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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Motels
3721 Watt Ave Sacramento, CA 95821-2611
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US10-2140295
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1940
Construction
WOOD
Total area
6,393 SF
Lot
0.93 ac (40,427 SF)
Zoning code
RD-30
APN
254-0160-026-0000
UPID
US10-2140295
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
-
Budget Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$635k
CAP Approach
CAP
$1.42M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.04M
Owner & transaction history
Shailesh Patel · 9 yrs held
Shailesh Patel
since 2016
6 recorded transactions
Zoning & alternative use
RD-30 · Sacramento, 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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sacramento 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
$635,000
CAP Approach
CAP Return
Estimation
6%
$1,530,000
6.5%
$1,415,000
7%
$1,310,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,690,000
Current use
AUTO REPAIR, GARAGE
$1,635,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$1,630,000
Change: -4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,510,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±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
$163 / 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
$5,190
Tax year 2024
Assessed value
$415,823
Assessed 2024
Previous assessed
$415,823
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$198,297
Assessed improvement
$217,526
Applied tax rate
54.0000
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
1940
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
28
Rooms
9
Bathrooms
2
Total area
6,393 SF
Lot
0.93 ac (40,427 SF)
Zoning code
RD-30
APN
254-0160-026-0000
UPID
US10-2140295
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-30 · Sacramento, CA
Zoning RD-30 · permitted uses
RD-30 · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1940
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
28
Rooms
9
Bathrooms
2
Lot
0.93 ac
Current owner
From public records · entity-resolved
Shailesh Patel
Individual
Mailing address
3721 WATT AVE, SACRAMENTO, CA 95821-2611
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2016
—
Shailesh Patel
Shaliesh Patel
Intrafamily Transfer
related
$615,000 · Pacific Enterprise Bank
May 16, 2014
$760,000
Saliesh Patel
Nikki Investments LLC
Grant Deed
$606,000 · Nikki Investments LLC
Dec 7, 2011
$800,000
Nikki Investments LLC
Td Service Co
Trustees Deed
related
—
Sep 15, 1999
—
Jitendra Patel
—
Deed Of Trust
related
$1,000,000 · Coast Commercial Bank
Jul 12, 1996
$969,000
Jitendra Patel
Wilson,william N & Carolyn M
Grant Deed
related
$850,000 · Seller
—
—
Jitendra Patel
—
Deed Of Trust
related
$1,100,000 · Far East 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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