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Property profile & analytics
OFF-MARKET
Estimated value
$10,865,000
Hotels
1651 Ave K K Lancaster, CA 93534-5929
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6709210
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1986
Total area
73,813 SF
Lot
2.73 ac (118,911 SF)
Zoning code
LRRA7000*
APN
3129-019-027
UPID
US09-6709210
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.16M
CAP Approach
CAP
$10.26M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.87M
Owner & transaction history
Madison Sac LLC · 1 yrs held
Madison Sac LLC
since 2025
Last sale
$12.0M
5 recorded transactions
Zoning & alternative use
LRRA7000* · Lancaster, 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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
$10,975,000
ML approach
$9,160,000
CAP Approach
CAP Return
Estimation
6%
$11,105,000
6.5%
$10,255,000
7%
$9,520,000
Blend value · Realmo final
$10.87M
Range $9.78M – $11.95M · ±10% · vs last sale $11.97M (Feb 3 2025)
Last sale anchor
$11.97M
Feb 3 2025
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
$147 / 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
$163,150
Tax year 2024
Assessed value
$9,745,411
Assessed 2024
Previous assessed
$9,745,411
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$1,251,299
Assessed improvement
$8,494,112
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
1986
Heating
NONE
Stories
1
Total area
73,813 SF
Lot
2.73 ac (118,911 SF)
Zoning code
LRRA7000*
APN
3129-019-027
UPID
US09-6709210
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LRRA7000* · Lancaster, CA
Zoning LRRA7000* · permitted uses
LRRA7000* · Lancaster, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
1
Lot
2.73 ac
Current owner
From public records · entity-resolved
Madison Sac LLC
Entity
Mailing address
475 NE BELLEVUE DR STE #210, BEND, OR 97701-7411
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
—
Madison Sac LLC
—
Deed
related
$6,000,000 · Enterprise Bank & Trust
Feb 3, 2025
$11,973,000
Madison Sac LLC
Baney Corporation
Grant Deed
—
Apr 13, 2022
—
Baney Corporation
—
Deed
related
$6,000,000 · Us Bank NA
Aug 25, 2005
—
Robin Pomeroy
Baney Corp
Grant Deed
$2,212,500 · Vineyard Bank
—
—
Baney Corp
—
Loan Modification
related
$6,000,000 · Us Bk
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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