hitesh Patel
—
Deed Of Trust
related
$1,697,000 · Greater Sacramento Certified
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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