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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Hotels
4373 Central Pl Fairfield, CA 94534-1604
Individually Owned
20-yr Hold
Free & Clear
Property ID
US09-0251674
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1984
Total area
21,216 SF
Lot
1.42 ac (61,855 SF)
APN
0044-100-350
UPID
US09-0251674
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
-
Best Western Cordelia Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$960k
CAP Approach
CAP
$975k
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.12M
Owner & transaction history
Harish M Patel · 20 yrs held
Harish M Patel
since 2005
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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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
$960,000
CAP Approach
CAP Return
Estimation
6%
$1,060,000
6.5%
$975,000
7%
$905,000
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±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
$53 / 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
$60,991
Tax year 2023
Assessed value
$5,399,754
Assessed 2023
Previous assessed
$5,399,754
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,746,978
Assessed improvement
$3,652,776
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1984
Heating
NONE
Stories
3
Total area
21,216 SF
Lot
1.42 ac (61,855 SF)
APN
0044-100-350
UPID
US09-0251674
Jurisdiction
SOLANO
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
1984
Heating
NONE
Stories
3
Lot
1.42 ac
Current owner
From public records · entity-resolved
Harish M Patel
Individual
Free & Clear · 20 yrs held
Mailing address
3979 1ST ST, LIVERMORE, CA 94551-4909
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2005
—
Harish M Patel
Patel,tarlaben H
Quit Claim Deed
related
—
Nov 30, 2005
—
Prakash L Patel
Patel,anila P
Quit Claim Deed
related
$2,632,000 · Oceanic Bank
Nov 30, 2005
$4,050,000
Prakash L Patel
Mello Daniel M
Grant Deed
—
May 9, 2002
$505,000
Daniel M Mello Trustee
Daniel M Mello Trustee
Grant Deed
related
$560,000 · Peninsula Bank Of Commerce
Jun 11, 2001
—
Glynn,tr
Glynn,margaret
Quit Claim Deed
related
—
Nov 16, 1999
—
Daniel M Mello Trustee
Mello,daniel M
Quit Claim Deed
related
—
Jul 30, 1996
$160,000
Mello,daniel M
Peterson,john E
Trustees Deed
$1,750,000 · Peninsula Bank Of Commerce
Jul 30, 1996
—
Margaret Glynn
Thomas J Glynn Construction Co
Quit Claim Deed
related
—
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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