Hotel and Retail Conversion
For Sale
Contact for pricing
4100 Chiles Road, Davis, CA 95618
Renovated 78-key hotel with leased retail space occupied by Domino's and Sherwin Williams, with direct I-80 frontage.
Property Size47,216 SF
Lot Size3.39 Acres
Price / SF$381.23
Days on Market176
Property Features for 4100 Chiles Road
General Information
Standard status
Active
Size
47,216 SF
Total Parking Spaces
140
Lot size
3.39 Acres
Property subtype
Hospitality, Retail
Zoning
CMU - Commercial Mixed Use
Lease Type
NNN
Investment Type
Value Add
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1974
Year Renovated
2022
Buildings
3
Stories
2
Tenancy
Multi
Listing Agency:
The Corcoran Group
Listed By:
Rachna Gandhi · License #0204779
(650) 339-6818
Source:
Crexi
Added: Apr 29
Changed: Oct 16
Last Checked: Oct 20 at 9:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Corcoran Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Prodigy Hotel + Retail combines a fully operational 78-key hotel with 11,108 SF of retail space currently occupied by Domino’s and Sherwin Williams. The property was built in 1974 and renovated in 2022. Hotel units are arranged in an interior corridor design with private bathrooms in every unit and approximately 355 SF room sizes.
The site offers direct I-80 frontage with freeway visibility and pylon signage. The property is located near UC Davis campus and UC Davis Health, and it is described as CMU zoning, supporting mixed-use development.
As a single site with operating hotel income and existing retail tenants, the asset presents a conversion/repositioning pathway while also supporting continued hotel operation, depending on buyer goals and underwriting.
The site offers direct I-80 frontage with freeway visibility and pylon signage. The property is located near UC Davis campus and UC Davis Health, and it is described as CMU zoning, supporting mixed-use development.
As a single site with operating hotel income and existing retail tenants, the asset presents a conversion/repositioning pathway while also supporting continued hotel operation, depending on buyer goals and underwriting.
Key Highlights
- 3.39‑acre property in Davis, CA with direct I‑80 frontage, freeway visibility, and pylon signage
- Fully operational 78‑key hotel (36,108 SF), built in 1974 and renovated in 2022
- Includes 11,108 SF of retail space leased to Domino’s and Sherwin‑Williams
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$671,785
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,435,700
$13.4M
Cap Rate 7%
$9,596,929
$9.6M
Cap Rate 9%
$7,464,278
$7.5M
Market Conditions
NOI Build-Up for 47,216 SF
Gross rent
$1.02M $21.60/SF
− Vacancy
−$60.2K −$1.27/SF
EGI
$959.7K $20.33/SF
− OpEx
−$287.9K −$6.10/SF
NOI
$671.8K $14.23/SF
Area
Yolo County, CA
Vacancy
5.90%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,435,700
Cap Rate 7%
$9,596,929
Cap Rate 9%
$7,464,278
Alternative Uses
Best Use
Retail
$9.60M
$8.40M – $11.20M
NOI $671,785 @ 7.0% cap · market cap 3.73%
Second Best
Hotel Hospitality
$2.47M
$2.16M – $2.89M
NOI $173,186 @ 7.0% cap · market cap 0.96%
Theoretical Best
Office A
$12.74M
$11.15M – $14.86M
NOI $891,816 @ 7.0% cap · market cap 4.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
Explore this area
Business Placement
Demographics for 95618, CA
27,472
Population
10,898
Households
2.5
Avg Household Size
33
Median Age
72%
College-Educated
95%
High-School Grad
32.1 sq mi
ZIP Area
856
Density / Sq Mi
$112,454
Median Household Income
$51,999
Median Earnings
$2,237
Median Rent
$839,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Hotel - Renovated 78-key hotel with leased retail space occupied by Domino's and Sherwin Williams, with direct I-80 frontage.
Where is this hotel located?
The property is located at 4100 Chiles Road Davis, CA.
What is the asking price?
The asking price for this property is $18,000,000.
What are key features of this property?
This property features: 3.39‑acre property in Davis, CA with direct I‑80 frontage, freeway visibility, and pylon signage; Fully operational 78‑key hotel (36,108 SF), built in 1974 and renovated in 2022; Includes 11,108 SF of retail space leased to Domino’s and Sherwin‑Williams
