Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Hotels
8595 Lacey Blvd Hanford, CA 93230-4841
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-1588516
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1961
Construction
WOOD
Total area
7,604 SF
Lot
0.38 ac (16,480 SF)
Zoning code
CH
APN
016-052-029-000
UPID
US09-1588516
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
-
Stardust Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$776k
Blend (final)
Blend
$1.22M
Owner & transaction history
Kings Community Action Organization · 1 yrs held
Kings Community Action Organization
since 2025
Last sale
$500
7 recorded transactions
Zoning & alternative use
CH · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+191.9%
Commercial (general)
$1.4M
+190.3%
Retail stores
$970,000
+105.9%
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 Hanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanford 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
$1,660,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,380,000
Change: +192% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,370,000
Change: +190% · Conversion: Difficult
RETAIL STORES
$970,000
Change: +106% · Conversion: Difficult
AUTO REPAIR, GARAGE
$960,000
Change: +103% · Conversion: Difficult
OFFICE BUILDING
$895,000
Change: +90% · Conversion: Difficult
WAREHOUSE, STORAGE
$790,000
Change: +68% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±10% · vs last sale $500 (Mar 26 2025)
Last sale anchor
$500
Mar 26 2025
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
$160 / 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
$31,854
Tax year 2024
Assessed value
$3,005,199
Assessed 2024
Previous assessed
$3,005,199
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$160,029
Assessed improvement
$2,845,170
Applied tax rate
94.0000
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
1961
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
2
Rooms
27
Bathrooms
23
Total area
7,604 SF
Lot
0.38 ac (16,480 SF)
Zoning code
CH
APN
016-052-029-000
UPID
US09-1588516
Jurisdiction
KINGS
Zoning & alternative use
CH · Hanford, CAZoning CH · permitted uses
CH · Hanford, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$960,000
OFFICE BUILDING
Est. value
$895,000
WAREHOUSE, STORAGE
Est. value
$790,000
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1961
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Rooms
27
Bathrooms
23
Lot
0.38 ac
Current owner
From public records · entity-resolved
Kings Community Action Organization
Individual
Mailing address
PO BOX 1742, VISALIA, CA 93279-1742
Ownership since
2025
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
Jun 26, 2025
$500
Kings Community Action Organization
Stardust Ktha LLC
Grant Deed
—
Feb 15, 2024
—
Stardust Ktha LLC
—
Deed
related
$1,576,708 · County Of Kings
Nov 8, 2023
—
Stardust Ktha LLC
—
Deed
related
$1,576,708 · City Of Hanford
Dec 17, 2020
$1,450,000
Stardust Ktha LLC
Suryakant S Patel
Grant Deed
—
Dec 28, 2000
—
Suryakant S Patel
Patel,surayakant S
Quit Claim Deed
related
$215,000 · Wells Fargo Bank
Jun 2, 1994
—
Surayakant S Patel
Patel,ramaqn H &
Quit Claim Deed
related
—
Jun 2, 1994
$259,500
Patel,raman H & Savita R
Chien,chin-shin
Trustees Deed
related
$169,073 · Seller
Aug 7, 1987
$385,000
—
—
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.
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 8595 Lacey Blvd?
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.
