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Property profile & analytics
OFF-MARKET
Estimated value
$2,530,000
Motels
611 El Camino Real Arroyo Grande, CA 93420-2649
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US10-3023660
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1974
Construction
WOOD
Total area
17,980 SF
Lot
1.09 ac (47,480 SF)
Zoning code
HC
APN
006-171-003
UPID
US10-3023660
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.50M
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$2.53M
Owner & transaction history
Seaview Inn LLC · 22 yrs held
Seaview Inn LLC
since 2003
7 recorded transactions
Zoning & alternative use
HC · Arroyo Grande, 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 Arroyo Grande submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arroyo Grande 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%
$2,705,000
6.5%
$2,500,000
7%
$2,320,000
Blend value · Realmo final
$2.53M
Range $2.28M – $2.78M · ±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
$141 / 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
$37,825
Tax year 2024
Assessed value
$3,584,781
Assessed 2024
Previous assessed
$3,584,781
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,324,213
Assessed improvement
$2,260,568
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
NONE
Rooms
46
Bathrooms
43
Total area
17,980 SF
Lot
1.09 ac (47,480 SF)
Zoning code
HC
APN
006-171-003
UPID
US10-3023660
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
HC · Arroyo Grande, CA
Zoning HC · permitted uses
HC · Arroyo Grande, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arroyo Grande. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
WOOD
Heating
NONE
Rooms
46
Bathrooms
43
Lot
1.09 ac
Current owner
From public records · entity-resolved
Seaview Inn LLC
Entity
Mailing address
611 EL CAMINO REAL, ARROYO GRANDE, CA 93420-2649
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
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
Jan 4, 2022
—
Seaview Inn LLC
—
Deed
related
$1,844,100 · United States Small Business Admin
Dec 15, 2017
—
Seaview Inn LLC
—
Deed
related
$1,850,000 · Bank Of The Sierra
Jul 25, 2003
$2,600,000
Seaview Inn LLC
Frenchay Investments
Grant Deed
$1,950,000 · Los Padres Bank
Aug 23, 2001
$2,280,000
Frenchay Investments LLC
Patel,naresh I & Sudha D
Grant Deed
$1,765,000 · Coast National Bank
Nov 18, 1994
—
Naresh I Patel
Patel,naresh I & Sudha
Quit Claim Deed
related
$931,000 · Truckee River Bank
Jul 14, 1992
$312,000
Naresh I Patel
Bauer,ulysses E
Grant Deed
related
$90,000 · Seller
Mar 15, 1989
$950,000
U Bauer
Arroyo,devel
Grant Deed
$246,000 · Bcf Partnership
—
—
Naresh I Patel
—
Deed Of Trust
related
$75,000 · Bank Of Santa Maria
—
—
Naresh I Patel
—
Deed Of Trust
related
$1,040,000 · Bank Of Santa Maria
—
—
Seview Inn LLC
—
Deed Of Trust
related
$1,950,000 · Pacific Enterprise Bank
—
—
Naresh I Patel
—
Deed Of Trust
related
$300,000 · Mid State Bank
—
—
Seaview Inn LLC
—
Deed Of Trust
related
$1,850,000 · Bank Of The Sierra
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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