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Property profile & analytics
OFF-MARKET
Estimated value
$2,430,000
Motels
535 China Lk Blvd Ridgecrest, CA 93555-5005
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-2464092
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1978
Construction
WOOD
Total area
21,104 SF
Lot
1.13 ac (49,222 SF)
Zoning code
CH
APN
480-010-04-00-5
UPID
US09-2464092
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
-
Motel 6 Ridgecrest Hotel & Motel
-
Douglas chance Grocery & Convenience Store Food Market
-
Travel Suites Hotel Hotel & Motel
-
Travelodge by Wyndham Ridgecrest Hotel & Motel
-
Clarion Pointe Ridgecrest near China Lake Naval Station Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.29M
CAP Approach
CAP
$1.97M
Comparable Approach
Comparable
$2.69M
Blend (final)
Blend
$2.43M
Owner & transaction history
Roses Hospitality LLC · 2 yrs held
Roses Hospitality LLC
since 2023
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
CH · Ridgecrest, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.1M
+7.9%
Auto repair, garage
$2.9M
+0.4%
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 Ridgecrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgecrest 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
$2,340,000
ML approach
$2,285,000
CAP Approach
CAP Return
Estimation
6%
$2,130,000
6.5%
$1,965,000
7%
$1,825,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,915,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,145,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,930,000
Change: +0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,680,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$2.43M
Range $2.19M – $2.67M · ±10% · vs last sale $2.65M (Nov 28 2023)
Last sale anchor
$2.65M
Nov 28 2023
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
$115 / 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
$24,262
Tax year 2023
Assessed value
$2,198,226
Assessed 2023
Previous assessed
$2,198,226
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,049,899
Assessed improvement
$1,148,327
Applied tax rate
10.0000
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
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Units
76
Total area
21,104 SF
Lot
1.13 ac (49,222 SF)
Zoning code
CH
APN
480-010-04-00-5
UPID
US09-2464092
Jurisdiction
KERN
Zoning & alternative use
CH · Ridgecrest, CA
Zoning CH · permitted uses
CH · Ridgecrest, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgecrest. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.9M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
HOTEL/MOTEL Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
76
Lot
1.13 ac
Current owner
From public records · entity-resolved
Roses Hospitality LLC
Entity
Mailing address
142 PIXED, IRVINE, CA 90710
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2023
—
Roses Hospitality LLC
—
Deed
related
$230,000 · Clover Real Estate Investments INC
Dec 1, 2023
—
Roses Hospitality LLC
—
Deed
related
$770,000 · Ktma INC
Nov 28, 2023
$2,650,000
Roses Hospitality LLC
Ktma INC
Grant Deed
$1,850,000 · Mid Valley Services INC
Mar 21, 2018
—
Ktma INC
—
Deed
related
$425,000 · Abanob B Nakoula
Jan 22, 2018
—
Ktma INC
—
Deed
related
$430,000 · Nakoula Matthew G
Dec 11, 2017
—
Ktma INC
—
Deed
related
$420,000 · Olivia F Ibrahim
Jul 28, 2017
$2,300,000
K T M A INC
Ridgecrest Hotel LLC
Grant Deed
$1,130,000 · Pacific City Bank
Sep 14, 2015
$1,500,000
Ridgecrest Hotel LLC
G6 Hospitality Property LLC
Grant Deed
$975,000 · Wilshire Bank
Nov 1, 2012
—
G6 Hospitality Property LLC
Motel 6 Operating L P
Warranty Deed
—
—
—
Ktma INC
—
Deed Of Trust
related
$425,000 · Abanob B Nakoula
—
—
Ktma INC
—
Deed Of Trust
related
$430,000 · Nakoula Matthew G
—
—
Ktma INC
—
Deed Of Trust
related
$420,000 · Olivia F Ibrahim
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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