Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Hotels
8749 Lacey Blvd Hanford, CA 93230-4879
Trust Owned
5-yr Hold
Free & Clear
Property ID
US09-1324038
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1961
Construction
WOOD
Total area
13,895 SF
Lot
0.85 ac (37,120 SF)
Zoning code
CH
APN
016-051-001-000
UPID
US09-1324038
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
-
Holiday Lodge Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$498k
Blend (final)
Blend
$510k
Owner & transaction history
Patel,jagdish P Living Trust · 5 yrs held
Patel,jagdish P Living Trust
since 2020
7 recorded transactions
Zoning & alternative use
CH · Hanford, 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 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
by Request
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10%
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
$37 / 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
$3,383
Tax year 2024
Assessed value
$319,195
Assessed 2024
Previous assessed
$319,195
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$84,617
Assessed improvement
$234,578
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
50
Bathrooms
50
Total area
13,895 SF
Lot
0.85 ac (37,120 SF)
Zoning code
CH
APN
016-051-001-000
UPID
US09-1324038
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
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Rooms
50
Bathrooms
50
Lot
0.85 ac
Current owner
From public records · entity-resolved
Patel,jagdish P Living Trust
Trust
Free & Clear · 5 yrs held
Mailing address
8749 LACEY BLVD, HANFORD, CA 93230-4879
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2020
—
Patel,jagdish P Living Trust
Jagdish P Patel
Correction Deed
related
—
Jun 2, 2020
—
Patel,jagdish P Living Trust
Jagdish P Patel
Quit Claim Deed
related
—
Jan 3, 2008
—
Jagdish P Patel
—
Deed Of Trust
related
$1,125,000 · County Bank
Dec 23, 1996
—
Jagdish P Patel
Half Moon N2 Assoc L P
Quit Claim Deed
related
$125,000 · Beneficial California INC
Dec 28, 1993
$489,000
Jagdish Patel
Holiday Lodge In
Grant Deed
$419,000 · Government Funding Ca Bus&ind
Mar 9, 1987
$125,000
—
—
Grant Deed
related
—
—
—
Jagdish Patel
—
Deed Of Trust
related
$110,500 · Bank Of Visalia
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 8749 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.
