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Property profile & analytics
OFF-MARKET
Estimated value
$6,185,000
Motels
6090 Blackstone Ave Fresno, CA 93710-5008
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-5416051
Property summary
AI-generated overview
This exceptional 58-key Days Inn by Wyndham, located in Fresno, California, presents a lucrative investment opportunity. The property boasts 19,000 square feet across two stories, featuring exterior corridors and recently completed (2023) extensive renovations encompassing guest rooms, bathrooms, and public areas. Situated on a 0.66-acre lot (APN 409-191-25) zoned C6, this hotel enjoys a prime location near Highway 41, offering convenient access to Fresno Yosemite International Airport (FAT), California State University - Fresno, and major medical centers. The 1963-built hotel generated a 2023 Gross Room Revenue of $1,521,252, including group contracts, and a Net Operating Income (NOI) of $640,870. Its proximity to Yosemite and Sequoia National Parks further enhances its appeal. The asking price is $7,495,000, translating to $394.47 per square foot and $129,224.14 per key. This turnkey operation is ideal for owner-users seeking a high-return hospitality investment in a thriving California market.
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1963
Construction
WOOD
Total area
19,716 SF
Lot
0.93 ac (40,510 SF)
Zoning code
C6
APN
409-191-25
UPID
US09-5416051
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
-
Days Inn by Wyndham Yosemite Area Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.90M
Blend (final)
Blend
$6.19M
Owner & transaction history
As Star2 Properties LLC · 5 yrs held
As Star2 Properties LLC
since 2021
Last sale
$6.2M
4 recorded transactions
Zoning & alternative use
C6 · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.9M
+80.9%
Restaurant
$4.6M
+22.5%
Medical building
$4.6M
+21.4%
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 Fresno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fresno 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
$5,990,000
ML approach
$6,345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,785,000
Current use
COMMERCIAL (GENERAL)
$6,850,000
Change: +81% · Conversion: Difficult
RESTAURANT
$4,635,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$4,595,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$6.19M
Range $5.57M – $6.80M · ±10% · vs last sale $6.20M (Jul 29 2021)
Last sale anchor
$6.20M
Jul 29 2021
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
$314 / 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
$50,324
Tax year 2023
Assessed value
$3,907,500
Assessed 2023
Previous assessed
$3,907,500
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$663,000
Assessed improvement
$3,244,500
Applied tax rate
5.0000
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
1963
Construction
WOOD
Heating
NONE
Stories
2
Total area
19,716 SF
Lot
0.93 ac (40,510 SF)
Zoning code
C6
APN
409-191-25
UPID
US09-5416051
Jurisdiction
FRESNO
Zoning & alternative use
C6 · Fresno, CAZoning C6 · permitted uses
C6 · Fresno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$6.9M
RESTAURANT
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$4.6M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RESTAURANT
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
1963
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.93 ac
Current owner
From public records · entity-resolved
As Star2 Properties LLC
Entity
Mailing address
9701 SARA ANN CT, DUBLIN, CA 94568-4241
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2021
$6,200,000
As Star2 Properties LLC
Cy3 LLC
Grant Deed
$4,495,000 · Celtic Bank Corporation
Jan 29, 2016
$1,535,000
Cy3 LLC
Ashwinkumar M Patel
Grant Deed
$2,631,800 · Celtic Bank Corporation
Jan 29, 2016
—
Ashwinkumar M Patel
Patel,kalavatiben A
Affidavit Of Death
related
—
—
—
Cy3 LLC
—
Deed Of Trust
related
$3,100,000 · State Bk/india
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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