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Property profile & analytics
OFF-MARKET
Estimated value
$4,500,000
Motels
623 16th St Sacramento, CA 95814-1614
Individually Owned
1-yr Hold
Free & Clear
Property ID
US09-2732925
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1959
Construction
WOOD
Total area
11,276 SF
Lot
0.44 ac (19,200 SF)
Zoning code
C-2-SPD
APN
002-0173-023-0000
UPID
US09-2732925
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
-
Travelodge by Wyndham Sacramento Convention Center Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.35M
Blend (final)
Blend
$4.50M
Owner & transaction history
Bay Area Community Services Housing · 1 yrs held
Bay Area Community Services Housing
since 2024
Last sale
$4.5M
6 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.6M
+86.3%
Neighborhood: shopping center
$3.5M
+18.6%
Apartment house (5+ units)
$3.5M
+15.9%
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
$4,500,000
ML approach
$4,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,985,000
Current use
RESTAURANT
$5,560,000
Change: +86% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,535,000
Change: +19% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,460,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,885,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$2,870,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$4.50M
Range $4.05M – $4.95M · ±10% · vs last sale $4.50M (Dec 6 2024)
Last sale anchor
$4.50M
Dec 6 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
$399 / 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
$32,975
Tax year 2024
Assessed value
$2,420,562
Assessed 2024
Previous assessed
$2,420,562
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$791,803
Assessed improvement
$1,628,759
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
42
Total area
11,276 SF
Lot
0.44 ac (19,200 SF)
Zoning code
C-2-SPD
APN
002-0173-023-0000
UPID
US09-2732925
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2-SPD · Sacramento, CA
Zoning C-2-SPD · permitted uses
C-2-SPD · 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
$3.0M
RESTAURANT
Est. value
$5.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.9M
HOTEL/MOTEL Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1959
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
42
Lot
0.44 ac
Current owner
From public records · entity-resolved
Bay Area Community Services Housing
Individual
Free & Clear · 1 yrs held
Mailing address
623 16TH ST, SACRAMENTO, CA 95814-1614
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2024
$4,500,000
Bay Area Community Services Housing
Capital City Hospitality INC
Grant Deed
—
Mar 18, 2015
$2,000,000
Capital City Hospitality INC
Ophmms LLC
Grant Deed
$1,500,000 · Savings Bank Of Mendocino County
Jun 2, 2014
$1,225,000
Ophmms LLC
Cheng William & Janet
Grant Deed
—
Mar 25, 2003
—
Janet Cheng
Cheng,william W
Quit Claim Deed
related
—
Jan 14, 1991
$330,000
William W Cheng
Patel Dinesh D
Grant Deed
related
—
Jul 12, 1988
—
Patel Dinesh D
—
Deed Of Trust
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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