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Property profile & analytics
OFF-MARKET
Hotels
816 Magazine St Vallejo, CA 94590-7840
Individually Owned
29-yr Hold
~
Est. High Equity
Property ID
US09-1487001
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1944
Total area
5,320 SF
Lot
0.58 ac (25,221 SF)
APN
0061-213-030
UPID
US09-1487001
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
-
Budget Inn Vallejo/Napa 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
by Request
Owner & transaction history
Ramesh G Naran · 29 yrs held
Ramesh G Naran
since 1996
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 Vallejo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vallejo 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
$9,272
Tax year 2023
Assessed value
$510,663
Assessed 2023
Previous assessed
$510,663
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$78,270
Assessed improvement
$432,393
Applied tax rate
7.0000
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
1944
Heating
NONE
Stories
1
Total area
5,320 SF
Lot
0.58 ac (25,221 SF)
APN
0061-213-030
UPID
US09-1487001
Jurisdiction
SOLANO
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
1944
Heating
NONE
Stories
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Ramesh G Naran
Individual
Mailing address
816 MAGAZINE ST, VALLEJO, CA 94590-7840
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2018
—
Ramesh G Naran
—
Deed
related
$313,000 · Private Individual
Jan 17, 2018
—
Ramesh G Naran
—
Deed
related
$4,200,000 · Bank Of The Orient
Jun 22, 2016
—
Ramesh G Naran
—
Deed
related
$160,000 · Bank Of The West
Dec 16, 1996
$10,000
Ramesh G Naran
Patel,jayantilal M & Lalitaben J
Grant Deed
related
$175,000 · Seller
—
—
Jayantilal Patel
—
Deed Of Trust
related
$30,000 · Individual
—
—
Ramesh G Naran
—
Deed Of Trust
related
$160,000 · Bank Of The West
—
—
Ramesh G Naran
—
Deed Of Trust
related
$313,000 · Private Individual
—
—
Ramesh G Naran
—
Deed Of Trust
related
$420,000 · Bank Of The Orient
—
—
Ramesh G Naran
—
Deed Of Trust
related
$433,750 · Sacramento Bk/cmrc
—
—
Ramesh G Naran
—
Deed Of Trust
related
$303,625 · Sacramento Bk/cmrc
—
—
Ramesh G Naran
—
Deed Of Trust
related
$135,000 · Bank Of The West
—
—
Jayantilal M Patel
—
Deed Of Trust
related
$25,000 · Individual
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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