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Property profile & analytics
OFF-MARKET
Motels
629 2nd Ave San Luis, AZ 85336-7808
Individually Owned
17-yr Hold
Free & Clear
Property ID
US07-1968019
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1970
Construction
CONCRETE BLOCKS
Total area
4,469 SF
Lot
0.25 ac (10,880 SF)
Zoning code
C-2
APN
775-46-046
UPID
US07-1968019
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David A Lara · 17 yrs held
David A Lara
since 2008
3 recorded transactions
Zoning & alternative use
C-2 · San Luis, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this zoning district is to provide a location for general business and commercial uses. The intent of this district is to allow for larger and more intense commercial uses to satisfy the broader retail and business needs of the community at large while providing for a broad range of commercial activities.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
585.31 ac
Source
Realmo
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 San Luis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,045
Tax year 2023
Assessed value
$27,255
Assessed 2023
Previous assessed
$26,721
+2.0% YoY
Effective rate
11.17%
On assessed value
Assessed land
$10,907
Assessed improvement
$16,348
Land market value
$76,160
Improvement market value
$114,160
Total market value
$190,320
Applied tax rate
3,250.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1970
Construction
CONCRETE BLOCKS
Heating
HEAT PUMP
Cooling
YES
Buildings
3
Stories
2
Total area
4,469 SF
Lot
0.25 ac (10,880 SF)
Zoning code
C-2
APN
775-46-046
UPID
US07-1968019
Jurisdiction
YUMA
Zoning & alternative use
C-2 · San Luis, AZZoning C-2 · permitted uses
C-2 · San Luis, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this zoning district is to provide a location for general business and commercial uses. The intent of this district is to allow for larger and more intense commercial uses to satisfy the broader retail and business needs of the community at large while providing for a broad range of commercial activities.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
585.31 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1970
Construction
CONCRETE BLOCKS
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
3
Lot
0.25 ac
Current owner
From public records · entity-resolved
David A Lara
Individual
Free & Clear · 17 yrs held
Mailing address
1997 W 15TH PL, YUMA, AZ 85364-4336
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2008
—
David A Lara
David A Lara
Intrafamily Transfer
related
—
Jan 20, 1998
—
David A Lara
Lara,david L
Quit Claim Deed
related
—
—
—
David A Lara
—
Deed Of Trust
related
$125,000 · National Bank Arizona
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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