Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    00 Summit Drive Mt Shasta, CA 96067

    View on Map
    Claim this Listing
    For Sale
    $120,000

    ACREAGE - Mt Shasta, CA

    Lot size:
    1.60 Acres
    Added:
    Jul 11, 2024
    Days on Market:
    659
    Last Refresh:
    Apr 30 at 5:06 pm

    Property Features for 00 Summit Drive Mt

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.60 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Aric Cena
    Aric Cena

    Listing agent Aric Cena License #01449502

    Listing office Alpine Realty, Inc 215 W Castle St, Mt. Shasta, CA

    Listing date Jul 11, 2024

    MLS# 20240890 Listing URL

    Copyright © 2026 Siskiyou Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mt Shasta Industrial Acreage

    This 1.6-acre property is zoned for light industrial use, a zoning designation that is scarce in South Siskiyou County. The acreage is located adjacent to Interstate 5, near the Truck Village Exit. The property offers views of Black Butte, the Eddies, and conifer trees. Potential uses for the land are numerous.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Shasta
    County
    Shasta
    State
    California
    Longitude
    -122.249
    Latitude
    41.3683

    Nearby Similar for Sale

    • $469,000

      Renovated Building in Mt Shasta

      Renovated commercial building suitable for various industrial ventures.
      1044 N Mt Shasta BLV, Mt Shasta, CA 96067
      View Details
    • $795,000
      2,500 SF

      Mixed-Use Building with Rental Income

      Historic downtown building with residential and office rental units.
      612 N Mt. Shasta Blvd, Mt Shasta, CA 96067
      View Details
    • $1,790,000
      2,996 SF

      Forested Retreat with Multiple Living Quarters

      17-acre property ideal for family gatherings or income generation.
      4025 Summit Drive, Mt Shasta, CA 96067
      View Details
    • $249,500
      804 SF

      Mt. Shasta Cottage with C-1 Zoning

      Versatile 804 sqft cottage in downtown Mt. Shasta.
      316 Pine Street, Mt Shasta, CA 96067
      View Details
    • $900,000

      Mt. Shasta Development Opportunity

      49-acre development opportunity near I-5 with mountain views.
      00 S Mt.Shasta Boulevard, Mt Shasta, CA 96067
      View Details
    • $190,000

      2.5 Acres in Mt Shasta

      Wooded 2.5-acre corner parcel near downtown Mount Shasta.
      Lot 16 Quail Hill Dr, Mt Shasta, CA 96067
      View Details
    • $119,000

      Commercial Lot in Gateway Park

      1.2 acre commercial lot with highway access in Mt Shasta.
      Lot 8 Gateway Park, Mt Shasta, CA 96067
      View Details
    • $139,000

      Commercial Lot in Gateway Subdivision

      Excavated 1.04 acre commercial lot with mixed-use zoning.
      Lot 7 Gateway Park, Mt Shasta, CA 96067
      View Details
    • $68,500

      Mt Shasta Corner Lot

      Corner lot in Mt Shasta with potential home site.
      Lot 16 Matthew Ct, Mt Shasta, CA 96067-0000
      View Details
    • $200,000

      Land with Mountain Views

      2.65 acre homesite with mountain views and city water.
      lot 15 Quail Hill Drive, Mt Shasta, CA 96067
      View Details
    • $39,900

      Scenic Land Near I-5

      1.4 acres of raw land near Mt. Shasta recreation.
      1.4 Acres Summit Drive, Mt Shasta, CA 96067
      View Details
    • $115,000

      Secluded Wooded Acreage Near Town

      2.7-acre wooded property close to downtown Mount Shasta.
      Lot 3 Andrew Ct, Mt Shasta, CA 96067
      View Details

    FAQs

    What type of property is this?
    Industrial land - 1.6 acres of industrial land near Interstate 5.
    Where is this industrial land located?
    The property is located at 00 Summit Drive Mt Shasta, CA.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: Light industrial zoning, a rare find in South Siskiyou County.; Adjacent to Interstate 5 for easy access and visibility.; Near Truck Village Exit, offering convenience for transportation and logistics.
    (530) 859-3472
    We can help!
    Listing Contact
    Aric Cena
    Aric Cena
    Real Estate License ID: 01449502
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!