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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Motels
824 Broadway, Santa Maria, CA 93454-6602
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-3015007
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1919
Total area
3,219 SF
Lot
0.32 ac (13,939 SF)
APN
125-191-012
UPID
US10-3015007
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
-
Saint Joseph Supported Living Services Inc Crisis Center Medical Clinic
-
Chris' Country Properties Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$345k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
Vinita June Waddell · 3 yrs held
Vinita June Waddell
since 2022
Last sale
$550,000
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 Santa Maria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Maria 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
by Request
CAP Approach
CAP Return
Estimation
6%
$375,000
6.5%
$345,000
7%
$320,000
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $550k (Aug 31 2022)
Last sale anchor
$550k
Aug 31 2022
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
$168 / 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
$6,862
Tax year 2024
Assessed value
$619,880
Assessed 2024
Previous assessed
$619,880
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$294,854
Assessed improvement
$325,026
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
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1919
Heating
NONE
Stories
2
Rooms
12
Bathrooms
1
Total area
3,219 SF
Lot
0.32 ac (13,939 SF)
APN
125-191-012
UPID
US10-3015007
Jurisdiction
SANTA BARBARA
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
1919
Heating
NONE
Stories
2
Rooms
12
Bathrooms
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Vinita June Waddell
Individual
Mailing address
824 S BROADWAY, SANTA MARIA, CA 93454-6602
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Aug 31, 2022
—
Vinita June Waddell
Vinita June Waddell
Intrafamily Transfer
related
—
Apr 21, 2020
—
Vinita Waddell
—
Deed
related
$305,000 · Community Bk/santa Maria
Oct 10, 2019
$550,000
Vinita J Waddell
Jack Aleto
Grant Deed
$305,000 · Community Bk/santa Maria
Oct 24, 2014
$550,000
Jack Aleto
Escobar,luis J & Beverly M
Grant Deed
—
May 7, 2004
$500,000
Luis J Escobar
Smith,tr
Grant Deed
$450,000 · Smith Trust
—
—
Luis J Escobar
—
Loan Modification
related
—
—
—
Vinita Waddell
—
Deed Of Trust
related
$305,000 · Community Bk/santa Maria
—
—
Vinita J Waddell
—
Deed Of Trust
related
$254,000 · Coastal Busn Fin
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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