New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,755,000
Hotels
8 Frd Rd, Carmel Valley, CA 93924-9511
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-3303228
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Lot
2.36 ac (102,801 SF)
APN
187-411-013-000
UPID
US09-3303228
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
$5.86M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.76M
Owner & transaction history
Newmanium Enterprises LLC · 3 yrs held
Newmanium Enterprises LLC
since 2023
Last sale
$5.7M
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 Carmel Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmel Valley 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
$5,775,000
ML approach
$5,855,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.76M
Range $5.18M – $6.33M · ±10% · vs last sale $5.70M (Apr 6 2023)
Last sale anchor
$5.70M
Apr 6 2023
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
—
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
$71,970
Tax year 2023
Assessed value
$6,191,329
Assessed 2023
Previous assessed
$6,191,329
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,419,690
Assessed improvement
$3,771,639
Applied tax rate
60.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Heating
NONE
Units
1
Lot
2.36 ac (102,801 SF)
APN
187-411-013-000
UPID
US09-3303228
Jurisdiction
MONTEREY
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
Heating
NONE
Units
1
Lot
2.36 ac
Current owner
From public records · entity-resolved
Newmanium Enterprises LLC
Entity
Mailing address
27440 LOMA DEL REY, CARMEL, CA 93923-8423
Ownership since
2023
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
Apr 6, 2023
—
Newmanium Enterprises LLC
Newmanium Enterprises LLC
Intrafamily Transfer
related
$1,750,000 · Tri Counties Bank
Aug 23, 2018
—
Newmanium Ents LLC
—
Deed
related
$1,500,000 · Poppy Bk
Jun 25, 2018
$5,700,000
Newmanium Ents LLC
Tnsi LLC
Grant Deed
—
Oct 31, 2014
$2,445,000
Tnsi LLC
Fre 592 LLC
Grant Deed
—
Aug 28, 2014
$5,250,000
Fre 592 LLC
Peter T Coakley
Grant Deed
$2,805,000 · East West Bank
Feb 6, 2013
—
Coakley Peter T Trust
Coakley Peter T Trust
Quit Claim Deed
related
$2,000,000 · Santa Cruz County Bank
Jan 7, 2004
—
Coakley,tr
Coakley,tr
Quit Claim Deed
related
—
Jun 24, 1999
—
Coakley Trust
Coakley,peter T
Quit Claim Deed
related
—
May 1, 1998
—
Peter T Coakley
Coakley Trust
Quit Claim Deed
related
—
—
—
Coakley Trust
—
Deed Of Trust
related
$289,209 · Hotel Guys LLC
—
—
Coakley Trust
—
Deed Of Trust
related
$1,600,000 · First National Bank Central Ca
—
—
Newmanium Ents LLC
—
Deed Of Trust
related
$1,500,000 · Poppy Bk
—
—
Peter T Coakley
—
Deed Of Trust
related
$1,000,000 · First National Bank Central Ca
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8 Frd Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.