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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Motels
700 California Ave Parker, AZ 85344-5042
Entity Owned
4-yr Hold
Property ID
US07-1453748
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1974
Construction
STEEL FRAME
Total area
1,292 SF
Lot
0.52 ac (22,651 SF)
APN
311-14-045
UPID
US07-1453748
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
-
Travelodge by Wyndham Parker Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
Akram Group LLC · 4 yrs held
Akram Group LLC
since 2021
Last sale
$1.1M
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 Parker submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parker 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
$1,125,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10% · vs last sale $1.13M (Oct 14 2021)
Last sale anchor
$1.13M
Oct 14 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
$871 / 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
$7,095
Tax year 2024
Assessed value
$463,410
Assessed 2024
Previous assessed
$463,410
+0.0% YoY
Effective rate
1.53%
On assessed value
Total market value
$577,680
Applied tax rate
2,760.0000
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
1974
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
1,292 SF
Lot
0.52 ac (22,651 SF)
APN
311-14-045
UPID
US07-1453748
Jurisdiction
LA PAZ
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
1974
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Akram Group LLC
Entity
Mailing address
480 LONDON BRG RD, LAKE HAVASU CITY, AZ 86403-4643
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2022
—
Akram Group LLC
—
Deed
related
$965,250 · Horizon Community Bank INC
Oct 14, 2021
$1,125,000
Akram Group LLC
Parker Inn LLC
Warranty Deed
—
Jun 16, 2020
$510,000
Parker Inn LLC
Rameshbhai B Bhakta
Warranty Deed
—
Apr 28, 2005
$521,000
Rameshbhai B Bhakta
Cntj LLC
Grant Deed
related
$300,000 · Madhusudan Bhakta
Jul 25, 2002
—
C & J Tr
Bhakta,chandravadan T & Jashuben
Quit Claim Deed
related
—
Jun 17, 2002
—
Cntj LLC
Bhakta,chandravadan T & Jashuben
Quit Claim Deed
related
—
Oct 28, 1998
—
Desertwinds Motel
Bhakta,chandravadan T & Jashuben
Quit Claim Deed
related
—
—
—
Chandravandan Bhakta
—
Deed Of Trust
related
$239,250 · Highland Federal Bank
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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