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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Hotels
465 State St El Centro, CA 92243-3021
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-6735508
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Lot
0.23 ac (10,231 SF)
APN
053-193-003-000
UPID
US09-6735508
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
-
Roberta Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$920k
Owner & transaction history
Kaushikbhai Patel · 6 yrs held
Kaushikbhai Patel
since 2020
Last sale
$720,000
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 El Centro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Centro 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
$1,185,000
ML approach
$1,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $720k (Mar 2 2020)
Last sale anchor
$720k
Mar 2 2020
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
—
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
$4,176
Tax year 2024
Assessed value
$370,184
Assessed 2024
Previous assessed
$370,184
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$67,547
Assessed improvement
$302,637
Applied tax rate
4.0000
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
Heating
NONE
Lot
0.23 ac (10,231 SF)
APN
053-193-003-000
UPID
US09-6735508
Jurisdiction
IMPERIAL
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
Heating
NONE
Lot
0.23 ac
Current owner
From public records · entity-resolved
Kaushikbhai Patel
Individual
Mailing address
356 S 4TH AVE, YUMA, AZ 85364-2234
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
—
Kaushikbhai Patel
—
Deed
related
$50,000 · Community Valley Bank
Mar 2, 2020
$335,000
Kaushikbhai Patel
Sohan S Patel
Grant Deed
related
—
Dec 31, 2003
—
Sohan S Patel
Patel,sukhdev L & Parvaatiben S
Quit Claim Deed
related
—
Aug 30, 2002
—
Sukhdev L Patel
Frank Schaefer Construstion Ic
Grant Deed
related
—
Nov 15, 2000
$720,000
Armando R Quinonez
Patel,sohan S & Deepa S
Grant Deed
$550,000 · Frank Schaefer Construction
May 24, 2000
$350,000
Armando R Quinonez
Patel,sukhdevbhail L
Grant Deed
$300,000 · Individual
Feb 16, 1995
—
Sukhdev L Patel
Patel,ballubhai N & Bhanuben B
Quit Claim Deed
related
—
Mar 27, 1984
$87,000
Sukhdev L Patel
—
Grant Deed
related
—
—
—
Sohan S Patel
—
Deed Of Trust
related
$2,700,000 · Zions First National Bank
—
—
Sohan S Patel
—
Deed Of Trust
related
$400,000 · Jashbhai C & Premila J Amin
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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