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Property profile & analytics
OFF-MARKET
Estimated value
$1,730,000
Motels
405 Cecil Ave Delano, CA 93215-1925
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-0107200
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1962
Construction
WOOD
Total area
24,150 SF
Lot
1.8 ac (78,408 SF)
Zoning code
C-2
APN
411-360-04-00-3
UPID
US09-0107200
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
-
Motel 6 Delano, CA Hotel & Motel
-
Ahir Patel General Partnership Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.25M
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.73M
Owner & transaction history
Varni Hospitality LLC · 5 yrs held
Varni Hospitality LLC
since 2020
7 recorded transactions
Zoning & alternative use
C-2 · Delano, 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 Delano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delano 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%
$2,440,000
6.5%
$2,250,000
7%
$2,090,000
Blend value · Realmo final
$1.73M
Range $1.56M – $1.90M · ±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
$72 / 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
$24,412
Tax year 2023
Assessed value
$2,203,165
Assessed 2023
Previous assessed
$2,203,165
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$245,534
Assessed improvement
$1,957,631
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
YES
Cooling
WINDOW A/C
Stories
2
Units
62
Total area
24,150 SF
Lot
1.8 ac (78,408 SF)
Zoning code
C-2
APN
411-360-04-00-3
UPID
US09-0107200
Jurisdiction
KERN
Zoning & alternative use
C-2 · Delano, CA
Zoning C-2 · permitted uses
C-2 · Delano, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delano. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
62
Lot
1.8 ac
Current owner
From public records · entity-resolved
Varni Hospitality LLC
Entity
Mailing address
405 CECIL AVE, DELANO, CA 93215-1925
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2020
—
Varni Hospitality LLC
Delano Hospitality INC
Grant Deed
$2,713,800 · Us Metro Bank
Aug 29, 2019
—
Delano Hospitality INC
—
Deed
related
$1,752,000 · Open Bk
Aug 29, 2014
$1,050,000
Delano Hospitality INC
Rain Patel LLC
Grant Deed
$600,000 · Rajanikant & Alkakumari Patel
Feb 21, 2014
—
Rain Patel LLC
Ahir-patel
Grant Deed
—
Nov 23, 2004
$1,950,000
Ahir-patel
Ashray Corp
Grant Deed
$1,425,000 · Beach Business Bank
Aug 10, 2001
$311,500
Ashray Corp
National Hospitality INC
Grant Deed
$181,028 · National Hospitality INC
Oct 4, 2000
$911,000
National Hospitality INC
Patel,rameshbhai M & Urvashiben
Grant Deed
$761,000 · Seller
Dec 30, 1999
$800,000
Rameshbhai M Patel
Patel,arvindbhai R & Gitaben A
Grant Deed
related
—
Jun 11, 1992
$433,000
Arvindbhai R Patel
Patel,morarghai
Grant Deed
related
$232,877 · Seller
—
—
Delano Hospitality INC
—
Deed Of Trust
related
$1,752,000 · Open Bk
—
—
Ahir-patel
—
Deed Of Trust
related
$1,900,000 · Nara Bank
—
—
Delano Hospitality INC
—
Deed Of Trust
related
$1,205,500 · Commercial Bk/ca
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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