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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Motels
625 Broadway St Needles, CA 92363-2943
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US10-1471627
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1951
Construction
WOOD FRAME
Total area
9,076 SF
Lot
0.34 ac (15,000 SF)
APN
0186-112-21-0000
UPID
US10-1471627
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
$875k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$825k
Owner & transaction history
Riverstone Hospitality LLC · 7 yrs held
Riverstone Hospitality LLC
since 2018
7 recorded transactions
Zoning & alternative use
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 Needles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Needles 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%
$950,000
6.5%
$875,000
7%
$815,000
Blend value · Realmo final
$825k
Range $743k – $908k · ±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
$91 / 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
$5,558
Tax year 2023
Assessed value
$438,810
Assessed 2024
Previous assessed
$430,206
+2.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$82,024
Assessed improvement
$356,786
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1951
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
25
Total area
9,076 SF
Lot
0.34 ac (15,000 SF)
APN
0186-112-21-0000
UPID
US10-1471627
Jurisdiction
SAN BERNARDINO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1951
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
25
Lot
0.34 ac
Current owner
From public records · entity-resolved
Riverstone Hospitality LLC
Entity
Mailing address
12924 CHARLWOOD ST, CERRITOS, CA 90703-6088
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2018
—
Riverstone Hospitality LLC
Gogineni,vinaya K
Quit Claim Deed
—
Jan 30, 2014
$200,000
Vinaya K Gogineni
Doraiswamy,mohan
Grant Deed
—
Mar 30, 2006
$875,000
Mohan Doraiswamy
Maillloux,marilyn M
Grant Deed
—
Mar 30, 2006
—
Mohan Doraiswamy
Devika Mohan
Intrafamily Transfer
related
—
Jun 25, 2004
—
Bret Mailloux
Miller,helen R
Quit Claim Deed
related
—
Mar 10, 2004
—
Marilyn M Malloux
Miller,hene R
Grant Deed
related
—
Jan 30, 2004
—
Helen R Miller
Mailloux,marilyn M
Quit Claim Deed
related
$300,000 · Jackson Federal Bank
Oct 30, 2001
$60,000
Robert D Miller
Sangani,sanjay R
Grant Deed
$55,000 · Sanjay R Sangani
Jun 26, 1998
$40,000
Sanjay R Sangani
Dudas,istvan & Faye E
Grant Deed
—
Sep 29, 1997
$190,308
Istvan Dudas
Gallagher,patrick E
Trustees Deed
—
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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