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Property profile & analytics
OFF-MARKET
Estimated value
$1,385,000
Hotels
402 Railroad Ave Nevada City, CA 95959-2836
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2973985
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Total area
36,902 SF
Lot
7.78 ac (338,896 SF)
Zoning code
C
APN
005-490-019-000
UPID
US09-2973985
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
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$1.39M
Owner & transaction history
Ekdanta Investments LLC · 12 yrs held
Ekdanta Investments LLC
since 2014
6 recorded transactions
Zoning & alternative use
C · Nevada City, 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 Nevada City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nevada City 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
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.39M
Range $1.25M – $1.52M · ±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
$38 / 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
$40,704
Tax year 2024
Assessed value
$3,449,235
Assessed 2024
Previous assessed
$3,449,235
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$925,403
Assessed improvement
$2,523,832
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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/MOTEL
Status
Off-Market
Heating
NONE
Units
63
Total area
36,902 SF
Lot
7.78 ac (338,896 SF)
Zoning code
C
APN
005-490-019-000
UPID
US09-2973985
Jurisdiction
NEVADA
Zoning & alternative use
C · Nevada City, CA
Zoning C · permitted uses
C · Nevada City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nevada City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
63
Lot
7.78 ac
Current owner
From public records · entity-resolved
Ekdanta Investments LLC
Entity
Mailing address
5151 WESTON WAY, GRANITE BAY, CA 95746-6490
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Jun 27, 2014
$3,510,100
Ekdanta Investments LLC
Roy E Ramey Family LP
Grant Deed
$1,180,000 · Cushman Rexrode Cap
Sep 21, 2011
—
Roy E Ramey Family LP
—
Grant Deed
related
$1,500,000 · Foothill Mortgage Fund Of Olympia LLC Foothill Mortgage Fund Of Olympia LLC
Feb 26, 2009
—
Roy E Ramey Family
—
Deed Of Trust
related
$565,000 · Citizens Bk/nthrn Ca
Mar 18, 1997
—
Roy E Ramey Family LP
Ramey,roy E & Jacqueline
Quit Claim Deed
related
—
Dec 29, 1993
—
Roy E Ramey
Roy E Ramey Trus
Quit Claim Deed
related
—
—
—
Roy E Ramey Family Ptshp
—
Loan Modification
related
$951,984 · Citizens Bk/nthrn Ca
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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