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Property profile & analytics
OFF-MARKET
Estimated value
$12,120,000
Motels
5215 Willetta St 1 Phoenix, AZ 85043-1751
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-0126067
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1997
Construction
CONCRETE
Total area
59,393 SF
Lot
2.86 ac (124,531 SF)
Zoning code
C-C
APN
103-30-313
UPID
US07-0126067
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
-
Red Roof PLUS+ Phoenix West Hotel & Motel
-
Redroofs Vacation Rental Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.26M
Blend (final)
Blend
$12.12M
Owner & transaction history
Classic Motor Inn INC · 1 yrs held
Classic Motor Inn INC
since 2025
Last sale
$9.3M
7 recorded transactions
Zoning & alternative use
C-C · Phoenix, AZ
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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.12M
Range $10.91M – $13.33M · ±10% · vs last sale $9.31M (Nov 19 2024)
Last sale anchor
$9.31M
Nov 19 2024
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
$204 / 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
$133,938
Tax year 2023
Assessed value
$1,179,545
Assessed 2024
Previous assessed
$1,030,149
+14.5% YoY
Effective rate
11.36%
On assessed value
Land market value
$1,418,100
Improvement market value
$5,730,658
Total market value
$7,148,758
Applied tax rate
831,300.0000
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
1997
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
4
Total area
59,393 SF
Lot
2.86 ac (124,531 SF)
Zoning code
C-C
APN
103-30-313
UPID
US07-0126067
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Phoenix, AZ
Zoning C-C · permitted uses
C-C · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
4
Lot
2.86 ac
Current owner
From public records · entity-resolved
Classic Motor Inn INC
Entity
Mailing address
1825 GILLESPIE WAY STE #101, EL CAJON, CA 92020-0501
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2025
$9,310,000
Classic Motor Inn INC
Bw Rri 111 LLC
Special Warranty Deed
$6,982,000 · Capital Fund I LLC
Mar 2, 2022
—
Bw Rri III LLC
—
Deed
related
$241,250,000 · Natixis Real Estate Capital LLC
Feb 5, 2018
—
Bw Rri III LLC
—
Deed
related
—
Jun 2, 2015
$5,144,612
Bw Rri III LLC III
Fmw Rri II LLC
Grant Deed
—
Sep 14, 2011
—
Fmw Rri II LLC
R-roof Vi LLC
Grant Deed
$275,000,000 · Fortress Credit Corp
Sep 26, 2007
—
R Roof Vi LLC
Rooftop Remainder LLC
Special Warranty Deed
—
Sep 26, 2007
$5,039,870
R-roof Vi LLC
Redtop Property LLC
Grant Deed
—
Dec 30, 1999
$5,001,240
Redtop Property LLC
Red Roof Inns INC
Trustees Deed
—
Dec 30, 1999
$26,300
Rooftop Remainder LLC
Red Roof Inns INC
Trustees Deed
related
$164,131,079 · Berkshire Hathaway Credit Corp
May 15, 1997
$871,156
Red Roof Inns INC
First Title T8201
Grant Deed
—
—
—
Fmw Rri II LLC
—
Loan Modification
related
$285,000,000 · Fortress Credit Corp
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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