1583 Riverwalk Dr Fortuna, CA 95540-9606
Entity Owned
11-yr Hold
~
Est. High Equity
Estimated value (blended)
$3.28M
Range $2.95M – $3.60M (±10%)
Property ID
US09-4312218
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2001
Total area
33,160 SF
Lot
1.03 ac (44,866 SF)
Zoning code
FC
APN
200-363-038-000
UPID
US09-4312218
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.09M
Comparable Approach
Comparable
$3.46M
Blend (final)
Blend
$3.28M
Owner & transaction history
since 2015
6 recorded transactions
Zoning & alternative use
FC · Fortuna, CA
Zoning description
Automobile-related uses in the FC zone as follows: a. Shops and garages for the repair, sale or rental of new and used cars, trucks, trailers, recreational vehicles, agricultural and construction equipment, motorcycles,…
General category
COMMERCIAL
Top alternative use upside
Medical building
$5.4M
+16.2%
Apartment house (5+ units)
$5.2M
+12.8%
Restaurant
$5.0M
+8.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
5 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.28M
Value range
$2.95M – $3.60M
±10% around blend
Estimated value / SF
$99 / SF
Confidence
None
1 county-verified comps
Property data
88
Comparable evidence
10
$2.95M
blend $3.28M
$3.60M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
33,160 SF
Lot area
1.03 ac
Year built
2001
Stories
3
APN
200-363-038-000
Assessed value
$3,864,217
Annual tax
$40,983
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.09M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.35M
@ 6.5% CAP return
$3.09M
@ 7% CAP return
$2.87M
4
Sales comparison
Partial preview
Sales approach indication
$3.46M
Weighted, 0 comps · none confidence
Evidence
1 found
County-verified recorded sales
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.28M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+16%
vs current-use indication
Apartment House (5+ Units)
Restaurant
Hotel/motel · current use
Industrial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 1 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.86M
Move the market yield to see immediate price impact.
Value / SF
$117
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$243k
$4.87M
$3.48M
$2.70M
$270k
$5.41M
$3.86M
$3.01M
$298k
$5.95M
$4.25M
$3.31M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
1 found
None confidence · county-verified
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$40,983
Tax year 2024
Assessed value
$3,864,217
Assessed 2024
Previous assessed
$3,864,217
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$324,022
Assessed improvement
$3,540,195
Applied tax rate
5.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
2001
Heating
NONE
Stories
3
Total area
33,160 SF
Lot
1.03 ac (44,866 SF)
Zoning code
FC
APN
200-363-038-000
UPID
US09-4312218
Jurisdiction
HUMBOLDT
Zoning & alternative use
FC · Fortuna, CAZoning FC · permitted uses
FC · Fortuna, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
Automobile-related uses in the FC zone as follows: a. Shops and garages for the repair, sale or rental of new and used cars, trucks, trailers, recreational vehicles, agricultural and construction equipment, motorcycles,…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Stories
3
Lot
1.03 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
FC
COMMERCIAL
Jurisdiction
Fortuna, CA
Recorded code
FC
Official district
FC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for FC in Fortuna, CA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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