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Property profile & analytics
OFF-MARKET
Estimated value
$2,245,000
Hotels
121 Iron Pt Rd Folsom, CA 95630-9000
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3036034
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1999
Construction
WOOD
Total area
52,405 SF
Lot
2.01 ac (87,555 SF)
Zoning code
C-3 (PD)
APN
072-1220-024-0000
UPID
US10-3036034
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
-
Larkspur Landing Folsom Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
$2.48M
Comparable Approach
Comparable
$2.85M
Blend (final)
Blend
$2.25M
Owner & transaction history
Ll Folsom LP · 19 yrs held
Ll Folsom LP
since 2007
7 recorded transactions
Zoning & alternative use
C-3 (PD) · Folsom, 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 Folsom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Folsom 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
$1,400,000
CAP Approach
CAP Return
Estimation
6%
$2,690,000
6.5%
$2,480,000
7%
$2,305,000
Blend value · Realmo final
$2.25M
Range $2.02M – $2.47M · ±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
$43 / 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
$112,363
Tax year 2024
Assessed value
$10,240,460
Assessed 2024
Previous assessed
$10,240,460
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,194,718
Assessed improvement
$9,045,742
Applied tax rate
4.0000
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
1999
Construction
WOOD
Heating
NONE
Buildings
2
Stories
3
Units
84
Total area
52,405 SF
Lot
2.01 ac (87,555 SF)
Zoning code
C-3 (PD)
APN
072-1220-024-0000
UPID
US10-3036034
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-3 (PD) · Folsom, CA
Zoning C-3 (PD) · permitted uses
C-3 (PD) · Folsom, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Folsom. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
WOOD
Heating
NONE
Stories
3
Buildings
2
Units
84
Lot
2.01 ac
Current owner
From public records · entity-resolved
Ll Folsom LP
Entity
Mailing address
591 W PUTNAM AVE, GREENWICH, CT 06830-6005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
May 24, 2017
—
Ll Folsom L P
—
Deed
related
—
Jul 11, 2007
—
Ll Folsom LP
Folsom Landing Hotel Co LLC
Grant Deed
—
Feb 3, 2003
—
Folsom Landing Hotel Co LLC
—
Deed Of Trust
related
$90,000,000 · Greenwich Capital Fin'l Produc
Dec 26, 2000
—
Folsom Landing Hotel Co LLC
—
Deed Of Trust
related
$154,000,000 · Greenwich Capital Fin'l Produc
Mar 3, 2000
—
Folsom Landing Hotel Co LLC
—
Deed Of Trust
related
$40,000,000 · Bank Of America NA Trustee
Nov 25, 1998
—
Folsom Landing Hotel Co LLC
—
Deed Of Trust
related
$6,188,282 · Farallon Realty Partners Ttee
Aug 31, 1998
—
Folsom Landing Hotel Co LLC
Exchange Intermediary INC
Trustees Deed
related
—
Apr 23, 1996
—
Sjza Company
Manolakas,stefanl
Grant Deed
related
—
—
—
Folsom Landing Hotel Co LLC
—
Deed Of Trust
related
—
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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