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    3901 Pioneer Trl South Lake Tahoe, CA 96150
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    3901 Pioneer Trl, South Lake Tahoe, CA 96150

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    • Hotels
    • 10,836 SF
    • 0.66 lot acres
    For Sale
    $3,900,000
    View Listing →
    South Lake Tahoe Hotel Investment For Sale
    $3,900,000
    10,836 SF

    South Lake Tahoe Hotel Investment

    33-unit hotel near casinos, shopping, and Heavenly Village.

    3901 Pioneer Trail, South Lake Tahoe, CA 96150
    View Listing
    Property ID
    US09-3652544
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    3.3%
    Hotels
    Location Intelligence

    Current Use by Public Records

    • National 9 Inn / Hotel & Motel

    Property Details for 3901 Pioneer Trl

    Year built
    1956
    Construction
    WOOD
    Lot size
    0.66 lot acres
    Zone code
    TC
    Property type
    Hotels
    Property subtype
    Motels
    APN
    029-162-002-000
    APU
    29162002000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 16, 2020 $2,200,000 Monaco Associates LLC Arunkumar Panchal Grant Deed —
    Feb 16, 2005 $1,300,000 Panchal,arunkumar Patel,nareshbhai P Grant Deed $900k · Heritage Bk/commerce
    Dec 29, 1995 $877,000 Nareshbhai P Patel Patel,jagdish B & Purnima J Grant Deed · related $371k · Money Store Commercial Mtg
    — — Nareshbhai B Patel — Deed Of Trust · related $55k · Seller
    — — Nareshbhai P Patel — Deed Of Trust · related $850k · Coast Commerce Bank
    — — Nareshbhai P Patel — Deed Of Trust · related $150k · Arvind Ved

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,995,000
      ML approach
      $1,955,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,518,000
      Market price range: $292k - $2.71M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $3,460,000
      Current use
      RESTAURANT
      $2,960,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    South Lake Tahoe
    County
    El Dorado
    State
    California
    Longitude
    -119.948
    Latitude
    38.9523
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,892
    $572,220
    $1,716,660
    $2,288,880
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      14,644 SF

      924-930 Park Ave. Lk

      Motels
      924-930 Park Ave. Lk, South Lake Tahoe, CA 96150
      View Details
    • Value Estimation by Request
      3.58 Acres

      4130 Lk Tahoe Blvd

      HOTEL/MOTEL
      4130 Lk Tahoe Blvd, South Lake Tahoe, CA 96150-6965
      View Details
    • Value Estimation
      $1,330,000
      12,986 SF

      3820 Lk Tahoe Blvd

      HOTEL/MOTEL
      3820 Lk Tahoe Blvd, South Lake Tahoe, CA 96150-8905
      View Details
    • Value Estimation
      $1,055,000
      11,397 SF

      1030 Midway Rd

      HOTEL/MOTEL
      1030 Midway Rd, South Lake Tahoe, CA 96150
      View Details
    • Value Estimation
      $3,055,000
      35,008 SF

      3840 Pioneer Trl

      HOTEL/MOTEL
      3840 Pioneer Trl, South Lake Tahoe, CA 96150-8806
      View Details
    • Value Estimation by Request
      444 SF

      130 Fallen Leaf Rd

      HOTEL/MOTEL
      130 Fallen Leaf Rd, South Lake Tahoe, CA 96150-6165
      View Details

    Similar Nearby for Sale

    • $2,950,000
      8,136 SF

      South Lake Tahoe Motel Property

      Motel property near casinos, ski lifts, shopping, and restaurants.
      3863 Pioneer Trl, South Lake Tahoe, CA 96150
      View Details
    • $1,450,000
      4,872 SF

      South Lake Tahoe Hotel Opportunity

      Highway 50 frontage, 13 rooms, manager's unit, redevelopment potential.
      1313 Emerald Bay Rd, South Lake Tahoe, CA 96150
      View Details
    • $3,900,000
      10,836 SF

      South Lake Tahoe Hotel Investment

      33-unit hotel near casinos, shopping, and Heavenly Village.
      3901 Pioneer Trl, South Lake Tahoe, CA 96150
      View Details
    • $5,800,000

      South Lake Tahoe Hotel Opportunity

      42-key hotel near Lake Tahoe and Heavenly Gondola.
      4133 Cedar Ave, South Lake Tahoe, CA 96150
      View Details
    • Contact for pricing

      South Lake Tahoe Vintage Hotel

      58-key hotel near Heavenly Village and Lake Tahoe.
      4130 Manzanita Ave, South Lake Tahoe, CA 96150
      View Details
    • $3,480,000

      Renovated South Lake Tahoe Lodge

      24-unit hotel with recent renovations and prime location.
      735 Emerald Bay Rd, South Lake Tahoe, CA 96150
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Renovated Hotel Near South Lake Tahoe

      Recently remodeled 22-room hotel in South Lake Tahoe's tourist core.
      985 Park Ave, South Lake Tahoe, CA 96150
      View Details
    • $2 SF/Yr

      Renovated Retail Center Near Lake Tahoe

      Centrally located retail center near Heavenly Ski Resort and Ski Run Marina.
      3668 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
      View Details
    • Contact for pricing

      Lake Tahoe Retail Space Available

      Retail space on main thoroughfare near Heavenly Village.
      4101 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
      View Details
    • $2 SF/Yr

      Prime Retail Location in Tahoe

      High-traffic retail space in South Lake Tahoe's gateway location.
      2014-2062 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
      View Details
    • Contact for pricing

      Lake Tahoe Coworking Office Space

      Amenitized coworking space in South Lake Tahoe with mountain access.
      3079 Harrison Ave, South Lake Tahoe, CA 96150
      View Details
    View Listing
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    South Lake Tahoe, CA 96150
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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