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Property profile & analytics
OFF-MARKET
Estimated value
$1,505,000
Hotels
850 Hobsonway Blythe, CA 92225-1416
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-1427245
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1952
Construction
WOOD
Total area
19,075 SF
Lot
2.23 ac (97,138 SF)
Zoning code
C-G
APN
836-123-002
UPID
US09-1427245
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
-
Red Roof Inn Blythe Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.78M
CAP Approach
CAP
$1.80M
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.51M
Owner & transaction history
Krishnaharup INC · 6 yrs held
Krishnaharup INC
since 2020
Last sale
$1.3M
4 recorded transactions
Zoning & alternative use
C-G · Blythe, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this zonig district is to provide animal boarding, animal grooming, animal health care, automobile sales or rentals, automobile servicing, automobile parking, business support services
Zone name
General Commercial
General category
COMMERCIAL
Zone area
698.96 ac
Source
Realmo
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 Blythe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blythe 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
$1,695,000
ML approach
$1,780,000
CAP Approach
CAP Return
Estimation
6%
$1,950,000
6.5%
$1,800,000
7%
$1,670,000
Blend value · Realmo final
$1.51M
Range $1.35M – $1.66M · ±10% · vs last sale $1.30M (May 15 2020)
Last sale anchor
$1.30M
May 15 2020
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
$79 / 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
$15,943
Tax year 2024
Assessed value
$1,410,558
Assessed 2024
Previous assessed
$1,410,558
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$312,008
Assessed improvement
$1,098,550
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
NONE
Stories
2
Units
50
Total area
19,075 SF
Lot
2.23 ac (97,138 SF)
Zoning code
C-G
APN
836-123-002
UPID
US09-1427245
Jurisdiction
RIVERSIDE
Zoning & alternative use
C-G · Blythe, CAZoning C-G · permitted uses
C-G · Blythe, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this zonig district is to provide animal boarding, animal grooming, animal health care, automobile sales or rentals, automobile servicing, automobile parking, business support services
Zone name
General Commercial
General category
COMMERCIAL
Zone area
698.96 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1952
Construction
WOOD
Heating
NONE
Stories
2
Units
50
Lot
2.23 ac
Current owner
From public records · entity-resolved
Krishnaharup INC
Entity
Mailing address
850 W HOBSONWAY, BLYTHE, CA 92225-1416
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2020
$1,300,000
Krishnaharup INC
Desert City Hotels INC
Grant Deed
$1,200,000 · Desert City Hotels INC
Nov 17, 2015
$415,000
Desert City Hotels INC
Rivercity Lodging INC
Grant Deed
$60,000
Nov 17, 2015
—
Rivercity Lodging INC
Patel,raman N & Ambaben R
Grant Deed
—
Aug 12, 1997
$15,000
Raman N Patel
Patel,shanker A & Patricia
Grant Deed
related
—
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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