Hotel and Retail Conversion
4100 Chiles Road Davis, CA 95618
4100 Chiles Road, Davis, CA, 95618
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For Sale
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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 Market85
Property Features for 4100 Chiles Road
General Information
- Standard status
- Active
- Size
- 47,216 SF
- Lot size
- 3.39 Acres
- Property subtype
- Hospitality, Retail
Building Details
- Year Built
- 1974
Listing agency
The Corcoran Group
(650) 339-6818
Listed by
Rachna Gandhi · License #0204779
Source
Crexi
Added: Apr 29 Updated: Jul 22 at 1:41AM Checked: Jul 22 at 1:41AM
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
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
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.02M | $21.60 |
| − Vacancy | −$60.2k | −$1.27 |
| EGI | $959.7k | $20.33 |
| − OpEx | −$287.9k | −$6.10 |
| NOI | $671.8k | $14.23 |
47,216 SF · lease $21.60/SF/yr · vacancy 5.90% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Prodigy Hotel, a Days ...
Hotel & Motel
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FAQs
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
