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Property profile & analytics
OFF-MARKET
Estimated value
$4,900,000
Assisted living facilities
1660 3rd St Lincoln, CA 95648-1597
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-9069915
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1989
Construction
WOOD
Total area
39,090 SF
Lot
2.1 ac (91,476 SF)
Zoning code
BP 50
APN
021-321-040-000
UPID
US09-9069915
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
$4.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.90M
Owner & transaction history
The Gathering Inn · 1 yrs held
The Gathering Inn
since 2024
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
BP 50 · Lincoln, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$7.3M
+902.2%
Office building
$6.5M
+801.9%
Commercial (general)
$6.1M
+740.6%
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
$4,900,000
ML approach
$4,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$7,270,000
Change: +902% · Conversion: Difficult
OFFICE BUILDING
$6,545,000
Change: +802% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,100,000
Change: +741% · Conversion: Difficult
RESTAURANT
$4,440,000
Change: +512% · Conversion: Difficult
MEDICAL BUILDING
$4,085,000
Change: +463% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,860,000
Change: +432% · Conversion: Difficult
Blend value · Realmo final
$4.90M
Range $4.41M – $5.39M · ±10% · vs last sale $4.90M (Aug 13 2024)
Last sale anchor
$4.90M
Aug 13 2024
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
$125 / 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
$24,080
Tax year 2024
Assessed value
$2,051,781
Assessed 2024
Previous assessed
$2,051,781
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$399,172
Assessed improvement
$1,652,609
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
1989
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Units
50
Total area
39,090 SF
Lot
2.1 ac (91,476 SF)
Zoning code
BP 50
APN
021-321-040-000
UPID
US09-9069915
Jurisdiction
PLACER
Zoning & alternative use
BP 50 · Lincoln, CA
Zoning BP 50 · permitted uses
BP 50 · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.3M
OFFICE BUILDING
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$6.1M
RESTAURANT
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1989
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Units
50
Lot
2.1 ac
Current owner
From public records · entity-resolved
The Gathering Inn
Individual
Mailing address
4020 SIERRA COLLEGE BLVD STE #100, ROCKLIN, CA 95677-3906
Ownership since
2024
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
Aug 13, 2024
$4,900,000
The Gathering Inn
Care West Insurance Company
Grant Deed
$6,440,670 · Department Of Social Services
Jul 2, 2012
—
Care West Insurance Co
Foremost Healthcare Props INC
Quit Claim Deed
—
Jan 22, 2009
—
Foremost Health Care Props INC
Horizon West Healthcare
Grant Deed
—
—
—
Horizon West Healthcare Of Ca INC
—
Deed Of Trust
related
—
—
—
Sierra Medical Enterprises
—
Deed Of Trust
related
$583,839 · Individual
—
—
Sierra Medical Enterprises
—
Deed Of Trust
related
$1,000,000 · Western Sierra National Bank
—
—
Lincoln Retireme
—
Deed Of Trust
related
$99,200 · Reinlein Lieser
—
—
Foremost Healthcare Props INC
—
Deed Of Trust
related
—
—
—
Sierra Medical Enterprises
—
Deed Of Trust
related
$1,000,000 · Western Sierra National 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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