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    1530 Howe Ave Sacramento, CA 95825-3358
    Property profile & analytics

    1530 Howe Ave, Sacramento, CA 95825-3358

    View on Map
    • Motels
    • 111,584 SF
    • 4.53 lot acres
    Off-Market
    Last Sale Nov 1, 2024
    $20,000,000
    Property ID
    US09-1192638
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $20,000,000
    Show details
    Cap Rate Potential
    8%
    Motels
    Location Intelligence

    Current Use by Public Records

    • Howe Ave & Arden (NB) / Travel Agency
    • Residence Inn Sacramento Cal Expo / Hotel & Motel

    Property Details for 1530 Howe Ave

    Year built
    1985
    Construction
    WOOD
    Lot size
    4.53 lot acres
    Zone code
    LC
    Property type
    Motels
    APN
    285-0061-002-0000
    APU
    28500610020000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 26, 2024 — 1530 Howe LP — Deed · related $22.3M · Kairos Credit Strategies Operating Partn
    Nov 1, 2024 $20,000,000 1530 Howe LP Peg Capital Partners I Gp LLC Grant Deed $9M · Edward Herman
    Dec 6, 2022 — Peg Sacramento Property LLC — Deed · related $18.8M · Access Point Financial LLC
    Sep 12, 2018 $22,800,000 Peg Sacramento Property LLC Bre Apex Property Owner LLC Grant Deed $18k · Acrc Lender
    Jul 17, 2017 — Bre Apex Property Owner LLC — Deed · related —
    Jul 20, 2015 $13,700,000 Bre Apex Property Owner LLC Hard Eight Sacramento LP Grant Deed —
    Mar 30, 2006 — Hard Eight Sacramento LP Ruby Sacramento Cal Expo LP Grant Deed —
    Jun 28, 2005 — Ruby Sacramento Cal Expo LP Rose Spe 1 LP Grant Deed $43.5M · Merrill Lynch Mortgage Lending INC
    Feb 13, 2004 — Rose Spe I LP Rfs Financing Partnership LP Grant Deed · related —
    Nov 21, 1996 — Rfs Financing Partnership LP Rfs Partnership LP Quit Claim Deed · related $75M · Lasalle National Bank
    Jan 12, 1996 — Rfs Partnership LP Mri Business Properties Fund Grant Deed · related —
    — — Bre Apex Property Owner LLC — Deed Of Trust · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $20,000,000
      ML approach
      $20,000,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $26,715,000
      6.5%
      $24,660,000
      7%
      $22,900,000

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $29,525,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $33,330,000
      Change: +13% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $28,550,000
      Change: -3% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $26,380,000
      Change: -11% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $24,470,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.414
    Latitude
    38.5939
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $307,909
    $4,319,900
    $20,124,783
    $24,444,683
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $10,530,000
      68,872 SF

      555 Howe Ave

      HOTEL
      555 Howe Ave, Sacramento, CA 95825-8314
      View Details
    • Value Estimation by Request
      15,388 SF

      3133 Arden Way

      Individual retail properties
      3133 Arden Way, Sacramento, CA 95825
      View Details
    • Value Estimation
      $1,495,000
      1.15 Acres

      1071 Fulton Ave

      HOMES (RETIRED, NURSING)
      1071 Fulton Ave, Sacramento, CA 95825-4290
      View Details
    • Value Estimation by Request
      0.83 Acres

      2405 Fulton Ave

      VACANT COMMERCIAL LAND
      2405 Fulton Ave, Sacramento, CA 95825-0347
      View Details
    • Value Estimation by Request
      0.13 Acres

      Fulton Ave

      VACANT COMMERCIAL LAND
      Fulton Ave, Sacramento, CA 95825
      View Details
    • Value Estimation by Request
      0.13 Acres

      Fulton Ave

      VACANT COMMERCIAL LAND
      Fulton Ave, Sacramento, CA 95825
      View Details

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      15,500 SF

      Sacramento Retail Plaza For Sale

      Retail plaza on Howe Avenue in Sacramento, CA for sale.
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      Sacramento Office Space For Sale

      Office space for sale near Highway 50 on-ramp.
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      2,718 SF

      Restaurant Building on Howe Avenue

      High-profile restaurant building in Sacramento's retail corridor for lease.
      1249 Howe Ave, Sacramento, CA 95825
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Arden Way

      Retail property with anchor tenants and freeway access.
      2030 Arden Way, Sacramento, CA 95825
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    • Contact for pricing
      1,200 SF

      Sacramento Retail Space For Rent

      Retail suites available in a high-traffic Sacramento location.
      2440 Fulton Ave, Sacramento, CA 95825
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    • Contact for pricing
      1,750 SF

      Freestanding Building at Howe & University

      High-visibility medical/office space for lease near Safeway.
      391 Howe Ave, Sacramento, CA 95825
      View Details
    • Contact for pricing
      3,287 SF

      Prestigious Office Space Available

      Highly visible office space with convenient access and covered parking.
      865 Howe Ave, Sacramento, CA 95825
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space Available For Rent

      Retail space available for rent, approximately 5,000 square feet.
      1417 Howe Ave, Sacramento, CA 95825
      View Details
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    1530 Howe Ave
    Sacramento, CA 95825-3358
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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