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Property profile & analytics
OFF-MARKET
Motels
9280 Castillo Dr San Simeon, CA 93452-9748
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1872449
Property profile
Verified
Property type
Motels
Use group
MOTEL
Lot
1 ac (43,560 SF)
Zoning code
CR
APN
013-071-027
UPID
US09-1872449
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
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
Srk Investment INC · 14 yrs held
Srk Investment INC
since 2011
7 recorded transactions
Zoning & alternative use
CR · San Simeon, 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 San Simeon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Simeon 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 2024Property tax & assessments
Tax year 2024
Tax billed
$49,662
Tax year 2024
Assessed value
$4,709,300
Assessed 2024
Previous assessed
$4,709,300
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$1,612,620
Assessed improvement
$3,096,680
Applied tax rate
61.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Heating
NONE
Lot
1 ac (43,560 SF)
Zoning code
CR
APN
013-071-027
UPID
US09-1872449
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CR · San Simeon, CA
Zoning CR · permitted uses
CR · San Simeon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Simeon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Srk Investment INC
Entity
Mailing address
1374 MUNRAS AVE, MONTEREY, CA 93940-6139
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Jul 11, 2025
—
Ld Telecom Assetco LLC
—
Deed
related
—
Feb 14, 2018
—
Srk Investment INC
—
Deed
related
$2,547,000 · Bank Of The Sierra
Dec 30, 2011
$3,075,000
Srk Investment INC
Sidd Properties
Grant Deed
$1,573,798 · Pacific Enterprise Bank
Mar 10, 2006
$2,200,000
Sidd Properties
Bw Properties
Grant Deed
$2,000,000 · Heritage Bank Of Commerce
Sep 20, 2002
—
B W Properties
B W Properties
Quit Claim Deed
related
$747,893 · Wells Fargo Bank
—
—
Srk Investment INC
—
Deed Of Trust
related
$1,125,000 · Cdc Small Business Finance Co
—
—
Srk Investment INC
—
Deed Of Trust
related
$2,547,000 · Bank Of The Sierra
—
—
Sidd Properties
—
Deed Of Trust
related
$750,000 · Rajiv Desai
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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