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Property profile & analytics
OFF-MARKET
Estimated value
$20,700,000
Motels
2779 Prospect Park Dr Rancho Cordova, CA 95670-6025
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2933910
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1999
Construction
TILT-UP CONCRETE
Total area
64,250 SF
Lot
2.38 ac (103,672 SF)
Zoning code
OPMU
APN
072-0610-065-0000
UPID
US09-2933910
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
-
Residence Inn Sacramento Rancho Cordova Hotel & Motel
-
2779 Prospect Park Drive Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$23.76M
Blend (final)
Blend
$20.70M
Owner & transaction history
Pdr Hospitality LP · 2 yrs held
Pdr Hospitality LP
since 2023
Last sale
$19.6M
4 recorded transactions
Zoning & alternative use
OPMU · Rancho Cordova, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$30.2M
+77.8%
Apartment house (5+ units)
$18.4M
+8.2%
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 Rancho Cordova submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rancho Cordova 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
$19,895,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$17,000,000
Current use
RESTAURANT
$30,220,000
Change: +78% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$18,400,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$16,725,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$16,590,000
Change: -2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$15,010,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$14,780,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$20.70M
Range $18.63M – $22.77M · ±10% · vs last sale $19.58M (Dec 21 2023)
Last sale anchor
$19.58M
Dec 21 2023
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
$322 / 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
$267,047
Tax year 2024
Assessed value
$18,660,000
Assessed 2024
Previous assessed
$18,660,000
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$2,070,000
Assessed improvement
$16,590,000
Applied tax rate
8.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
3
Units
90
Total area
64,250 SF
Lot
2.38 ac (103,672 SF)
Zoning code
OPMU
APN
072-0610-065-0000
UPID
US09-2933910
Jurisdiction
SACRAMENTO
Zoning & alternative use
OPMU · Rancho Cordova, CA
Zoning OPMU · permitted uses
OPMU · Rancho Cordova, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rancho Cordova. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$17.0M
RESTAURANT
Est. value
$30.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$18.4M
MEDICAL BUILDING
Est. value
$16.7M
AUTO REPAIR, GARAGE
Est. value
$16.6M
COMMERCIAL (GENERAL)
Est. value
$15.0M
RETAIL STORES
Est. value
$14.8M
HOTEL/MOTEL Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Buildings
2
Units
90
Lot
2.38 ac
Current owner
From public records · entity-resolved
Pdr Hospitality LP
Entity
Mailing address
1050 20TH ST STE #275, SACRAMENTO, CA 95811-3157
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2025
—
Pdr Hospitality LP
—
Deed
related
$5,430,000 · The Mortgage Capital Development Corp
Dec 21, 2023
$19,580,000
Pdr Hospitality LP
Ri Heritage Inn Of Rancho Cordova L
Grant Deed
$11,130,000 · Oak Valley Community Bank
Nov 19, 2001
—
R I Heritage Inn Of Rancho
—
Deed Of Trust
related
$179,508,000 · Lasalle National Bank Trustee
Aug 27, 1997
—
R I Heritag Inn Rancho Cordova
Rjb/ww
Grant Deed
related
—
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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