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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Hotels
623 Main St Visalia, CA 93291-6147
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-5993142
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1958
Construction
TILT-UP CONCRETE
Total area
13,789 SF
Lot
0.4 ac (17,424 SF)
Zoning code
CDT
APN
093-196-001-000
UPID
US09-5993142
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
-
Americas Best Value Inn Visalia Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$870k
Owner & transaction history
Anupa INC · 12 yrs held
Anupa INC
since 2013
7 recorded transactions
Zoning & alternative use
CDT · Visalia, 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 Visalia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Visalia 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
$630,000
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$555,000
Blend value · Realmo final
$870k
Range $783k – $957k · ±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
$63 / 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
$18,538
Tax year 2024
Assessed value
$1,631,656
Assessed 2024
Previous assessed
$1,631,656
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$312,472
Assessed improvement
$1,319,184
Applied tax rate
6.0000
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
1958
Construction
TILT-UP CONCRETE
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Buildings
2
Stories
2
Units
39
Bathrooms
40
Total area
13,789 SF
Lot
0.4 ac (17,424 SF)
Zoning code
CDT
APN
093-196-001-000
UPID
US09-5993142
Jurisdiction
TULARE
Zoning & alternative use
CDT · Visalia, CA
Zoning CDT · permitted uses
CDT · Visalia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Visalia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Construction
TILT-UP CONCRETE
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Buildings
2
Units
39
Bathrooms
40
Lot
0.4 ac
Current owner
From public records · entity-resolved
Anupa INC
Entity
Mailing address
623 W MAIN ST, VISALIA, CA 93291-6147
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2022
—
Anupa INC
—
Deed
related
$703,400 · United States Small Business Admin
Nov 15, 2019
—
Anupa INC
—
Deed
related
$1,200,000 · Fidelity Bancorp
Nov 30, 2017
—
Anupa INC
—
Deed
related
$125,000 · Hemma Patel
Oct 18, 2013
$1,350,000
Anupa INC
Mapa Hotels INC
Grant Deed
$837,000 · Valley Business Bank
Jul 23, 2010
$1,000,000
Mapa Hotels INC
Hanmi Bank
Grant Deed
$750,000 · Premier Commercial Bank
May 6, 2010
$870,000
Hanmi Bk
Asset Foreclosure Svcs INC
Trustees Deed
related
—
Feb 19, 2010
—
Bhagat Veena Trust
Bhagat,veena
Quit Claim Deed
related
—
Nov 8, 2004
$2,590,000
Veena Bhagat
Visalia Inn Mutel INC
Grant Deed
$1,822,000 · Hanmi Bank
Nov 8, 2004
—
Nareshkumar Patel
Patel,sangitaben
Quit Claim Deed
related
—
Jun 25, 1990
$258,763
Werre Gerald J
Cates,family Tru
Quit Claim Deed
related
—
—
—
Anupa INC
—
Deed Of Trust
related
$325,000 · Thakor & Savita Patel
—
—
Anupa INC
—
Deed Of Trust
related
$1,200,000 · Fidelity Bancorp
—
—
Anupa INC
—
Deed Of Trust
related
$125,000 · Hemma Patel
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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