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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Hotels
45080 Main St Mendocino, CA 95460
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-2601519
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Construction
WOOD
Total area
14,988 SF
Lot
0.22 ac (9,399 SF)
Zoning code
C
APN
119-238-18-00
UPID
US09-2601519
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
-
Mendocino Hotel and Garden Suites Hotel & Motel
-
Mendocino Hotel Restaurant, Main Street, Mendocino, Kalifornien, USA Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
$1.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.32M
Owner & transaction history
Mendocino Hotels LLC · 8 yrs held
Mendocino Hotels LLC
since 2018
7 recorded transactions
Zoning & alternative use
C · Mendocino, 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 Mendocino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mendocino 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
$1,160,000
CAP Approach
CAP Return
Estimation
6%
$1,600,000
6.5%
$1,480,000
7%
$1,375,000
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±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
$88 / 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
$38,197
Tax year 2023
Assessed value
$3,199,543
Assessed 2023
Previous assessed
$3,199,543
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$795,600
Assessed improvement
$2,403,943
Applied tax rate
104.0000
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
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Total area
14,988 SF
Lot
0.22 ac (9,399 SF)
Zoning code
C
APN
119-238-18-00
UPID
US09-2601519
Jurisdiction
MENDOCINO
Zoning & alternative use
C · Mendocino, CA
Zoning C · permitted uses
C · Mendocino, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mendocino. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
0.22 ac
Current owner
From public records · entity-resolved
Mendocino Hotels LLC
Entity
Mailing address
420424 W 14TH ST, NEW YORK, NY 10014
Ownership since
2018
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
Jun 14, 2018
$11,000,000
Mendocino Hotels LLC
Kabir Bluestar LLC
Grant Deed
—
Jun 4, 2015
$4,900,000
Kabir Bluestar LLC
Mufg Union Bank NA
Grant Deed
$1,050,000 · Ennerdale Corporation Defined Benefit Pl
Dec 18, 2014
$5,347,000
Union Bk NA Mufg
Chicago Title Co|mendocino Hotel LLC
Trustees Deed
related
—
Aug 17, 2011
—
Mendocino Hotel INC
—
Deed Of Trust
related
$9,000,000 · Frontier Bank
Apr 20, 2011
—
Mendocino Hotel INC
Mendocino Hotel LLC
Quit Claim Deed
—
Mar 6, 2007
—
Kravis Thomas C Tr
Mendocino Hotel & Resort Corp
Grant Deed
—
Aug 20, 2001
—
Mendocino Hotel & Resort Trust
Mendocino Hotel Associates
Quit Claim Deed
related
$5,000,000 · First Republic Bank
—
—
Mendocino Hotel INC
—
Loan Modification
related
$5,500,000 · Tamalpais Bank
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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