New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,460,000
Motels
9355 Hearst Dr, San Simeon, CA 93452-9750
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0235082
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1963
Construction
WOOD
Total area
13,670 SF
Lot
0.62 ac (27,000 SF)
Zoning code
CR
APN
013-391-004
UPID
US09-0235082
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
$2.79M
CAP Approach
CAP
$1.90M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.46M
Owner & transaction history
V & H Holdings LLC · 4 yrs held
V & H Holdings LLC
since 2021
Last sale
$2.4M
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
Method
Estimation
Statistic approach
$2,775,000
ML approach
$2,790,000
CAP Approach
CAP Return
Estimation
6%
$2,055,000
6.5%
$1,900,000
7%
$1,765,000
Blend value · Realmo final
$2.46M
Range $2.21M – $2.71M · ±10% · vs last sale $2.42M (Aug 16 2021)
Last sale anchor
$2.42M
Aug 16 2021
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
$180 / 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
$31,733
Tax year 2024
Assessed value
$3,004,479
Assessed 2024
Previous assessed
$3,004,479
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,004,841
Assessed improvement
$1,999,638
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
Year built
1963
Construction
WOOD
Heating
NONE
Rooms
37
Bathrooms
32
Total area
13,670 SF
Lot
0.62 ac (27,000 SF)
Zoning code
CR
APN
013-391-004
UPID
US09-0235082
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
Year built
1963
Construction
WOOD
Heating
NONE
Rooms
37
Bathrooms
32
Lot
0.62 ac
Current owner
From public records · entity-resolved
V & H Holdings LLC
Entity
Mailing address
250 SAN SIMEON AVE STE 4C, SAN SIMEON, CA 93452-9715
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2021
—
V & H Holdings LLC
V & H Holdings LLC
Intrafamily Transfer
related
$3,180,000 · Mechanics Bank
Jul 20, 2010
$2,417,500
V Holdings
Swensen Yun Family Trust
Grant Deed
—
Dec 3, 2004
$2,600,000
Swensen Yun Family Trust
Lorenz M & D Family Trust
Grant Deed
$1,263,000 · Community Bank Central Ca
Nov 22, 2004
—
Lorenz Michael & Debra Trust
Lorenz,michael H & Debra J
Quit Claim Deed
related
—
Jan 17, 1997
—
Lorenz Trust
Lorenz,michael H & Debra J
Quit Claim Deed
related
—
Jul 12, 1996
—
Pat G Lorenz
Lorenz Trust
Quit Claim Deed
related
—
Jul 12, 1996
$600,000
Lorenz,michael H & Debra J
Lorenz Trust
Trustees Deed
related
$600,000 · Seller
Apr 8, 1994
—
Pat G Lorenz Trustee
C-c
Grant Deed
related
—
—
—
Swensen Yun Family Trust
—
Deed Of Trust
related
$781,000 · California Coastal Rural Dev
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 9355 Hearst Dr?
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.
