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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Assisted living facilities
1550 3rd St Lincoln, CA 95648-1576
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-9165794
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1987
Construction
WOOD
Total area
31,197 SF
Lot
2.3 ac (100,187 SF)
Zoning code
MDC
APN
021-321-005-000
UPID
US09-9165794
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
-
Lincoln Meadows Care Center Nursing Home
-
Roxanne D. Portugal, OTRL Physician
-
Lori A. Peterson, PT Physician
-
RUPINDER K CHEEMA Pediatrician Physician
-
Rachel's Beauty Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$758k
Blend (final)
Blend
$685k
Owner & transaction history
1550 3rd Street LLC · 13 yrs held
1550 3rd Street LLC
since 2013
7 recorded transactions
Zoning & alternative use
MDC · Lincoln, 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 Lincoln submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln 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
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$580,000
Current use
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$22 / 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
$85,625
Tax year 2024
Assessed value
$8,105,580
Assessed 2024
Previous assessed
$8,105,580
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,200,000
Assessed improvement
$6,905,580
Applied tax rate
3.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Units
97
Total area
31,197 SF
Lot
2.3 ac (100,187 SF)
Zoning code
MDC
APN
021-321-005-000
UPID
US09-9165794
Jurisdiction
PLACER
Zoning & alternative use
MDC · Lincoln, CA
Zoning MDC · permitted uses
MDC · Lincoln, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincoln. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$580,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Units
97
Lot
2.3 ac
Current owner
From public records · entity-resolved
1550 3rd Street LLC
Entity
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2019
—
1550 3rd Street LLC
—
Deed
related
$22,104,000 · Orix R/e Cap
Aug 2, 2018
—
1550 3rd Street LLC
—
Deed
related
$400,000,000 · Column Financial INC
Aug 24, 2016
—
1550 3rd Street LLC
—
Deed
related
—
Jan 28, 2013
—
1550 3rd Street LLC
Foremost Healthcare Props INC
Grant Deed
—
Jul 31, 2012
—
Foremost Healthcare Props INC
Horizon West Healthcare Of Ca
Grant Deed
$2,500,000 · Roseville Bank Of Commerce
Jul 31, 1996
$2,455,000
Sierra Medical Enterprises
Frank R Aiello Estate
Grant Deed
—
Jul 31, 1996
—
Sierra Medical Enterprises
Allpro INC
Quit Claim Deed
related
—
—
—
1550 3rd Street LLC
—
Loan Modification
related
—
—
—
1550 3rd Street LLC
—
Deed Of Trust
related
$22,104,000 · Orix R/e Cap
—
—
1550 3rd Street LLC
—
Loan Modification
related
—
—
—
Sierra Medical Enterprises
—
Deed Of Trust
related
$3,250,000 · Commerce Security Bank
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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