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

    7-2 Lot 207 Otter Court Weed, CA 96094

    View on Map
    For Sale
    Contact for pricing

    LOT - Weed, CA

    Type:Single Family Residence
    Lot size:
    0.24 Acres
    Added:
    Oct 10, 2024
    Days on Market:
    541
    Last Refresh:
    Apr 3 at 5:06 pm

    Property Features for 7-2 Lot 207 Otter Court

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    0.24 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Cher Beck

    Listing agent Cher Beck License #01274716

    Listing office eXp Realty of California, Inc-Cher 5853 Black Bear Road, Weed, CA

    Listing date Oct 10, 2024

    MLS# 20241232 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

    Residential Lot in Weed, CA

    This residential lot, approximately 0.24 acres, is located just north of Weed, California, off Highway 97 and Big Springs Road. The property has sewer (buyer to verify), landline phone, power, and water available at the property line. It is situated within the Lake Shastina residential community, which offers amenities such as Police and Fire Departments, a medical clinic, Hoy Park, a Community Center, a Country Club with two golf courses, and private boat launching areas. Recreational opportunities are abundant, with two ski resorts, hiking trails, fly fishing locations, and gold mining areas located within a short distance. Two country stores are also nearby. The property owners association dues are currently less than $400 per year, subject to change.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Big Box & Wholesale Store Hotel & Motel Electrical Service Garden Center Fish Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Weed
    County
    Siskiyou
    State
    California
    Longitude
    -122.364818
    Latitude
    41.499604

    Nearby Similar for Sale

    • $620,000
      5,469 SF

      Versatile Property Near I-5, Weed

      Three buildings on 2+ acres with performing arts potential.
      750 S Weed Blvd, Weed, CA 96094
      View Details
    • $499,000
      1,450 SF

      Downtown Weed Dual Rental Homes

      Two updated homes in downtown Weed with immediate income potential.
      202 & 206 N Weed Blvd., Weed, CA 96094
      View Details
    • $439,000
      8,500 SF

      Versatile Commercial Building in Weed, CA

      Commercial building with four units suitable for various business needs.
      295 Main St., Weed, CA 96094
      View Details
    • $325,000
      2,000 SF

      Versatile Industrial Property with Highway Visibility

      One-acre industrial property with shop, home, and income potential.
      2831 State Highway 97, Weed, CA 96094
      View Details
    • $15,555

      Level Lot Near Country Club

      Residential lot near amenities in Lake Shastina community.
      Unit 5 Lot 59 Rodriquez Pl, Weed, CA 96094
      View Details
    • $22,222

      Sloping Lot with Mountain Views

      Residential lot with views of Lake Shastina and Mt. Shasta.
      Unit 9-2 Lot 82 Mountain Wood Drive, Weed, CA 96094
      View Details
    • $7,333

      Large Lot with Lake View

      Over half-acre lot near Lake Shastina with utilities available.
      Unit 3 Lot 103 Juniper Peak, Weed, CA 96094
      View Details
    • $21,999

      Rancho Hills View Lot

      Residential lot with views of Lake Shastina and Mt. Shasta.
      Unit 9-2Lot 137 Elk Ridge, Weed, CA 96094
      View Details
    • $13,333

      Residential Lot with Mountain Views

      Residential lot with golf course and mountain views near amenities.
      Unit 4 Lot 428 Fairway Dr, Weed, CA 96094
      View Details
    • $4,300

      Rancho Hills Residential Lot

      0.27 acre lot near Lake Shastina.
      9-2 Lot 266 Golden Hill, Weed, CA 96094
      View Details
    • $3,131

      Residential Lot in Lake Shastina

      Third-acre lot with utilities in Lake Shastina community.
      Unit 1 Lot 69 Brook Lane, Weed, CA 96094
      View Details
    • $8,000

      Lake Shastina View Lot

      Oversized lot with views of Mount Shasta and Lake.
      Lot 263 Stag St, Weed, CA 96094
      View Details

    FAQs

    What type of property is this?
    Land - Residential lot with utilities available in Lake Shastina community.
    Where is this land located?
    The property is located at 7-2 Lot 207 Otter Court Weed, CA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Essential utilities available: Power, water, and landline phone at the property line, sewer (buyer to verify).; Low POA dues: Currently less than $400 per year (subject to change).; Convenient location: Situated just north of Weed, off Highway 97 and Big Springs Road.
    (530) 598-5370
    We can help!
    Listing Contact
    Cher Beck
    Real Estate License ID: 01274716
    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!