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Property profile & analytics
OFF-MARKET
Estimated value
$7,800,000
Motels
500 Larch Rd Tracy, CA 95304
Entity Owned
~
Est. High Equity
Property ID
US09-1938876
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1978
Total area
29,488 SF
Lot
3 ac (130,680 SF)
Zoning code
98
APN
212-250-040-000
UPID
US09-1938876
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
$7.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.45M
Blend (final)
Blend
$7.80M
Owner & transaction history
Valley Meridian Collection LLC
Valley Meridian Collection LLC
since 2026
Last sale
$7.8M
7 recorded transactions
Zoning & alternative use
98 · Tracy, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.2M
+82.2%
Office building
$7.4M
+65.3%
Industrial (general)
$6.9M
+52.3%
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 Tracy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tracy 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
$7,845,000
ML approach
$7,665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$8,205,000
Change: +82% · Conversion: Difficult
OFFICE BUILDING
$7,440,000
Change: +65% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,855,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$6,440,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$7.80M
Range $7.02M – $8.58M · ±10% · vs last sale $7.84M (Feb 2 2026)
Last sale anchor
$7.84M
Feb 2 2026
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
$265 / 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
$83,444
Tax year 2024
Assessed value
$7,722,447
Assessed 2024
Previous assessed
$7,722,447
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$2,637,101
Assessed improvement
$5,085,346
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1978
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
2
Units
111
Total area
29,488 SF
Lot
3 ac (130,680 SF)
Zoning code
98
APN
212-250-040-000
UPID
US09-1938876
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
98 · Tracy, CA
Zoning 98 · permitted uses
98 · Tracy, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tracy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$8.2M
OFFICE BUILDING
Est. value
$7.4M
INDUSTRIAL (GENERAL)
Est. value
$6.9M
MEDICAL BUILDING
Est. value
$6.4M
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
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
1978
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Units
111
Lot
3 ac
Current owner
From public records · entity-resolved
Valley Meridian Collection LLC
Entity
Mailing address
PO BOX 2145, FRISCO, TX 75034-0038
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2026
—
Valley Meridian Collection LLC
—
Deed
related
$1,700,000 · Farmers & Merchants Bank Of Central Ca
Feb 2, 2026
$7,840,000
Valley Meridian Collection LLC
Farmers And Merchants Investment Co
Grant Deed
$7,288,000 · Farmers & Merchants Bank Of Central
Jan 5, 2026
$5,500,000
Farmers & Merchants Investment Corp
D Trac Hotel LLC
Trust Deed
related
—
Apr 30, 2024
—
D Trac Hotel LLC
—
Deed
related
$92,710,000 · Greenlake Real Estate Finance LLC
Nov 16, 2023
—
D Trac Hotel LLC
—
Deed
related
$2,000,000 · Underground Lending LLC
Mar 14, 2022
—
D Trac Hotel LLC
—
Deed
related
$1,000,000 · Farmers & Mechanics Bank
Sep 24, 2021
—
D Trac Hotel LLC
—
Deed
related
$7,680,000 · Farmers & Merchants Bank Of Central Ca
Oct 27, 2020
$7,250,000
D Trac Hotel LLC
G6 Hospitality Property LLC
Grant Deed
$27,840,000 · Private Individual
Nov 2, 2017
—
G6 Hospitality Property LLC
—
Deed
related
$201,000,000 · Jp Morgan Chase Bk
Sep 7, 2012
$213,000
G6 Hospitality Property LLC
Accotel Remainder LLC
Grant Deed
—
Sep 7, 2012
$4,046,000
G6 Hospitality Property LLC
Accotel Property Investors LLC
Grant Deed
—
Aug 27, 1999
$45,000
Accotel Property Investors LLC
Motel 6 Operating Lpp
Trustees Deed
$73,720,000 · Bershire Hathaway Credit Corp
Aug 27, 1999
$4,145,500
Accotel Property Investors LLC
Motel 6 Opesrating LP
Trustees Deed
—
Aug 15, 1990
—
Motel 6 No 278 Operating Ptp
—
Deed Of Trust
related
—
—
—
G6 Hospitality Property LLC
—
Deed Of Trust
related
$1,800,000,000 · Jp Morgan Chase Bk
—
—
G6 Hospitality Property LLC
—
Loan Modification
related
$201,000,000 · Jp Morgan Chase Bk
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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