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

    103 Main Street Chester, CA 96020

    View on Map
    Claim this Listing
    For Sale
    $280,000

    COMMERCIAL - Chester, CA

    Lot size:
    0.30 Acres
    Added:
    Feb 28, 2021
    Days on Market:
    1876
    Last Refresh:
    Apr 19 at 2:06 pm

    Property Features for 103 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Parking features
    Off Street
    Standard status
    Active
    APN
    100-052-002
    Lot size
    0.30 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer

    We can help!

    Listing Contact
    Arlie Holland
    Arlie Holland

    Listing agent Arlie Holland License #00996488

    Listing office CHASE INTERNATIONAL LAKE ALMANOR BROKERS 452 PENINSULA DRIVE, Lake Almanor, CA

    Listing date Feb 28, 2021

    MLS# 20210137 Listing URL

    Copyright © 2026 Plumas 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

    Commercial Land in Downtown Chester

    This commercial property is located in downtown Chester, California, backing up to the Olsen Barn Meadow and offering views. The level lot is situated in a location that could be the first business seen when approaching Chester or the last when leaving. It has city water and sewer services available. The property offers potential for entrepreneurs, with views of sunrises over Dyer Mountain, the lake, and the meadow. The lot size is 0.3 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Law Firm Gym & Fitness Center HVAC Service Bar & Pub Discount Store Auto Parts Store Electrical Service Furniture & Home Goods Electronics & Wireless Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Plumas
    State
    California
    Longitude
    -121.222579
    Latitude
    40.312274

    Nearby Similar for Sale

    • $100,000
      1,000 SF

      Established Coffee House For Sale

      Turnkey coffee business with drive-through in high-traffic location.
      192 Main Street, Chester, CA 96020
      View Details
    • $675,000
      4,208 SF

      Iconic Commercial Building on Main

      Versatile commercial building in Chester's business district with many potential.
      220 Main Street, Chester, CA 96020
      View Details
    • $115,000

      Lake Almanor West Land Parcel

      Land parcel in desirable Lake Almanor West location.
      512 Eagle Crest Drive lot: 23, Lake Almanor West, CA 96020
      View Details
    • $40,000

      Lake Almanor West Acreage

      0.64 acre lot in Lake Almanor West, California.
      275 Osprey Loop lot: 13, Lake Almanor West, CA 96020
      View Details
    • $95,000

      Golf Course Lot in Almanor

      Golf course lot with recreational amenities in Lake Almanor West.
      333 Maidu Drive, Lake Almanor West, CA 96020
      View Details
    • $49,000

      Chester Land with Golf Views

      1.05-acre lot with golf course views and community amenities.
      168 Slim Drive, Chester, CA 96137
      View Details
    • $69,000

      Lake Almanor West Parcel

      0.80 acre parcel with amenities in Lake Almanor West.
      135 Goose Bay View Trail lot: 19, Lake Almanor West, CA 96020
      View Details
    • $42,000

      Lake Almanor West Building Lot

      Building lot with HOA amenities: golf, boat launch, park.
      285 Osprey Loop lot: 18, Lake Almanor West, CA 96020
      View Details
    • $40,000

      Lake Almanor West Land Parcel

      1.15 acre parcel with lake and mountain views.
      124 Lake Almanor West Drive lot: 165, Lake Almanor West, CA 96020
      View Details
    • $29,900

      Lake Almanor West Lot

      1.3 acre lot with golf course and lake views.
      148 Slim Drive, Chester, CA 96020
      View Details
    • $49,500

      Lake Almanor West Acreage

      Residential land in Lake Almanor West with water hookup.
      118 Goose Bay View Trail lot: 11, Lake Almanor West, CA 96020
      View Details
    • $500,000

      Chester Land with Mountain Views

      Residential land with utilities and scenic mountain views.
      113 Lake Almanor West Drive, Chester, CA 96020
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial lot with meadow views in downtown Chester, California.
    Where is this commercial land located?
    The property is located at 103 Main Street Chester, CA.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: Prime commercial property in downtown Chester.; Backs up to Olsen Barn Meadow with spectacular views.; Ideal location for high visibility entering or leaving Chester.
    (530) 596-3303
    We can help!
    Listing Contact
    Arlie Holland
    Arlie Holland
    Real Estate License ID: 00996488
    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!