Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Hotels
807 Needham St Modesto, CA 95354-0736
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0201827
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1960
Construction
WOOD
Total area
19,956 SF
Lot
0.52 ac (22,651 SF)
Zoning code
MOD C-1
APN
109-007-044-000
UPID
US09-0201827
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
-
Motel 6 Modesto, CA - Downtown Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$1.01M
Owner & transaction history
Jai Jalaram Investment LLC · 4 yrs held
Jai Jalaram Investment LLC
since 2021
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
MOD C-1 · Modesto, CA
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 Modesto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Modesto 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
$1,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$725,000
Current use
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10% · vs last sale $900k (Dec 29 2021)
Last sale anchor
$900k
Dec 29 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
$51 / 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
$20,023
Tax year 2024
Assessed value
$1,757,315
Assessed 2024
Previous assessed
$1,757,315
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$295,985
Assessed improvement
$1,461,330
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Cooling
WALL UNIT
Stories
2
Total area
19,956 SF
Lot
0.52 ac (22,651 SF)
Zoning code
MOD C-1
APN
109-007-044-000
UPID
US09-0201827
Jurisdiction
STANISLAUS
Zoning & alternative use
MOD C-1 · Modesto, CA
Zoning MOD C-1 · permitted uses
MOD C-1 · Modesto, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Modesto. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$725,000
HOTEL/MOTEL Current
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
1960
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Jai Jalaram Investment LLC
Entity
Free & Clear · 4 yrs held
Mailing address
425 BUENA VIS DR, MODESTO, CA 95354-1417
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2021
$900,000
Jai Jalaram Investment LLC
Tfp Modesto LLC
Grant Deed
—
Apr 20, 2017
—
Tfp Modesto LLC
Thompson,sean T
Quit Claim Deed
—
Oct 17, 2014
—
Melissa J Lindell
Lindell,michael
Quit Claim Deed
related
—
Oct 17, 2014
$149,000
Romy Thompson
Lindell,melissa J
Grant Deed
—
Oct 8, 2014
—
Melissa J Lindell
Lindell,melissa
Quit Claim Deed
related
—
Jul 23, 2010
—
Sean T Thompson
Thompson,eugene D
Quit Claim Deed
related
—
Jun 1, 2010
—
Susan L Thompson
Thompson,eugene D JR
Affidavit Of Death
related
—
Oct 6, 2009
—
Eugene D Thompson
Thompson,eugene D JR
Quit Claim Deed
related
—
Nov 16, 2004
—
Curtis John & M 2004 Trust
Curtis,melanie T
Quit Claim Deed
related
—
Mar 4, 2003
—
Taylor,tr
Taylor,edward T & Virginia P
Quit Claim Deed
related
—
Mar 4, 2003
$125,000
E Thompson
Taylor,tr
Grant Deed
—
Feb 26, 2003
—
Taylor,tr
Taylor,edward T & Virginia P
Quit Claim Deed
related
—
Mar 29, 2000
$50,000
Eugene D Thompson
Thompson Trust
Grant Deed
related
$41,750 · Seller
Jan 19, 2000
—
Pritam Singh
Singh,bhupinder K
Quit Claim Deed
related
—
Dec 31, 1997
—
Eugene D Thompson
Thompson,eugene D
Quit Claim Deed
related
—
Nov 9, 1994
—
Khatri INC
Khatri,premlata A
Quit Claim Deed
related
—
—
—
Pritam Singh
—
Deed Of Trust
related
$31,567 · Individual
—
—
Balwinder Dhillon
—
Deed Of Trust
related
$15,605 · Individual
—
—
Tara Singh
—
Deed Of Trust
related
$610,000 · Khatri INC
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 807 Needham St?
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.
