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    1408 Riosa RD Lincoln, CA 95648

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    Claim this Listing
    For Sale
    $1,060,000

    MULTI_FAMILY - Lincoln, CA

    Property size:
    3,092 SF
    Lot size:
    4.80 Acres
    Price / SF:
    $342/SF
    Added:
    Jul 18, 2025
    Days on Market:
    284
    Last Refresh:
    Apr 27 at 12:06 am

    Property Features for 1408 Riosa RD

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    FARM
    Bedrooms
    4
    Rooms
    Bedroom 3, Laundry Room, Bedroom 4, Bedroom 2, Bedroom 1
    Parking features
    RV
    Security features
    Security
    Window features
    Screens
    Interior features
    Updated Baths, Updated Kitchen, Open Beam Ceiling, Tub w/Shower Over
    Exterior features
    Dog Run
    Fencing
    Barbed Wire, Fenced, Cross Fenced
    Fireplace
    1
    Appliances
    Dryer, Washer, Electric Water Heater
    Standard status
    Active
    APN
    020012044000
    Size
    3,092 SF
    Lot size
    4.80 Acres

    Utilities

    Heating system
    Heat Pump (Heating), Electric (Heating), Fireplace Insert, Fireplace(s)
    Cooling system
    Wall/Window Unit(s), Central Air, Heat Pump, Multi Units, Window Unit(s)
    Water front features
    Pond

    Building Details

    Year built
    1974
    Flooring type
    Carpet, Laminate
    Building materials
    Frame, Wood Siding, Lap Siding, Fiber Cement
    Additional Structures
    Kennel/Dog Run

    We can help!

    Listing Contact
    Jonathan Minerick
    Jonathan Minerick

    Listing agent Jonathan Minerick License #2021047910

    Listing office HOMECOIN.COM 600 B St Ste 300, San Diego, CA

    Listing date Jul 18, 2025

    MLS# 41105300 Listing URL

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

    Overview

    Two Houses on 4.8 Acres

    This property features two houses on 4.8 acres. The first house, located at 1408 Riosa Rd, offers over 2200 square feet of living space, including 3 bedrooms and 2 bathrooms, along with a large entertaining/family area. The kitchen is equipped with hickory cabinets and a dishwasher. New A/C heat pumps have been installed. The layout includes 2 bedrooms and 1 bathroom upstairs, with 1 bedroom, 1 bathroom, and a den downstairs. The second house is a newly built home with 884 square feet, featuring 2 bedrooms and 1 bathroom. The property is mostly level and includes a 1000 square foot barn and a pond. The pond is fed by irrigation water and contains bass, bluegill, catfish, and other fish. The property is fenced and cross-fenced. Located in a low fire risk assessment area, the property benefits from very low insurance premiums. The zoning is AG/farming/residential, allowing for cattle, horses, and other livestock. There are five covered horse arenas located nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Florist

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Placer
    State
    California
    Longitude
    -121.3100443
    Latitude
    38.9851541

    FAQs

    What type of property is this?
    Farm - Two homes on 4.8 acres with barn and pond.
    Where is this farm located?
    The property is located at 1408 Riosa RD Lincoln, CA.
    What is the asking price?
    The asking price for this property is $1,060,000.
    What are key features of this property?
    This property features: Two houses on 4.8 acres: Great for rental income or multi‑generational living.; Zoned ag/farming/residential: Allows for livestock and farming.; Pond stocked with fish: Provides recreational opportunities.
    (888) 400-2513
    We can help!
    Listing Contact
    Jonathan Minerick
    Jonathan Minerick
    Real Estate License ID: 2021047910
    Learn More
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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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