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    7552 Lake Davis Road Portola, CA 96122

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    Claim this Listing
    For Sale
    $499,000

    COMMERCIAL - Portola, CA

    Property size:
    2,160 SF
    Lot size:
    8.50 Acres
    Price / SF:
    $231/SF
    Added:
    Aug 12, 2024
    Days on Market:
    621
    Last Refresh:
    Apr 24 at 12:06 pm

    Property Features for 7552 Lake Davis Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Vegetation
    Wooded
    Patio and Porch features
    Patio, Porch
    Exterior features
    Porch, Patio, RV Hookup
    Standard status
    Active
    APN
    025-251-001
    Size
    2,160 SF
    Lot size
    8.50 Acres

    Utilities

    Utilities
    Water Available
    Heating system
    Propane (Heating)
    Water source
    Well

    Building Details

    Year built
    2014
    Floors in Building
    1
    Building materials
    Frame, Manufactured, Wood Siding
    Additional Structures
    Outbuilding

    We can help!

    Listing Contact
    Mark Smith

    Listing agent Mark Smith License #01846012

    Listing office MOUNTAIN LIVING REAL ESTATE 307 POPLAR VALLEY ROAD, BLAIRSDEN, CA

    Listing date Aug 12, 2024

    MLS# 20240928

    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

    Portola Commercial Store and Campground

    The J&J Grizzly Store and Camping Resort, operating since 1997 and under current ownership since 2009, is available for sale. Situated on approximately 8.5 acres, the commercial property features 31 campsites, a store, and a former fast food facility. Additional outbuildings are present on the property, along with a seller's residence. The residence is a 2014 Champion manufactured home on a permanent foundation, offering approximately 2160 square feet of living space, including 3 bedrooms, 2 bathrooms, and a large enclosed deck. Rental equipment such as kayaks, paddleboards, canoes, and small fishing boats are included. The business operates primarily from May through October, with the potential to extend into the winter months. Located 7 miles north of Portola, the property is within walking distance of Lake Davis, a popular destination for fishing, biking, hiking, and camping among local residents and visitors from Northern Nevada, the Central Valley and the Bay Area of California. The J&J Grizzly Store and Camping Resort is the only privately owned store and campground within walking distance of the lake. This is a business asset sale with land and buildings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    J and J Grizzly ... Campground & RV Park

    Suggested Use

    Department Store Grocery & Convenience Store Grocery & Convenience Store Bed & Breakfast Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Portola
    County
    Plumas
    State
    California
    Longitude
    -120.477742
    Latitude
    39.878267

    Nearby Similar for Sale

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    • $245,000
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      Versatile Mixed-Use Property in Portola

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    • $200,000
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      Historic Bank Club in Portola

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    FAQs

    What type of property is this?
    Campground - Store and campground near Lake Davis, an outdoor recreation destination.
    Where is this campground located?
    The property is located at 7552 Lake Davis Road Portola, CA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Established and Profitable Business: Operating since 1997, demonstrating a history of revenue generation.; Prime Location: Situated within walking distance of Lake Davis, a popular recreation area.; Only Privately Owned Store and Campground Near Lake Davis: Offers a unique business opportunity.
    (530) 836-6830
    We can help!
    Listing Contact
    Mark Smith
    Real Estate License ID: 01846012
    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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