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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Hotels
509 Minna St San Francisco, CA 94103-2810
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6149645
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1907
Construction
WOOD
Total area
20,545 SF
Lot
0.13 ac (5,750 SF)
Zoning code
RSD
APN
3726 -006
UPID
US09-6149645
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
-
Minna Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$795k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$951k
Blend (final)
Blend
$1.26M
Owner & transaction history
Hansa R Patel · 8 yrs held
Hansa R Patel
since 2017
7 recorded transactions
Zoning & alternative use
RSD · San Francisco, 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 San Francisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Francisco 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
$795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±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
$61 / 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
$97,083
Tax year 2024
Assessed value
$7,804,057
Assessed 2024
Previous assessed
$7,804,057
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$4,632,071
Assessed improvement
$3,171,986
Applied tax rate
1.0000
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
Status
Off-Market
Year built
1907
Construction
WOOD
Heating
NONE
Stories
4
Units
4
Rooms
81
Bathrooms
17
Total area
20,545 SF
Lot
0.13 ac (5,750 SF)
Zoning code
RSD
APN
3726 -006
UPID
US09-6149645
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
RSD · San Francisco, CA
Zoning RSD · permitted uses
RSD · San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Francisco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1907
Construction
WOOD
Heating
NONE
Stories
4
Units
4
Rooms
81
Bathrooms
17
Lot
0.13 ac
Current owner
From public records · entity-resolved
Hansa R Patel
Individual
Mailing address
402 8TH AVE STE #207, SAN FRANCISCO, CA 94118-3057
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2022
—
509 Minna Street LLC
—
Deed
related
$9,907,500 · Clearinghouse Dcfi
Jun 19, 2020
—
509 Minna Street LLC
—
Deed
related
$725,000 · Mission Nat'l Bk
Sep 29, 2017
—
Hansa R Patel
Patel,vinay
Quit Claim Deed
related
$7,250,000 · Mission Nat'l Bk
Jan 11, 2016
—
509 Minna Street LLC
Patel D & K 2011 Trust
Quit Claim Deed
related
—
Jan 11, 2016
$850,000
Hansa Patel
Patel,dipakbhai
Grant Deed
related
—
Aug 11, 2014
$2,480,000
Satish K Patel
Patel,dipakbhai
Grant Deed
related
$400,000 · Dipakbhai Patel
Jul 14, 2014
—
Dipakbhai Patel
Patel,kalpana
Quit Claim Deed
related
—
Jul 14, 2014
$6,200,000
Patel,dipakbhai
Veimoen Magne L 2002 Trust
Grant Deed
$4,450,000 · Santa Cruz Cnty Bk
Jun 30, 2006
—
Veimoen Magne L 2002 Trust
Veimoen,magne L
Quit Claim Deed
related
—
Sep 26, 2000
—
Magne L Veimoen
Veimoen,darlene A
Quit Claim Deed
related
$900,000 · Wells Fargo Bank
Feb 5, 1991
$238,500
Magne Veimoen
Heggstad Trust
Grant Deed
$650,000 · Redwood Bank
Oct 24, 1990
$157,500
Magne Veimoen
Humber,v.
Quit Claim Deed
related
—
—
—
Magne L Veimoen
—
Deed Of Trust
related
$130,000 · Redevelopment Agency San Franc
—
—
Magne L Veimoen
—
Deed Of Trust
related
—
—
—
Magne L Velmoen
—
Deed Of Trust
related
$900,000 · First Bank & Trust Co
—
—
509 Minna Street LLC
—
Deed Of Trust
related
$7,250,000 · Mission Nat'l Bk
—
—
509 Minna Street LLC
—
Loan Modification
related
$725,000 · Mission Nat'l Bk
—
—
Magne Veimoen
—
Deed Of Trust
related
$78,000 · Individual
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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