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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Motels
720 Hl St Capitola, CA 95010-2187
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1737505
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1980
Construction
WOOD
Total area
7,201 SF
Lot
3.09 ac (134,426 SF)
APN
036-011-28
UPID
US09-1737505
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
-
Quality Inn & Suites Capitola By The Sea Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.16M
Owner & transaction history
Capitola Of Sea Hospitality INC · 9 yrs held
Capitola Of Sea Hospitality INC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+160.6%
Medical building
$1.5M
+121.3%
Restaurant
$1.3M
+92.8%
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 Capitola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Capitola 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
$1,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,750,000
Change: +161% · Conversion: Difficult
MEDICAL BUILDING
$1,485,000
Change: +121% · Conversion: Difficult
RESTAURANT
$1,295,000
Change: +93% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,280,000
Change: +91% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$830,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±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
$161 / 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
$100,615
Tax year 2024
Assessed value
$7,395,892
Assessed 2024
Previous assessed
$7,395,892
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$4,010,849
Assessed improvement
$3,385,043
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
1980
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
14
Total area
7,201 SF
Lot
3.09 ac (134,426 SF)
APN
036-011-28
UPID
US09-1737505
Jurisdiction
SANTA CRUZ
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.5M
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$830,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
14
Lot
3.09 ac
Current owner
From public records · entity-resolved
Capitola Of Sea Hospitality INC
Entity
Mailing address
8430 MURRAY AVE, GILROY, CA 95020-3636
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2020
—
The Sea Hospitality INC
—
Deed
related
$4,500,000 · 1st Capital Bank
Aug 2, 2016
—
Capitola Of Sea Hospitality INC
Patel,dhanesh & Rita
Grant Deed
—
Sep 10, 2009
$4,985,000
Patel H & V Family Trust
Leavesley Ocean Inn-vestors
Grant Deed
$1,146,550 · Lighthouse Bank
Apr 3, 1998
$4,775,000
Leavesly Ocean Inn-vestors
Pennell Trust
Grant Deed
$3,605,000 · Bank Of The West
Jan 20, 1995
—
Pennell Trust
Pennell,robert W
Quit Claim Deed
related
—
—
—
Leavesley Ocean Inn-vestors
—
Deed Of Trust
related
$3,394,000 · Bank Of The West
—
—
Patel,h & V Family Trust
—
Deed Of Trust
related
$2,280,000 · Wells Fargo Bk
—
—
Leavesley Ocean Inn-vestors
—
Deed Of Trust
related
$10,100 · Bank Of The West
—
—
Patel H & V Family Trust
—
Deed Of Trust
related
$1,156,000 · Cdc Small Business Finance Co
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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