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Property profile & analytics
OFF-MARKET
Hotels
515 9th St Modesto, CA 95351-4006
Individually Owned
25-yr Hold
~
Est. High Equity
Property ID
US09-0483375
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1938
Construction
WOOD
Total area
12,413 SF
Lot
1.44 ac (62,726 SF)
Zoning code
C-2
APN
038-012-007-000
UPID
US09-0483375
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
-
Arrow Inn Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jayantilal Patel · 25 yrs held
Jayantilal Patel
since 2000
7 recorded transactions
Zoning & alternative use
C-2 · Modesto, 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 Modesto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Modesto 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$4,579
Tax year 2024
Assessed value
$354,925
Assessed 2024
Previous assessed
$354,925
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$184,654
Assessed improvement
$170,271
Applied tax rate
80.0000
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
1938
Construction
WOOD
Heating
NONE
Stories
1
Units
42
Total area
12,413 SF
Lot
1.44 ac (62,726 SF)
Zoning code
C-2
APN
038-012-007-000
UPID
US09-0483375
Jurisdiction
STANISLAUS
Zoning & alternative use
C-2 · Modesto, CA
Zoning C-2 · permitted uses
C-2 · Modesto, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Modesto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1938
Construction
WOOD
Heating
NONE
Stories
1
Units
42
Lot
1.44 ac
Current owner
From public records · entity-resolved
Jayantilal Patel
Individual
Mailing address
515 S 9TH ST, MODESTO, CA 95351-4006
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2000
$225,000
Jayantilal Patel
Susan S Loo Estate
Grant Deed
$225,000 · Ll&l Property Investments LLC
Apr 27, 1998
$391,310
Joe Loo Estate
Patel,rajendra G & Nayna R
Trustees Deed
—
Nov 1, 1989
$550,000
Rajendra G Patel
Loo,joe T
Grant Deed
$475,000
—
—
Jayantilal D Patel
—
Deed Of Trust
related
$1,484,000 · Alliance Bank
—
—
Jayantilal Patel
—
Deed Of Trust
related
$350,000 · Arvind Ved
—
—
Rajendra G Patel
—
Deed Of Trust
related
$475,000 · Loo Joe T & Susa
—
—
Jayantilal Patel
—
Deed Of Trust
related
$450,000 · Mission National 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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